Definition | CSR
“The total corporate social responsibility of business entails the simultaneous fulfilment of the firm’s economic, legal, ethical, and philanthropic responsibilities.”
Archie B. Carroll (1991)
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Source: Carroll, Archie B.: The Pyramid of Corporate Social Responsibility: Toward the Moral Management of Organizational Stakeholders, in: Business Horizons, Juli 1991, p.43
In this definition I miss the environmental component. Otherwise I find the description of the four levels of Carroll a good approach, but it can be interpreted very broadly.
I find this defintion quite accurate. It covers the main aspects in my opinion and is short & crisp.
A classical definition of an old school of thinking: social responsibility besides economic and legal responsibilities is reduced to philanthrophy, to charity, to may be giving away a small part of profits in case of excess, while the environmental component is tellingly lacking.
I think in this Definition you can notice a strong relation to the company. In particular social and
environmental aspects are not taken into account. These aspects are particularly relevant for the
reputation of a company.