ROLE OF CORPORATE BUSINESS RESPONSIBILITIES IN BUSINESS

Abstract: Impact on society, the environment, and the economy are all aspects of "corporate responsibility," or CR. The success of a corporation is tied to its capacity to implement a successful corporate responsibility (CR) programme that yields positive results for both the firm and the community at large. This piece offers a definition of CSR and illustrates how HR can help make it a reality in the business sector. Corporate responsibility can be influenced by a number of elements and approaches, including legal and voluntary initiatives, cooperation with external organizations, and social and environmental reporting. Both advocates and critics of corporate responsibility have been accounted for in this document. At the article's conclusion, specific recommendations for business owners and human resources professionals are given for developing a corporate responsibility strategy