1. How is Corporate Social Responsibility Defined? According to Business for Social Responsibility, CSR is "operating a business in a manner that meets or exceeds the ethical, legal, commercial, and public expectations that society has of business. Social responsibility is a guiding principle for every decision made and in every area of business." This basically means that CSR is the company's guide to morality. 2. The term "shareholders" (or stakeholders) of a company often comes up in the context of CSR. What are a company's shareholders in this regard? Shareholder refers to an person, company or other institution that owns at least one share in a company. It is also referred to as a stockholder. They are basically the owners of a company. They have the potential to profit if the business does well, but also
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