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Corporate Social Responsibility:

Frederick's CSR Series:
The understanding of the people with regard to CSR has been developed time by time in respect of its nature, ideology and practices in businesses. Frederick (1986, 1994) described the CSR as the practice of the company for the betterment of the society and he described it as 'the capacity of a corporation to respond to social pressure'. This Philosophical approach to CSR is called (CSR1). If the Corporations respond to the pressure from society with more managed way and handle the pressure carefully then it is called (CSR2). Frederick proposed in 1986 that if we add ethical anchor in business studies and 'society to permit a systematic critique of business's impact upon human consciousness, human community and human continuity' this new term is called (CSR3).

Respondent Company's key driving motivations:

The main factor for any company to come in CSR is the culture of the industry in which that company operates. The pressure groups in that industry force to apply CSR in that company and they are operating the tradition which is coming from the past. If that company don't reveal its CSR report then that company has to face the harsh criticism which can affect the reputation of the company. Following are the reasons by which any company is bound to issue CSR report:

To report stakeholders:

Most of the Respondent companies noted that the main reason behind issuing CSR reports is just because of interest of the stakeholders. Stakeholders demand a report to ensure that whether company is doing something good for the betterment of the society or not. So for this company has to make a formal and managed report to show to stakeholders about the social activities of the company. All the stakeholders like Government, customers, employees, community, media, shareholders and general public believes this method as a reasonable and non-conflicted method to aware the stakeholders.

To show the precise picture of the company:

Some Companies around 10 % decided to issue CSR report just because of the threat that Some NGO's argue that these companies are not fulfilling their duties regarding environmental issues and not giving the rights to their employees so they have to issue the precise picture of the company about its activities towards them.

To meet the requirement of the industry:

About 55 % of the companies noted that the main reason to issue CSR report is to meet the requirement of the industry or to live in the industry because every company in that industry is already practicing this and they have no option rather than this. If they don't respond to this practice then they would be out of that industry.

To get positive Public response:

The motivation to issue CSR Report for around 2 % of the companies is to get positive public feedback. These companies want to hear 'you are doing well' from the public and have concern about their reputation in the market. And one of the companies stated that as 'it is good for business'. Department of Trade and Industry (DTI) UK also encourage those companies which are practicing CSR in their business.

To satisfy the Investors:

Two of the companies stated that to get investment and to attract investors, they have to publish CSR report. They also stated that