Definition
Corporate social responsibility is more than just philanthropic activities; rather, it changes the way a business operates in such a way as to maximize the company’s ability to both benefit society and allow the company to remain focused on sustaining and growing the business and its value. In the public sector however, CSR appears in two forms: both the public sector entity engaging in socially responsible behavior itself and setting policies and enforcement mechanisms to assist private sector businesses to do the same.
Introduction
When presented with the term corporate social responsibility (CSR), most people presume that the term refers to the activities of a private sector company that relate to its social and environmental impact Jarret (2015). That could be the result of the fact that there is very little...
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References
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Vogel, G.M. (2017). The Role of the Public Sector in Corporate Social Responsibility. In: Farazmand, A. (eds) Global Encyclopedia of Public Administration, Public Policy, and Governance. Springer, Cham. https://doi.org/10.1007/978-3-319-31816-5_2397-1
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DOI: https://doi.org/10.1007/978-3-319-31816-5_2397-1
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