Partnerships for CSR
Synonyms
Definition
Partnerships between businesses (BUS) and nonprofit organizations (NPOs) are an increasingly prominent element of CSR (corporate social responsibility) implementation. CSR-oriented partnerships between BUS and NPO are one of the different types that represent what is referred to as “social partnerships” or as recently named “cross-sector partnerships that address social issues” (CSSPs). Such cross-sector partnerships have been one of the most exciting and challenging ways that organizations have been implementing CSR in recent years.
According to Waddock (1989), social partnerships are a commitment by a corporation or a group of corporations to work with an organization from a different economic sector (public or nonprofit). They involve a commitment of resources, time, and effort – that is more than...
References and Readings
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