Business nowadays is not just for maximizing the cooperation’s profit. It is obvious that people began to pin their hope on the entrepreneurs and wish them to contribute more for the whole society. As the blog cited explained, “CSR can have both internal and external benefits for your business. It can help you attract investors, new recruits and customers and retain quality employees all while enhancing the reputation of your business. It can also help to improve the work culture of your business and serve as an opportunity for employees to gain new skills and experiences.” CSR can improve the social and economic environment which the business mainly works on, therefore, the company itself can get a positive reaction which can actually enhance the shareholder’s revenue.
Although CSR is relatively a new idea which may lack of mature and systematic theory, there are still a lot of entrepreneurs trying their best to change the world. These social entrepreneurs, however, give us a totally new perspective to inspect the relationship between profit and charity. Creating a shared value with both society and business should be payed more attention in upcoming decades.
blog from: http://www.canadabusiness.ca/eng/blog/entry/4081/
picture from: https://www.google.ca/search?q=social+entrepreneurship&rlz=1C1CHWL_zh-CNCA609CA609&espv=2&biw=1366&bih=667&source=lnms&tbm=isch&sa=X&ei=8KtZVPrxKOzuigKS_ICQAg&ved=0CAYQ_AUoAQ