The paper "Corporate Social Responsibility Practices of Nestle Food Corporation" is a worthy example of a case study on management. Corporate Social Responsibility is, in the broadest sense, an umbrella concept meant to convey a business’ s role in society (Werther and Chandler, 2011). The early concept of CSR, also commonly referred to as corporate citizenship or sustainability, grew from the seminal 1987 Brundtland Report, commissioned by the United Nations, which first described sustainability in environmental terms as “ meeting the needs of the present without compromising the ability of future generations to meet their own needs” (cited in Werbach, 2009, p.
8). Soon after, Carroll (1991) developed the seminal definition of CSR (as shown in figure 1): “ The total corporate social responsibility of business entails the simultaneous fulfillment of the firm’ s economic, legal, ethical, and philanthropic responsibilities” (p. 43). Thereafter, the notion of corporate citizenship grew out of Carroll’ s study of CSR and was adopted as the preferred terminology by the World Economic Forum’ s (WEF) 2002 joint statement with 34 of the world’ s global corporate CEOs. Hence, CSR as a broad-based movement has largely advocated corporate values around sustainability, transparency, ethical behavior, and human rights (Strugatch, 2011; World Business Council for Sustainable Development, cited in Hoebink, 2008). CSR has also become synonymous with social capitalism, social responsiveness, sustainable development, sustainable business, ethical business, business responsibility, environmentally responsible business, global business citizenship, community engagement, corporate stewardship, strategic philanthropy, socially responsible business, resilient business, green business, conscious capitalism, stakeholder capitalism, natural capitalism, creative capitalism, conscientious capitalism, new capitalism, collaborative consumption for sustainable brands, purpose branding, meaningful brands, and brands with belief (Carroll and Buchholtz, 2012; Googins, Mirvis, & Rochlin 2007; Mainwaring, 2011; McElhaney, 2008), and the latest term “ capitalism with a conscience” (Horovitz, 2013).
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