Corporate Citizenship vs Corporate Social Responsibility: Understanding the Key Differences

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Explore the differences between Corporate Citizenship and Corporate Social Responsibility (CSR), their impact on society, and how companies can be good corporate citizens. Learn about the importance of ethical standards, community contributions, and maintaining profitability for stakeholders.

  • Corporate Citizenship
  • CSR
  • Business Ethics
  • Community Contributions
  • Stakeholder Engagement

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  1. Libyan International Medical University Faculty of Business Administration Gfgy The Difference Between CSR The Difference Between CSR and and Corporate Citizenship Corporate Citizenship BY: Salim Alshuhoomi ID:2708 EMAIL:salim_2708@limu.edu.ly 1

  2. C Contents ontents 1. Corporate social responsibility 2. What Is Corporate Citizenship 3. What is good corporate citizenship 4. Conclusion 5. References 2

  3. Corporate Corporate Social Responsibility Social Responsibility A business model in which companies make a concerted effort to operate in ways that enhance rather than degrade society and the environment. CSR helps both society and the brand image of companies. Corporate responsibility programs are a great way to raise morale in the workplace. 3

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  6. What Is Corporate Citizenship? What Is Corporate Citizenship? Often mentioned in tandem with CSR, corporate citizenship is used to describe a business or organization makes to the local community or society as a whole. It follows that a company which is strong on the CSR agenda with several initiatives on the go is also a good corporate citizen. the contribution 6

  7. What is Good Corporate Citizenship? What is Good Corporate Citizenship? A good corporate citizen means being guided by strong moral and ethical standards in daily interactions with customers employee. shareholders, 7

  8. C Conclusion onclusion Corporate citizenship refers to a company s responsibilities toward society. The goal is to produce higher standards of living and quality of life for the communities that surround them and still maintain profitability for stakeholders. 8

  9. R References eferences Editors of Encyclopedia Britannica. (2018). citizenship | TheDefinition, History, & Facts. In Encyclop dia Britannica. https://www.britannica.com/topic/citizenship Hayes, A. (2021, September 21). Corporate citizenship: What you should know. Investopedia. Retrieved October 27, 2021, from https://www.investopedia.com/terms/c/corporatecitizenship.asp. 9

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