Corporate Social Responsibility Elective Course at Business School IUJ
Corporate Social Responsibility
While the area of Corporate Social Responsibility (CSR) was limited to corporate philanthropy or regulatory compliance in the past, it is now linked to intangible value of firms. For example, investors have begun to recognize that the tangible values of the firms stated in the financial statement are only the tip of the iceberg of the true corporate value. CSR is becoming the main component of the intangible value of firms that exist below the sea level. This course introduces concepts and practices of CSR. We will review different theoretical approaches in CSR to build our conception foundation on this subject. We will also use case studies through the course to understand how firms cope with different stakeholders surrounding them including customers, shareholders and employees as well as suppliers, financial institutions, governments and local communities. We attempt to understand both theories and practices of CSR in this course.