Introduction to CSR
The social role of companies and institutions gains increasing importance through social programs that were seen as a normal and expected matter in light of the not-for-profit nature of the economic institutions run by governments, although they often realize huge revenues and profits.
With the transformation of these institutions to private ownership and as they have been re-organized and managed on this basis, it was expected that their social role will cease, but the practical application of the privatization experiences showed that the social role and moral obligation of businesses are also an investment that generates increasing profit and production and reduces conflicts and differences between the management, the labor and the communities with which they deal, and also increases the affiliation of workers and beneficiaries to such companies.
Privatization experiences also showed that many of the leaders and owners of companies are interested in community involvement and they look at the economic process as a social, national and humanitarian activity targeting, inter alia, the development and participation in public work, and not only processes isolated from the objectives and aspirations of communities and countries.
It is clearly observed that there are many commitments, projects and principles that most companies and institutions have begun to implement or on basis of which they can operate without, of course, giving up their goals of profitability. This is also what all their employees and stakeholders want because their loss will hurt the communities, workers and the national economy.
The CSR is not limited to donations for development and charity projects and programs. There are other areas for work and other principles that must be observed by corporate, which will greatly benefit both the communities and nations and save them environmental, economic and social disasters and crises, the costs and consequences of which will be much greater than the costs of observing these responsibilities.
The aspects and areas of CSR include the organization and management of business in accordance with ethical principles and rules, participation with the poor and the middle classes (on profit basis), protection and development of the environment, protection and development of basic resources such as water, forests, wildlife, soil, fighting against and avoiding corruption, and honoring human rights, as well as the rights of labor and workmen, and assist them achieve economic and social benefits such as savings, insurance care for them and their families, and profit sharing.