(Solved) Which one of the following definitions of corporate social responsibility (CSR) is correct?

Which one of the following definitions of corporate social responsibility (CSR) is correct?

▸ CSR deals with the managerial consideration of market forces or social aspects of corporate activity outside a market or regulatory framework and includes consideration of issues such as employee welfare, community programmes, charitable donations, and environmental protection.

▸ CSR deals with the managerial consideration of non-market forces or social aspects of corporate activity within a market or regulatory framework and includes consideration of issues such as employee welfare, community programmes, charitable donations, and environmental protection.

▸ CSR deals with the managerial consideration of non-market forces or social aspects of corporate activity outside a market or regulatory framework and includes consideration of issues such as employee welfare, community programmes, charitable donations, and environmental protection.

▸ CSR deals with the managerial consideration of market forces.

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Which one of the following definitions of corporate social responsibility (CSR) is correct?

International Corporate Governance

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