Corporate Social Responsibility: from Voluntary Concept to Mandatory Reporting

Abstract

The presentation first analysed the essence of the concept of corporate social responsibility ("CSR") and its understanding, historical development, and possible definitions. It summarised how the concept was gradually institutionalised by various non-governmental organisations and later institutionally regulated by the European Union.

The purpose of the presentation was to answer the question as to whether mandatory reporting increases the quality of CSR or rather distorts the concept of CSR.

Keywords

• Corporate
• Social
• Responsibility
• Voluntary
• Concept
• Mandatory
• Reporting