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  • Explicit and Implicit CSR Activities

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    Gourab Ray
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    Explicit CSR activities refer to voluntary corporate policies and strategies that address social responsibility issues. They are self-interest driven and aim to benefit stakeholders. Implicit CSR activities refer to the agreed social responsibilities of corporations. They consist of values and norms that create obligations to address societal issues. Explicit CSR is motivated by stakeholder interests while implicit CSR is motivated by societal expectations. Examples of explicit CSR include disaster relief efforts, while implicit CSR examples include sustainability initiatives and providing clean drinking water.

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    CSR

    Original Title

    Explicit

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    Explicit CSR activities refer to voluntary corporate policies and strategies that address social responsibility issues. They are self-interest driven and aim to benefit stakeholders. Implicit CSR activities refer to the agreed social responsibilities of corporations. They consist of values and norms that create obligations to address societal issues. Explicit CSR is motivated by stakeholder interests while implicit CSR is motivated by societal expectations. Examples of explicit CSR include disaster relief efforts, while implicit CSR examples include sustainability initiatives and providing clean drinking water.

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    7 views4 pages

    Explicit and Implicit CSR Activities

    Uploaded by

    Gourab Ray
    Explicit CSR activities refer to voluntary corporate policies and strategies that address social responsibility issues. They are self-interest driven and aim to benefit stakeholders. Implicit CSR activities refer to the agreed social responsibilities of corporations. They consist of values and norms that create obligations to address societal issues. Explicit CSR is motivated by stakeholder interests while implicit CSR is motivated by societal expectations. Examples of explicit CSR include disaster relief efforts, while implicit CSR examples include sustainability initiatives and providing clean drinking water.

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    © All Rights Reserved
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    Explicit and Implicit CSR activities

    Group-8

    Conceptual Definitions:
    Explicit CSR activities: Refers to the corporate policies to
    assume responsibility for the interests of the society. Explicit
    CSR would ideally consist of voluntary, self-interest, driven
    policies, strategies by corporations addressing issues related
    to their social responsibility by the company and their
    stakeholders.

    Implicit CSR activities: Refers to the agreed and accepted


    share of responsibilities that a corporation commits itself to
    for the societys interests and concerns. It consists of values,
    norms, rules which result in addressing issues of the
    stakeholders that form an obligation upon corporates.

    Core conceptual differences:

    Explicit CSR Activities

    Implicit CSR Activities

    1. Describes corporate activities


    that assume responsibility for the
    interests of society

    1. Describes corporations role in


    formal and informal institutions for
    societys concerns and interests.

    2. Consists of voluntary corporate


    policies, strategies and programs

    2. Consists of values, norms that


    result in the corporations
    requirements.

    3. Incentives and opportunities are


    motivated by the interests of the
    stake holders of the organization

    3. Motivated by societal consensus


    on the legitimate issues and
    expectations of all major groups in
    society.

    Real-life examples of CSR activites:


    Explicit CSR:
    Wal-Mart and, FedEx coming together for disaster relief
    during Hurricane Katrina in 2005.
    Reliance Foundations activities for urban renewal, culture
    and women empowerment.

    Implicit CSR:

    Samsung and Nokia incorporating re-use of used cell


    phones and mobiles to contribute to a sustainable
    ecosystem
    Hindustan Unilever through its PureIt gave people the
    source to a cheap source of clean drinking water.

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