No longer the domain of big companies where it was equated with philanthropy, corporate social responsibility (CSR) is now part of the triple bottom-line. Businesses, big and small, must take into account the interests of `stakeholders’, not just `shareholders’. Singapore Management University law professor Eugene Tan is author of a working paper on the state of CSR in Singapore. According to Tan, the state has taken on the role of promoter and practitioner of CSR, a logical development in view of the dominant role of the government in the local economy.
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Moulding the Corporate Social Responsibility Agenda in Singapore. (2008). Knowledge@SMU.
Available at: http://ink.library.smu.edu.sg/ksmu/15