Definition
Corporate social responsibility (CSR) is the business practice of operating in ways that benefit society and the environment. Founders reach for it when a vague conversation needs a shared, specific meaning. Name it clearly, then let the next decision — a hire, a price, a test, or a pass — follow from that meaning.
In the room
How the word shows up in a real conversation.
A mentor asks, “What is your Corporate social responsibility (CSR)?” The useful answer is concrete: business practice of operating in ways that benefit society and the environment. A slide title is not an answer.
Common mistake
Using Corporate social responsibility (CSR) as a label instead of a fact. If you cannot point to the evidence — a number, a customer, or a written assumption — you are using the word as jargon.
See also
Corporate action
Event initiated by a company that affects its shareholders or securities.
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Corporate culture
Shared values, beliefs, and practices that define how a company operates.
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Corporate finance
Area of finance dealing with funding sources and capital structure decisions.
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Corporate governance
System of rules and processes for directing and controlling a company.
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