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Corporate Social Responsibility: History And Development

Throughout history corporations have been able to generate an abundance of wealth for its stock holders. Since the inception of the first modern corporation the idea of giving back to society has been an issue. Corporate Social Responsibility began as a form of paternalistic philanthropy in the early 18th century and by the early 20th century has developed into necessary year round contributions. This paper traces CSR through the 18th, 19th, 20th, and 21st centuries, and also includes are major historical landmarks in the development of the corporation. It is virtually impossible to speak of the development of the modern CSR movement and not discuss the development of the corporation, because the development of the corporation was instrumental in the development of the modern CSR movement.
Early CSR consisted of paternalistic philanthropy. After the industrial revolution it manifested in the form of employers providing utopian communities, consisting of housing, libraries,......


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Approximate Word Count: 3370
Approximate Pages: 14 (250 words per double-spaced page)

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