Which one of the following definitions of corporate social responsibility (CSR) is correct?
A) CSR deals with the managerial consideration of non-market forces or social aspects of corporate activity outside a market or regulatory framework and includes consideration of issues such as employee welfare, community programmes, charitable donations, and environmental protection.
B) CSR deals with the managerial consideration of market forces.
C) CSR deals with the managerial consideration of non-market forces or social aspects of corporate activity within a market or regulatory framework and includes consideration of issues such as employee welfare, community programmes, charitable donations, and environmental protection.
D) CSR deals with the managerial consideration of market forces or social aspects of corporate activity outside a market or regulatory framework and includes consideration of issues such as employee welfare, community programmes, charitable donations, and environmental protection.
Correct Answer:
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