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CORPORATE SOCIAL RESPONSIBILITY Definition
CORPORATE SOCIAL RESPONSIBILITY (CSR), also known as corporate social investment, corporate responsibility, corporate citizenship, responsible business, sustainable responsible business (SRB), or corporate social performance, is a form of corporate self-regulation integrated into a business model. Ideally, CSR policy would function as a built-in, self-regulating mechanism whereby business would monitor and ensure its adherence to law, ethical standards, and international norms.
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PERPETRATE is to carry out an action, e.g., a crime.
DEFICIT is a debit balance in the Retained Earnings account resulting from accumulated losses.