The purpose of business is to make money. However, the profit motive is sometimes viewed as less than virtuous because it emphasizes self-interest. Nevertheless, self-interest is not the same as selfishness, which emphasizes one's own interests at others' expense. Self interest is simply a concern for financial reward and is arguably necessary if society is to be maximally productive and efficiently allocate its resources. Business is an inseparable and embedded part of the society. In addition to its economic role in society, business also has several other roles and responsibilities towards society viz. responsible conduct of business activities while pursuing economic gains; the social and environmental responsibilities of the business towards its stakeholders; and business’s contributions that would benefit the society at large. Companies around the globe are recognizing the importance of engaging in Corporate Social Responsibility (CSR) that is crucial to their survival and growth. It is evident that when an organization integrates appropriate CSR practices in its strategy that embed the societal and environmental concerns, these practices undoubtedly bring tangible benefits to the business along with a sustainable competitive advantage.

2. Sumitted By, Sumitted To
Md. Awal Hossen
Lecturer
Department of Business
Administration
Leading University, Sylhet
Mahmudul Karim Newaz 1201010205
Syed Ali Hasan 1201010248 Abdul Motin 1201010219
Abu Ahmed Shahib 1201010247 Sourav Roy 1101010291
Ehsan Ahmed Chowdhury 1201010230 Masum Hussain 1201010202

4. What Is
CSR??
CORPORATE SOCIAL RESPONSIBILITY IS THE CONTINUING
COMMITMENT BY BUSINESS TO BEHAVE ETHICALLY AND
CONTRIBUTE TO ECONOMIC DEVELOPMENT WHILE IMPROVING
THE QUALITY OF LIFE OF THE WORKFORCE AND THEIR FAMILIES
AS WELL AS OF THE LOCAL COMMUNITY AND SOCIETY AT LARGE
CORPORATE SOCIAL RESPONSIBILITY MAY ALSO BE
REFERRED TO AS "CORPORATE CITIZENSHIP" AND CAN INVOLVE
INCURRING SHORT-TERM COSTS THAT DO NOT PROVIDE AN
IMMEDIATE FINANCIAL BENEFIT TO THE COMPANY, BUT INSTEAD
PROMOTE POSITIVE SOCIAL AND ENVIRONMENTAL CHANGE.

5. Details About CSR ---
• OPEN AND TRANSPARENT BUSINESS PRACTICES THAT
ARE BASED ON ETHICAL VALUES
• NO PHILANTHROPIC ACTIVITY AND A BUSINESS MUST
EARN FOR WHAT IT INVESTS.
• THE CONTINUING COMMITMENT OF BUSINESS
TO BEHAVE ETHICALLY
• ALSO REFERS TO BUSINESS DECISION MAKING LINKED
TO ETHICAL
VALUES
• THE ROLE OF BUSINESS IN SUSTAINABLE DEVELOPMENT

7. Internal CSR Refers To Programmes That Focus
On The Core Business And On The Workforce
• Human Resources (HR) practices
• Health, Safety and Environmental ( HSE)
practices
• Codes of Conduct
• Fulfilling and Motivating Work Environment
• Employee Development Programmes
• Local Content Policies
• Assessing and Increasing the Social and
Environmental Impact of a Company
• Environmental Management Systems ( EMS)
• Product Responsibility

8. External CSR Refers To Programmes That
Focus On The Core Business And On The
Workforce
• Community development programmes
• Sponsorships corporate SOCIAL responsibility
• Donations
• Contributions to civil society organizations ( CCSO)
• Educational programmes at various levels
• Supply -chain management
• Cluster development
• Involvement in the development debate

9. Bangladesh Economy
• Capita income of just about $1,300 US/year
• Economy is growing rapidly, with a 5-6% annual
growth rate from 1996 to 2008 (BMZ, 2010).
• From 1990 Bangladesh commenced a
move towards a free market economy.
• A floating exchange rate mechanism was
introduced from 2003.
• Bangladesh is a member of the global economy
• Many of the companies carrying out CSR activities
such as BGMEA and BKMEA
• Bangladesh enterprise institute (BEI) and the CSR
center bangladesh

10. CSR In Bangladesh
• CSR concepts and practices in bangladesh
• CSR practices in bangladesh in its modern global
terms
• CSR entails working with stakeholders
• The implications of CSR for business activities
• CSR in bangladesh can also contribute a lot to
community development
• Lack of enforcement of industrial laws and regulations
• CSR practices and standards are being gradually
implemented in bangladesh

11. Component of CSR
• 1. THE ECONOMIC COMPONENT
• 2. THE LEGAL COMPONENT
• 3. THE ETHICAL COMPONENT
• 4. THE PHILANTHROPIC OR DISCRETIONARY COMPONENT

12. 1. Better business risk management.
2. Improved organizational image.
3. Enhanced Talent Management ability
4. Improved innovation, competitiveness and market
positioning
5. Enhanced operational efficiencies and cost savings.
6. Improved management of supply chain relationships.
7. Enhanced ability to manage change.
8. Building Corporate Social Capital in the community.
9. Access to capital.
10. Improved relations with regulators.
11. Acting as catalyst for responsible consumption.

13. • Benefits to the Community
and the General Public
• Environmental Benefits

14. Roles In Companies In Social Process
• Advancement and Qualification
• Youth Work in The Region
• Improved Reconciliation of Work And Family
Life
• Health Care
• The Energy Revolution And Shortage of Raw
Materials
• Diversity of Their Workforce
• To Prevent Corruption in Business Life

15. Limitation And
Constraints
• Lack of awareness about CSR
• The free market perspective as a limitation
• Predefined initiatives
• Lack of recognition of csr by the top
Administrators
• Lack of commitment from the personnel of an
organization

16. Recommandation :
• Public Disclosure
• Performance Management And Governance
• Stakeholder Engagement
• Corporate CSR Strategy
• Research And Information Sharing on CSR
• Capacity Building
• Worker's Rights Ensured
• Awareness Building Programme
• Create a CSR Policy

17. Coclusions
In view of the above it can be concluded that CSR is no longer
exclusively practiced in developed countries; companies in the developing
countries like bangladesh are showing interest and commitment to CSR as
well. Although most people appreciate the recent advancement of CSR,
some argue that corporations are still not doing enough or are only acting in
selfinterest.
Furthermore, stakeholder expectations, critical social issues,
norms, and values, and institutional and sociological requirements also
change over time.