Social Responsibility Business as a Modern form of Business Ethics

Abstract

Corporate social responsibility (CSR) only recently found its foothold in the businesses, therefore there is not a single definition that would describe what the business social responsibility really is. That is why the authors choose to illustrate the numerous definitions of this notion that are present in subject literature. In the light of the growing importance of corporate social responsibility many organizations and institutions, both on national and international level, took measures to promote this idea. Further section of the paper is devoted to those initiatives. In summary: the authors discuss the topic of CSR development in Poland. The origin of this idea in our country dates back to 2001, to the Global Compact initiative. Ever since then there are actions aiming at developing this idea, both on governmental and NGO levels, as we have since witnessed the creation of NGOs promoting the CSR idea in our country. What is also worth stressing is the presence of one of world's few RESPECT stock exchange indexes, which indicate corporate involvement in CSR. The paper aims to explain business social responsibility. The study uses the descriptive methods. It consists of isolating and describing the respective approaches to business social responsibility.