: SAGE: strategic corporate social responsibility

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strategic corporate social responsibility

Strategic corporate social responsibility is the attempt by companies to link those largely discretionary activities explicitly intended to improve some aspect of society or the natural environment with their strategies and core business activities. While corporate social responsibility has historically referred to a firm's economic, legal, ethical, and discretionary responsibilities to society, strategic corporate social responsibility, in general, represents discretionary activities that form a company's community relations function or foundation, including corporate philanthropy, volunteerism, and multisector collaborations. [Source: Encyclopedia of Business Ethics and Society; Strategic Corporate Social Responsibility]

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