Corporate social responsibility

Definition:

A form of corporate self-regulation where businesses monitor and ensure that their activities are aligned with the social, economic, and environmental expectations. CSR-focused businesses proactively promote the public interest and encourage community growth and development. CSR is the deliberate inclusion of public interest into corporate decision making. CSR is wide spread in Europe and has recently gained popularity in the U.S.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Liquid

In context of securities, easily traded or converted to cash. In context of a corporation, the state of having enough cash and cash equivalents to cover short-term obligations.

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