Corporate Social Responsibility: the Challenges and Constraints

Ryszard Piasecki; Janusz Gudowski

doi:10.1515/cer-2017-0032

Authors

Ryszard Piasecki University of Lodz, Faculty of Economics and Sociology, Department of Development Economics
Janusz Gudowski University of Economics and Innovations in Lublin

DOI:

https://doi.org/10.1515/cer-2017-0032

Keywords:

CSR, notion and understanding, local and international scale of acting, small sector, corporation

Abstract

This article discusses the chances and vulnerabilities of corporate social responsibility (CSR) on two main levels: the small and medium sector at a local level; and big corporations at the macro and international levels. The modern understanding of the definition of CSR is also analyzed. This concept in the management sciences is often misunderstood because it is usually seen as one means in the struggle to achieve a better competitive position. On the other hand, for the development sciences CSR is an effective instrument of income redistribution and as an addition to state support for the underprivileged social groups.

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