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March 2014 » Improving Stakeholder Value through...
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Linda Hughen, PhD, CPA, and Ayalew Lulseged, PhD, and David R. Upton, PhD, CA
Corporate social responsibility (CSR) is a term used to describe an organization's awareness of its operations' impact on economic, social, environmental, and governance concerns, as well as the steps it takes to communicate and address those concerns. CSR activities focus on a company's long-term value by enhancing strategic operations and improving its reputation and risk management. CSR typically results in a concerted effort to improve the community and workplace, as well as to decrease the organization's consumption of natural resources.
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