CSR stands for “Corporate Social Responsibility”, corporates feel they have a responsibility towards the society at large; hence they integrate social and environmental concerns in their business operations and interactions with their stakeholders. A stakeholder is a party that has an interest in a company and can either influence or be influenced by the business it is associated with. The primary stakeholders in a typical corporation are its investors, employees, customers and suppliers. Some of the benefits of CSR to companies may include: