Corporate Social Responsibility: According to Harvard's Kennedy School of Corporate Responsibility Initiative, "...throughout the industrialized world and in many developing countries there has been a sharp escalation in the social roles corporations are expected to play. Companies ... are under growing pressure to be accountable not only to shareholders, but also to stakeholders such as employees, consumers, suppliers, local communities, policymakers, and society-at-large."
Business Ethics: Business ethics is the study of how a business should act in the face of ethical dilemmas and controversial situations. This can include a number of different situations, including how a business is governed, how stocks are traded, a business' role in social issues, and more. Source: The Street.com, https://www.thestreet.com/personal-finance/what-is-business-ethics-15026364, July 2022.
