CSR and corporate citizens
You'll learn about corporate social responsibility (CSR) and what it means for organisations to be responsible corporate citizens.
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In this lesson
- 0:00 CSR and corporate citizenship overview
- 0:35 Carroll's CSR pyramid explained
- 1:19 Legal and economic responsibilities
- 2:23 Ethical and philanthropic responsibilities
- 3:25 Corporate citizen concept and practice
About this lesson
This lesson explores Carroll's CSR model, a four-layer framework consisting of economic, legal, ethical, and philanthropic responsibilities that organisations can choose to adopt to different degrees. You'll understand how CSR differs from the concept of corporate citizenship, which emphasises that businesses should act as responsible members of society with obligations beyond profit—including legal compliance, ethical behaviour, environmental stewardship, and broader social responsibility. This knowledge is essential for understanding how modern organisations balance stakeholder interests and contribute positively to society, a key theme across CIMA and ACCA strategic and governance modules.
Duration: 5m
Transcript
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