corporate social responsibility
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English
Noun
corporate social responsibility (uncountable)
- (business, economics) A form of international private business self-regulation which aims to contribute to societal goals of a philanthropic, activist, or charitable nature.
- Synonym: CSR
- 2012 April 12, Megan McArdle, “Should Corporations Be Do-Gooders?”, in The Atlantic:
- Far too often, those defending or advocating for corporate social responsibility are interested in diminishing the status of capitalism, profit seeking, self-interest, and/or neoclassical economics. But I think one can embrace corporate social responsibility without this baggage.
- 2022 March 11, David Hytner, “Chelsea are in crisis but there is no will to leave club on their knees”, in The Guardian:
- There are normally anti-embarrassment clauses in such arrangements and, from a corporate social responsibility point of view, the upside of standing by a tarnished individual is often outweighed by the downside.