MICHAEL LEE-CHIN FAMILY INSTITUTE for Corporate Citizenship


MICHAEL LEE-CHIN FAMILY INSTITUTE FOR CORPORATE CITIZENSHIP

Creating a Definition Project for Business Leadership

AIC Definition Detailed View

Definition	CSR means that a corporation should be held accountable for any of its actions that affect people, their communities, and their environment. It implies that harm to people and society should be acknowledged and corrected if at all possible. It may require a company to forgo some profits it its social impacts seriously hurt some of its shareholders or if its funds can be used to have a positive social impact.
Author 1	Anne Lawrence
Author 2	James Weber
Author 3	James Post
Reference Journal
Reference Publisher	McGraw-Hill Irwin
Reference Year	2004
Approval Status	YES