The basis for corporate citizenship does not rely on the generosity of a firm's senior management or their awareness of their role as trustees of the public's interests.
Global corporate citizenship refers to putting an organization's commitment to social and environmental responsibility into practice locally.
Robert Civita, chairman and CEO of the Brazilian Abril Group, has defined global corporate citizenship as "socialism with a conscience."
According to The Economist, corporate citizenship is becoming increasingly important for the long-term health of companies.
Corporate citizenship primarily focuses on a firm's social activities.
Global corporate citizenship activities help companies create legitimacy, reputation, and competitive advantage.
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