The Status of Corporate Social Responsibility
Asian Business Research
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Title |
The Status of Corporate Social Responsibility
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Creator |
Mao, Weikai
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Description |
This report shows the reason why corporate social responsibility (CSR) is needed by Australia companies with a brief introduction of CSR, and in order to achieve sustainability, organisations should fulfil social expectations. Both organisations and society can benefit from acting CSR. Internally, acting CSR can decrease the turnover of employees and the company’s potential risk, improve customers satisfaction and the company’s reputation. In addition, externally, acting CSR will protect the environment, facilitate the economic development and improve organisations’ ability to survive. However, CSR is an uncompleted concept, it still has some limitations in comparability, consistency, reliability, and relevance. Therefore, effective regulatory system should be designed to monitor those companies that introduced CSR policies.
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Publisher |
July Press Pte. Ltd.
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Contributor |
—
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Date |
2019-10-08
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://journal.julypress.com/index.php/abr/article/view/683
10.20849/abr.v4i3.683 |
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Source |
Asian Business Research; Vol 4, No 3 (2019); p21
2424-8983 2424-8479 |
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Language |
eng
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Relation |
http://journal.julypress.com/index.php/abr/article/view/683/502
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Rights |
Copyright (c) 2019 Weikai Mao
http://creativecommons.org/licenses/by/4.0 |
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