Why is Corporate Social Responsibility (CSR) gathering attention in the business world?
(Source : Interregeurope, 2021) Introduction People and companies who behave ethically and with sensitivity for social, cultural, economic, and environmental issues are referred to as social responsibility in business, also known as corporate social responsibility (CSR). Individuals, businesses, and governments can have a positive impact on development of their businesses, and society by pursuing social responsibility. It's not only about counting short-term costs and benefits when it comes to making smart business decisions. Wise decision-makers think about how today's decisions will affect people, and the community, and customers' opinions in the future. Companies that subscribe to CSR integrate social and environmental concerns into their business operations and engage with their stakeholders on a voluntary basis, according to the report. From this perspective, being socially responsible means that an organization not only complies w...