Corporate Social Responsibility

The power and influence of companies in relation to government power, as well as public concerns about the responsible use of corporate power, continue to increase pressures on companies to satisfy not only legal obligations, but also evolving societal expectations about what it means to be a responsible corporate citizen. To respond effectively to these pressures while satisfying the interests of shareholders, consumers, creditors, suppliers and employees, many US companies have increased their level of attention to corporate social responsibility (CSR) issues in analyzing the risks that they face relating to existing and future operations and strategies.