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Corporate Social Responsibility as the Organization's Commitment against Stakeholders

In: Management Culture and Corporate Social Responsibility

Author

Listed:
  • Jolita Vveinhardt

Abstract

Depending on society culture, traditions, and era, understanding of companies' social responsibility might vary. In this part, we distinguish definitions of companies' social responsibility and discuss the roles of stakeholders. Relations between the stakeholders are discussed in the context of social capital development. We emphasize that commitment against the interested subjects can be a long-term company policy, dictated by values of an organization, rather than the strategy in the activity market. Often in the implementation practice of companies' social responsibility, there can be attention focus on one or even several very significant activities, which indicated that the organization has not yet assimilated the valuable content of this idea and is developing its activity by ignoring a very important principle of inner maturity.

Suggested Citation

  • Jolita Vveinhardt, 2018. "Corporate Social Responsibility as the Organization's Commitment against Stakeholders," Chapters, in: Pranas Zukauskas & Jolita Vveinhardt & Regina Andriukaitiene (ed.), Management Culture and Corporate Social Responsibility, IntechOpen.
    • Handle: RePEc:ito:pchaps:130699
    DOI: 10.5772/intechopen.70625
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    More about this item

    Keywords

    corporate social responsibility; relationship; stakeholders; commitment;
    All these keywords.

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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