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Introduction
An important issue facing today's managers is whether corporate sector has some responsibility to improve the society or only to improve their earnings. Until the last decade, particularly in developing countries a firm was generally viewed, as an economic institution to provide wanted goods and services for public consumption and a profit for the owners. Two significant developments changed all of this. The first came about as professional managers replaced title-holders in running big companies. Professional managers played more of a trustee role; they were responsible to the Board of Directors and interest of suppliers, customers, employees, and other claimants. The second development was the change in public attitude towards big businesses and their socially responsible actions.
Every firm in the world is a social organization. It does not prosper in a vacuum. In all its operations it is fundamentally influenced by its environment. The decisions made by corporate managers not only affect the community lives but may affect significantly both the national and international economic activity. Modern corporations, thus, are the principal producers of environmental impacts. In this situation, modern managers' has the inevitable responsibility to coordinate both their economic and social responsibilities in the company. The idea of social responsibility of business is based upon the concept that business is something more than a purely economic institution ([3] Bell, 1973). The businesses that very easily and eagerly call themselves socially responsible are already in the arena. Mainstream businesses will get there, too, but they are very, very cautious. Social responsibility is a relatively new concern of the business community. Like a child maturing through adolescence on the way to adulthood, the idea of corporate social responsibility is evolving ([6] Gaines, 1996).
In the words of [1] Bowen (1953), Social responsibility refers to the "obligations (of businessmen) to pursue those policies, to make those decisions or to follow those lines of action which are desirable in terms of the objectives and values of our society."
According to [7] Koontz and O'Donnell (1977), the definition of social responsibility is: "The personal obligation of the people as they act in their own interests to assure that the rights and legitimate interests of others are not infringed."
"Corporate social responsibility is a commitment to improve community...