CSR Corporate Social Responsibility is gradually becoming more recognized in Nepal as businesses acknowledge their role in improving society and protecting the environment. Companies focus on areas such as education, healthcare, community development, and disaster relief. Larger companies are more active in these efforts, while smaller businesses often face resource limitations. However, inconsistency in Corporate … Read more
Corporate governance is about how companies are run and managed. It provides rules and processes to ensure companies act responsibly, fairly, and transparently towards everyone involved, including shareholders, employees, customers, and the community. Good governance builds trust and ensures businesses make ethical and sustainable decisions. What is Corporate Governance? Corporate governance creates a structure for … Read more
Business and society are closely connected, and understanding this relationship is crucial for both companies and communities. At its core, business refers to any organization or entity that provides goods or services to meet the needs of people. Society is the community of individuals who live together in a shared environment, where norms, values, and … Read more
Introduction to Stakeholder Every organization has groups or individuals that are impacted by or have an influence on its actions. These are known as stakeholders. Stakeholders are key to a company’s success because their interests, actions, and decisions can directly affect the business. Managing these relationships is essential for companies aiming to be ethical, responsible, … Read more
Concept of corporate social responsibility (CSR) When businesses take steps to benefit society and the environment beyond just turning a profit, this is known as corporate social responsibility, or CSR. It indicates that companies behave ethically by being truthful with consumers, lowering pollution, helping out local communities, and treating staff well. Using eco-friendly materials, making … Read more
In today’s world, businesses are expected to do more than just make profits. There’s a growing expectation that companies should contribute positively to society. Two important ideas have emerged from this: corporate citizenship and corporate social performance (CSP). These terms are closely related but have different meanings. Let’s break them down in simple terms. Corporate … Read more