Fostering Sustainable Development: A Corporate Social Responsibility Approach

Oluyomi A. Osobajo, Olushola E. Ajide and Afolabi Otitoju

Journal of Management and Sustainability, 2020, vol. 9, issue 2, 62

Abstract: Corporate social responsibility (CSR) is the sacrificing of profits in the social interest of the public for sustainable management in an economical, ecological and social manner. It is the use of assets responsibly to create a competitive advantage and promote sustainable development. It is a series of interventions by companies to ameliorate externalized impact or the avoidance of conflicts. This article argues that CSR could be used as a tool for the attainment of sustainable development in the global south. Our aim is that companies should understand the critical role that CSR could play and adopt a corporate strategy that would use CSR to advance and enhance the value of the organization, thereby positively to impact the society.

Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.ccsenet.org/journal/index.php/jms/article/download/0/0/40544/41784 (application/pdf)
http://www.ccsenet.org/journal/index.php/jms/article/view/0/40544 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ibn:jmsjnl:v:9:y:2020:i:2:p:62

Access Statistics for this article

More articles in Journal of Management and Sustainability from Canadian Center of Science and Education Contact information at EDIRC.
Bibliographic data for series maintained by Canadian Center of Science and Education ().