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Master\'s Degree ThesisCorporate Social Responsibility and Sustainability Strategies of Multinational Companies Identifying Gaps between Academic Literature and Practical Implementation Stefanie Hoffmann
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Research and understand the key elements of corporate social responsibility.
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What is corporate social responsibility in?
Corporate social responsibility (CSR) refers to the practices and policies undertaken by corporations to have a positive influence on the world. It encompasses various areas including social, environmental, and ethical considerations in conducting business.
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Typically, companies that meet specific criteria such as size, revenue, and industry classification as determined by regulatory authorities are required to file for corporate social responsibility.
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To fill out corporate social responsibility forms, companies should gather relevant data on their CSR activities, ensure compliance with reporting requirements, and follow the guidelines provided by regulatory bodies before submitting the documentation.
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The purpose of corporate social responsibility is to promote sustainable business practices that benefit society, the environment, and the economy while also improving a company's reputation and stakeholder relationships.
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Companies must report information such as their CSR policies, sustainability initiatives, social impacts, community engagement efforts, and any environmental practices undertaken.
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