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(Person) Percentage - Sabanci University Research Database

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The Asian Media & Mass Communication Conference 2010 Osaka, Japan<br />

Figure 2: Pyramid of CRS by Caroll (1979)<br />

World Business Council for Sustainable Development (2008) puts forth CSR as “the<br />

continuing commitment by business to contribute to economic development while improving the<br />

quality of life of the workforce and their families as well as of the community and society at<br />

large”.<br />

Kell (2009) of United Nations Global Compact (UNGC) termed CSR as sustainability<br />

and corporate citizenship. His view about CSR “is the voluntary commitment on behalf of CEOs<br />

to implement universal principles and to take actions in support of broader societal goals. The<br />

constantly changing macroeconomic environment dictates different priority for voluntary<br />

engagement. Ten years ago the central issues were sweatshops and supply chains. Today, the<br />

focus is shifting towards environmental sustainability and climate change”.<br />

Importance of CSR<br />

The definition of CSR has reflected its significance and role in a different view point from time<br />

to time. Based on a Managerial Law (2006), there are few points about the importance of CSR<br />

toned as “it has political significance for government of power and developing countries.<br />

Corporate conduct which is informed by CSR can, for example, contribute to the integration of<br />

foreign workers to general education and training, employees’ retirement condition and health<br />

benefits”. Of all the importance of CSR, it is indeed not required by law. Compliments towards<br />

global improvement in social conscience of corporations shall fall on “a proliferation of media<br />

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