Corporate Social Responsibility: A Conceptual Analysis

Abstract

The purpose of this article is to explain and create enlightenment on corporate social responsibility and creating shared value concepts. This article explains the definitions of corporate social responsibility, discusses the importance of corporate social responsibility, explains what can be done for firms to be seen as practicing their corporate social responsibility, gives examples of issues pertaining to corporate social responsibility, articulates the concept of creating shared value and culminates with conclusions on this area.