A Review of the Concept of Corporate Social Responsibility (CSR): From A National to Global Perspective

Gabriel, Justin Mgbechi Odinioha, Ph.D and Okwakpam, Joy Amina, Ph.D.
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Gabriel, Justin Mgbechi Odinioha, Ph.D: Department of Management, Faculty of Management Sciences, Rivers State University, Port Harcourt
Okwakpam, Joy Amina, Ph.D.: Human Resource Administrator, Marie‟s Group of Schools, Port Harcourt, Nigeria

Noble International Journal of Business and Management Research, 2021, vol. 5, issue 6, 88-94

Abstract: This is a review paper that discussed the subject of Corporate Social Responsibility (CSR) drawing from scholarly opinions in extant literature. The paper examined the evolution of CSR. Its meaning, nature and perspectives as well. The paper concluded that though the practice of CSR by firms was initially of a philanthropic nature, it has however, transcended to being aligned with core business objectives. The initial focus of CSR was majorly on voluntary donations and contributions to communities in areas of identified need such as education, healthcare, poverty alleviation and community development. But today, CSR engagements are now increasingly aligned with the primary business objectives and societal imperatives, and explicitly driven by policies embedded in relevant legislation and standards. Therefore, organisations are encouraged to entrench CSR practices is its agenda and operational policies.

Keywords: Corporate Social Responsibility; Review; National; Global; Perspective. (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:nap:nijbmr:2021:p:88-94

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