Corporate Citizenship


Corporate Citizenship

A company's responsibility to its community and to the world as a whole. A company's corporate citizenship includes passive acts such as avoiding pollution or positive acts such as building a park near its factory. A company may engage in corporate citizenship for charitable or philanthropic reasons, but may also do so to protect its profits. That is, a company known for poor corporate citizenship is more likely to invite boycotts or to drive away potential customers. See also: Ethical investing.