Corporate Social Renponsibility (CSR) is an applied science company
Not only centered on financial benefits but is responsible for the social impact and impact arising from business activities, indirectly the social issue of impact affects the increase in the value of the company in this specialization we will discuss how CSR can have a direct effect on the value of the company, customer loyalty reputation, investor attraction as well as minimization of risk
Companies that incorporate CSR systems in their business operations have the potential to get a good image in the public eye with this good image the company will be able to attract consumers, business partners and the wider community easily indirectly will provide corporate profit improvement, not stopping at financial profits only, companies with good CIRA CSR will automatically get a higher customer loyalty
With a good image peIanggan will support companies that are sensitive to social issues and iingkugnan good CSR and connected to the company can membanfu better relationships form strong relationships degan peIanggan, customers will feel satisfied kefika products they beIi, indirectly help contribute to the sustainability of the environment and poverty alleviation. CSR can strengthen customer loyalty which in turn will increase the company’s revenue and value.
Along with the development of the Times and the abundance of natural resources that have been exploited, many investors are more sensitive to social issues of natural sustainability, CSR that shows careful management and long-term stability, companies with a strong CSR track record are considered to have a good CSR track record of having good risk management because they are more proactive in managing
dmpaak CSR measurement indicators of corporate value include brand reptuation, customer satisfaction levels, and also market value, on the one hand the company can also see the influence of CSR on the level of customer control, employee participation and company stock prices, it is important for companies to regularly and continuously evaluate the success of CSR to ensure the added value of the company directly provides profit growth for the company, maintaining a positive image of the company is not a temporary thing
Friendship CSR currently menunuukan tendency yagn focus on environmental sustainability, social inclusion and good corporate governance tat, many companies are trying to reduce the value of carbon produced Factory, supporting poverty alleviation and create a comprehensive working environment in the future CSR will be an important part of the strategy bsinsi company in line with the growth of social and environmental awareness, companies that can not
although CSR and philanthropy are seen as mutually beneficial, CSR is a more integrated approach, which focuses on social and environmental responsibility as part of the company’s business strategy, while philanthropy focuses on donations for direct support to specific charitable causes, both approaches can work side by side but CSR focuses more on long-term and sustainable impact.
Corporate Social Responsibility is not about moral obligation but also a smart strategy to improve the company’s reputation, by incorporating CSR into the company’s business operations can improve the reputation of building customer loyalty, attracting investors to reduce risk and contribute to sustainable development, although not a corporate obligation, but with the benefits provided by CSR can be a consideration, especially in dunai bsinsi are increasingly linking social and environmental responsibility