session 9 - stakeholder engagement Flashcards

1
Q

what are the three levels pf CSR performance?

A
  1. instrumental level
  2. transactional level
  3. transformative level
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2
Q

what is the instrumental level of CSR?

A
  • corporations ability to adress customer’s demands
  • skills and competencies to deliver high quality products
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3
Q

what is the transactional level of CSR?

A
  • corporations integrity
  • corporations comply with legal and moral rules of the societal context
  • transparency and fairness
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4
Q

what is the transformational level of CSR?

A
  • CSR at the core of business strategies and operations
  • transcend self-interest and create value for society
  • drive a change in society and in this way contribute to its well being
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5
Q

what are four key aspects of mainstream CSR?

A
  • corporate philantropy
  • stakeholder collaboration
  • CSR reporting
  • self-regulation
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