What is Corporate (Social) 
             Responsibility (CSR)?
              Definitions and Terms
                  Corporate social performance
                  Corporate social responsibility
                  Social Capital
                  Corporate responsibility
                  Business Ethics
                  Socially responsible investing Business Ethics
                  Human Capital
                  Corporate Citizenship
                  Corporate Accountability
                  Sustainability
                  Sustainable Development
                                        
          What is Corporate Social Responsibility 
          (CR)?
          Internal
             Business Ethics
             Human resource / personnel 
               management
             Labor standards of suppliers
          External
             Social – local and global
             Environmental
                               
           Responsibilities of Business
           Economic               Legal        Ethical   Discret
                                                          ionary
           (must do)          (have to do)    (Should 
                                                 Do)      (Might 
                                                           Do)
                                  
          Milton Friedman’s Traditional View of 
          Business Responsibility
          “There is one and only on social 
            responsibility of business – to use its 
                               Economic
      Legalresources and engage in activities 
            designed to increase profits so long 
                                        Ethical
            as it stays within the rules of the 
            game, which is to say, engages in 
            open and free competition without 
    Ethical deception or fraud.” (1970)
                               
          CSR Components
          Business Ethics Environment
          Rule of Law – Anti-Corruption
          Labor Market Conditions
          Environmental Risks
          Social/Political Risks
          Corporate Governance Risks