kazusa - The rise of the concept of Corporate Social Responsibility during the past decades resulted to the continuous debate about the exact meaning of

kazusa - The rise of the concept of Corporate Social...

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The rise of the concept of Corporate Social Responsibility during the past decades resulted to the continuous debate about the exact meaning of the term. The only generally accepted view about the term CSR is that is a concept which covers several aspects. Frankental (2001), comments that "CSR is a vague and intangible term which can mean anything to anybody, and therefore is effectively without meaning". During the examination of various literatures it can be seen that there is not a single generally accepted definition, although many authors and worldwide institutions defined the term CSR in similar ways. Johnson et al. (2005) argue that the society's expectations, which have major influence on companies and organizations, are based on three levels of Business Ethics. The macro level is the first one and is related to the ethical posture of the company. Simply, the macro level is related to the extent in which the organizations are willing to do more than their legal requirements in order to satisfy their stakeholders. The second one is a part of the macro
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