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CSR teaches to behave in an honest and transparent manner no matter how harmful it is for the financial activities of the company.

Recent interest factors in csr activities
Studies have shown that CSR has been an important part of corporate sector with increase in stakeholder's interest, massive working of NGOs and strict regulatory authorities and their rigid rules. Most of the stock exchanges demand their listed company to file their financial positions transparently and to provide information on their CSR activities. Similarly stakeholders are more educated and are conscious about their company's social behavior hence demands for their company to be socially responsible. NGOs are also working for environmental and social benefits hence possess a keen interest in the corporate social responsibilities.

CSR practice and action plans
Corporate sector is considered a part of a society and it must be responsible towards it. Social-ills should be removed by the companies and self interest should be abandoned for the sake of society's interest. It should pay its taxes, follow the rules and regulations and should minimize its negative effects on society.

In this modern era, companies now understand their responsibility towards society and many corporate firms now issue their annual CSR reports which provide information on the company's performance on CSR activities throughout the year.

Research study
Research on the study that why companies issue CSR reports have shown that there are many reasons for this. Some of the companies now have their own CSR manager and they provide CSR guidance to the company. Many companies demonstrated different factors for issuing CSR reports which may include, to satisfy the stakeholders and to provide them information about the company's performance, to build a good relationship between the company and the members of society, to provide a more transparent picture of a company and to highlight the importance of CSR issues.

One of the largest American automobile manufacturer and distributor FORD has shown a brilliant performance by changing its ethical code of conduct, environmental control and its working pattern throwing a positive impact on its stakeholders.

As a global player, FORD had to deal with extreme pressure to avoid corruption and bribery and to maintain a perfect example of good governance. Increasing market contribution and world becoming a global village had placed FORD against the new challenges to gain a good environmental control and stakeholders trust. But with the increasing challenges FORD changed its policies and strategies in direction to the societal and business benefits that were best suited to its customers, employees, suppliers and other stakeholders. Setting one of the best examples of corporate administration, it developed a code of conduct for better governance avoiding unethical practices and improving the quality of work helpful in gaining the stakeholders' trust. Globalization posed a main threat to the transparent and trustworthy working pattern of FORD hence coaxed it in to opening new ways of setting policies and working methods that has now placed the FORD administration among one of the best corporate management teams. Due to its wide organizational network throughout the globe, FORD was expected to be more vulnerable to the unethical practices and poor environment