EUROPEAN AND SPANISH INITIATIVES WITHIN CORPORATE SOCIAL RESPONSIBILITY PROGRESS: RELATIONSHIP WITH THE EDUCATION SECTOR
EAE Business School (SPAIN)
About this paper:
Conference name: 13th International Conference on Education and New Learning Technologies
Dates: 5-6 July, 2021
Location: Online Conference
Abstract:For many years, there has been a part of the academic literature that has understood that those responsible for the management of a company have to dedicate themselves and focus exclusively on generating profits for shareholders and investors. Faced with this position of a free market, there is another diametrically opposite point of view that establishes that the social responsibility that companies develop is fundamental to achieving sustained growth over time because it allows commercial activities within an economic framework and social equality.
This article presents a brief analysis of the evolution of Corporate Social Responsibility (CSR) in the last half century as well as how CSR has been developed and conceptually interpreted throughout this time. Likewise, different initiatives and regulatory frameworks that emerged at different levels - national, European and international - are also addressed, and the relevance and impact that actions and policies can have when they are carried out voluntarily and within a framework of good business practices are developed.
In this sense, managing the relationship with stakeholders, both internal and external, is a fundamental element of developing a CSR strategy in any company. Thus, the proper identification of the expectations and demands of stakeholders, together with the integration of these in the company strategy, can become a powerful tool to achieve a socially responsible position. This study also considers the influence that social responsibility can have within the education sector and its impact on society,
Keywords: Corporate social responsibility, progress, education, company.