Defining Corporate Social Responsibility

Mossavar-Rahmani Center for Business and Government pic

Mossavar-Rahmani Center for Business and Government
Image: http://www.hks.harvard.edu/centers/mrcbg

Jean-Jacques Degroof has many years of experience as an educator, having taught business subjects such as the management of innovation and the sociology of organizations. In addition, Jean-Jacques Degroof served as a post-doctoral fellow at Harvard University’s Mossavar-Rahmani Center for Business and Government (M-RCBG) at the John F. Kennedy School of Government.

M-RCBG hosts several professional programs designed to advance students in different business initiatives, including corporate social responsibility. Frequently referred to as “CSR,” corporate social responsibility represents the efforts on part of a corporation to measure, document, and endeavor to improve the environmental and social effects of company operations.

As the cultural climate of the world becomes more eco-friendly and people place a higher value on sustainability, businesses that want to market to modern consumers are turning to corporate social responsibility to earn a loyal customer base. Companies that employ CSR often increase their likelihood of earning patronage for their products and services. Common types of corporate social responsibility include environmental stewardship, ethical labor practices, and philanthropic giving.

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