Corporate social responsibility (CSR)

. Corporate Social Responsibility (CSR) is a subject of much current interest within the managerial world. Management teams, board members and front-line employees, and industry association personnel who work with businesses from large corporations to small and medium-sized enterprises, banks, financial institutions as well as micro-businesses have considered Corporate Social Responsibilities (CSR) as inevitable and valuable. CSR is the responsibility of an organization for the impacts of its decisions and activities on society and the environment through transparent and ethical behavior that is consistent with sustainable development and the welfare of society; takes into account the expectations of stakeholders; is in compliance with applicable law and consistent with international norms of behavior; and is integrated throughout the organization.