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“The Theory of Moral Sentiments”
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Business philanthropy (e.g.construction of hospitals and bath houses, provision of food coupons and recreational facilities)
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Better working conditions concerning wages, hours and safety
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“Social Responsibilities of the Businessman”
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‘Narrow Approach’: Company’s responsibility is simply to make profit
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Businesses' basic purpose is to serve constructively societal needs
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Four-part definition of CSR (financial, legal, ethical and philanthropic responsibilities)- CSR Pyramid
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Stakeholder theory
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CSR initiatives included education, culture, health services, civic and community, and NGO partners
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The Triple Bottom Line
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Strategic Corporate Philanthropy
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Aligning the company’s CSR to its overall strategy
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Creating Shared Value (CSV)
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