Entrepreneurial actions also involve the assumption of responsibility and the endeavour to ensure sustainability. The research field of Corporate Responsibility therefore permeates the two research focus areas of Public and Private Entrepreneurship and should lead to a responsible attitude. In a narrower sense, corporate responsibility stands for a business philosophy that places transparency, ethical conduct and respect for stakeholders at the heart of a company’s actions. The term ‘CR’ incorporates the topics of ‘corporate social responsibility (CSR)’, ‘corporate governance’ and ‘corporate citizenship’.
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