According to Bowen in D.N divvied, (2008) ,social responsibility “refers to the obligation of business men to pursue those polices, to make those decisions or to follow those lines of action which are desirable in terms of the objectives and value of our society” Davies and Blonstrom, (1975) defined social responsibility as the obligation of the decision maker to take action which protect and improve the welfare of society as a whole along with their own interest.
Dwivedi, (2008) held’s that social responsibility are for different section of the society which businessmen have to justify in their differentiated ways. When he said “therefore, social responsibility of businessmen have to be different for different section of the society. The sections of the society here are:
In the words of Ama and Okafor, (2002). Social l responsibility they say “it is a blend of long run profit – making and altruism a search for monetary reward tempered by a social conscience and a sincere consideration for the environment in which the search is conducted” they finally concluded that it build up unadulterated co-existence between companies and host communities.
Social responsibility of private company sings the chorus of what the company should do for the society as a whole without instructing them to do so. That means that the business own the society the obligation of assisting in the promoting, and improving normalcy in the society and the societal welfare. It refers to those , extra services agreed by the decision maker of a company to be rendered for that segment of communities which they operates for the societal welfare and of company.
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