Corporate social responsibility (CSR) also called corporate responsibility, corporate citizenship, responsible business and corporate social

opportunity is a concept whereby organizations consider the interests of society by taking responsibility for the impact of their activities on customers, suppliers, employees, shareholders, communities and other stakeholders, as well as the environment. This obligation is seen to extend beyond the statutory obligation to comply with legislation and sees organizations voluntarily taking further steps to improve the quality of life for employees and their families as well as for the local community and society at large.

CSR is a process with the aim to embrace responsibility for the company's actions and encourage a positive impact through its activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere who may also be considered as stakeholders. The term "corporate social responsibility" came into common use in the late 1960s and early 1970s after many multinational corporations formed the term stakeholder, meaning those on whom an organization's activities have an impact
CSR-An Overview The ideas of CSR can be discerned from the three words contained within its title phrase: Corporate' ,'Social' and 'Responsibility. Therefore in a broader senses CSR covers the responsibilities corporations have towards society within which they are based and operate, not denying the fact that the purview of CSR goes much beyond this. Over the past decades a growing number of companies have recognized the business benefits of CSR policies and practices. Their experiences have been bolstered by a growing body of empirical studies which demonstrate that CSR has a positive impact on business Economic performance and it is not harmful to shareholder value. Companies have also been encouraged to adopt and/or expand CSR efforts as a result of pressures from Customers, suppliers, Employees, Communities, investors, activist, organization, and other stakeholders.

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