Corporate Social Responsibility Movement Essay Example | Topics and Well Written Essays - 2000 words

Corporate Social Responsibility Movement - Essay Example It is evidently clear from the discussion that the history of CSR in the UK had been a smooth one before the hurdles began making this one of the most difficult processes to undertake in the country. The aim was to provide a link between the corporate and the society, something that would see the regulation of activities within the required platforms. This would also see the growth of regulation based on the impact of transnational corporations that were setting base in the UK at the time. When the late nineteenth century saw a growing number of corporations in the world, the debate regarding the link between the corporations and the society became a debate that was in the public domain. The aim was to introduce new policies that would see most of these huge corporations share their profits with the society, or initiate new projects that would create and enhance regulation within the society. In the 1920s and 19230s, the main CSR strategies in place were trustee management that sough t to maximize wealth creation and growth of the community. From the 1930s to the 1970s, the corporate period was in motion and the UK companies took social responsibilities as the government did. The late 1970s saw the companies take up specific issues to handle, while the 1980s saw an increased responsiveness to community affairs. The 1990s and early millennium saw an increase in the CSR concepts as they became the base-point of completing other points of growth for the society as a whole. During the early twentieth century, companies were always working on meeting their demands while creating and enhancing new platforms that would see them prosper. However, this would imply redirecting their profits to other social causes as a means of meeting the key demands of the society. The main aim was to proceed with a new mentality that would see corporations in the UK grow further while still having the main ideas of the society in place. One problem that arose during the initial stages o f creating a strong CSR program at the time was the lack of a decisive definition of the term.