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What is CSR - Corporate Social Responsibility , why it is gaining importance in the recent past ?

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Question added by Mohammed Asim Nehal , M Asim Nehal & Co , Chartered Accountants
Date Posted: 2016/10/01
Ashraf E. Mahmoud (PhD)
by Ashraf E. Mahmoud (PhD) , University Lecturer, Freelancer Consultant and Trainer for Int'l Business & Banking TF. , FreeLancer

Thanks for invitation;

CSR: is usually defined as a process aiming to embrace responsibility for the organization's actions and encourage a positive impact through its activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere who may also be considered as stakeholders.

CSR, gains its importance, either in the past or recently, from its positive effect which is reflected on the communities' sustainability development. 

Omar Saad Ibrahem Alhamadani
by Omar Saad Ibrahem Alhamadani , Snr. HR & Finance Officer , Sarri Zawetta Company

Thanks

I gained importance due to responsibilty of companies against communities ans customers where these companies located in, in addition to that this function and action consider and representing companies in this communties. 

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