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Corporate Social Responsibility: Contribution to All

Corporate Social Responsibility: Contribution to All
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Author(s): Ruth Wolf (Bar-Ilan University, Israel)
Copyright: 2015
Pages: 10
Source title: Empowering Organizations through Corporate Social Responsibility
Source Author(s)/Editor(s): Ruth Wolf (Bar Ilan University, Israel), Theodora Issa (Curtin University, Australia)and Monica Thiel (Tilburg University, The Netherlands)
DOI: 10.4018/978-1-4666-7294-9.ch013

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Abstract

In the framework of Corporate Social Responsibility (CSR), organizations and firms give to the community, environment, and economy. It is clear that an act like this, of giving, enriches the society on the receiving end. That being said, organizations and companies today increasingly understand that the act of giving to another also has a business value for the contributing organization. Companies today are very aware of the advantage and of the contribution to the community. They have internalized the fact that they will begin to benefit as soon as they allocate resources to social responsibility. Contributing to the community brings about a change in the organizational image of a company. Volunteer activities and contributions to the community generally have a positive influence on the company's business reputation. This chapter explores these aspects of CSR.

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