IntroductionCorporate social responsibility is an ideology that business has a social duty other than just seeking and making profit. Since the societys expectations from business (for example, safe and meaningful jobs, clean air and water, charitable donations, safeproducts) has increased a lot in recent times this concept has gained more acceptance in the business community. ue to its widespread popularity it has become a relati!ely new and growing concern for most organi"ations all around the globe. #specially in $angladesh, where there are lots of organi"ations which do not feel any kind of responsibility towards the society, this is a !ery important issue that should be encouraged more often. %nce these organi"ations start being more responsible towards our society and en!ironment a lot of todays societal problems would be tackled. &nderstanding the significance of this issue, ' ha!e profoundly studied the degree of social responsibility organi"ations in $angladesh ha!e.Since my research topic is (Social )esponsibility of $usiness %rgani"ations in $angladesh*, ' ha!e examined the !iews of business organi"ations in $angladesh regarding corporate social responsibility and particularly concentrated on the socially responsible organi"ations in $angladesh and what kind of benefits they yield by beingsocially responsible. 'n addition to this ' found out what ad!ice managers of socially responsible organi"ations ha!e for these businesses that are still a!oiding their responsibilities. +he purpose of my research was to con!ince organi"ations that being socially responsible they could actually help themsel!es. +hus my research could encourage those organi"ations who are still e!ading responsibility to play a part in societys wellbeing. ,' ha!e tried to gi!e the readers an approximate sketch of the status of business organi"ations regarding corporate social responsibility (CS)) in $angladesh, and in-depth analysis of the benefits that socially responsible organi"ations earn. ' hope my research will help readers understand the importance of this issue and con!ince them that by being socially responsible they can actually make our society a better place..Background'n the present age of globali"ation, citi"ens around the world ha!e become increasingly aware that the pri!ate sector influences their daily li!es in innumerable ways. 'n many cases, publicity about the societal impact of global business has been negati!e/ oil spills, sweatshop exploitation of labor, and encouragement of cash cropping in the de!eloping world. 0ll these negati!e impacts ha!e gi!en widespread popularity to the concept of 1Corporate Social )esponsibility. +he term 1corporate refers to body corporate i.e. an artificial person or a legal entity in the eye of law. 2a!ing a legal standing e!ery corporate body is allowed to carry on its legitimate business in a society. Since a corporate body enjoys certain pri!ileges during its continuance of business, social responsibility is expected from corporate entity towards employees, en!ironment and society as a whole.+his concept of Corporate Social )esponsibility (CS)) is not a new one e!en though it gained importance in recent times. +he idea was considered in the early part of the twentieth century, but it recei!ed enormous moti!ation with the ,345 book/ 1Social )esponsibilities of the $usinessman by 2oward ). $owen, who suggested that businesses should consider the social implications of their decisions. $owen ad!ocated that CS) was (industrys obligation to pursue those policies, to make thosedecisions, or to follow those lines of actions which are desirable in terms of objecti!esand !alues of society* (,3).+hus, CS) is considered as seriously considering the impact of the companys actions on society. %!er the past decade, CS) has become an e!er more per!asi!e term in the business parlance. 6hile it apparently has been adopted by major organi"ations throughout the world, the fact is that we ha!e little clarity as to what is meant by the term. +here is noagreement on the definition of CS). +here are no national or global standards for 5CS), there are different standards as to what CS) is designed to do, and therefore the term has a muddled meaning. %rgani"ations may exercise social responsibility toward their stakeholders, toward thenatural en!ironment, and toward the general society welfare. Some organi"ations acknowledge their responsibilities in all three areas while others emphasi"e one or two areas of social responsibility only. 2owe!er, there are many who acknowledge nosocial responsibility at all. 7eople who argue in fa!or of CS) claim that since organi"ations create many of the problems that need to be addressed, such as air and water pollution and resource depletion, they should play a major role in sol!ing them. +hey also argue that becauseorgani"ations are largely defined entities with most of the same pri!ileges as pri!ate citi"ens, businesses should not try to a!oid their obligations as citi"ens. 8oreo!er, they point out that while the go!ernmental organi"ations ha!e stretched their budgets to the limit, many large businesses often ha!e surplus re!enues that could potentially be used to help sol!e social problems. %n the other hand, some people argue that widening the interpretation of CS) may undermine the economy by detracting from the basic mission of business/ to make profit for the owners. 0nother objection to deepening CS) of businesses points out that organi"ations already ha!e too much power and that their acti!ity in social programs gi!es them e!en more power. 0nother argument focuses on the potential forconflict of interest. 9inally, critics argue that organi"ations lack the knowledge to understand how to assess and make decisions about worthy social problems. :e!ertheless, the arguments in fa!or of CS) outweigh the arguments against and it is an established point that CS) does more good than harm. 't is easier to name the many types of programs and acti!ities under the banner of CS) than it is to draw ;uantifiable conclusions about them. Since CS) encompasses CS) acti!ities and their financial performance. +he go!ernment can also take initiati!e to shape CS) practices through both direct and indirect channels. irect influence is most fre;uently manifested through regulation, where as indirect influence can take a number of forms, most notably taxation policies, where socially responsible organi"ations enjoy the benefits of paying lower taxes. 'n $angladesh it has been an encouraging sign that corporate cultures as well as adoption of CS) policies are impro!ing day by day. 0lthough many people including entrepreneurs of local organi"ations are not properly aware of this concept, the concept is getting recognition by multi national companies, joint !enture organi"ations and e!en few local organi"ations. %rgani"ations like Standard Chartered$ank and $ritish 0merican +obacco ($0+) are the pioneers in establishing practices of CS) in $angladesh. $esides CS) policies of utch $angla $ank, haka $ank, ?rameen 7hone, and Singer $angladesh @td. ha!e created an image that can influenceother corporate entities to adopt CS) polices of their own. Such CS) policies can play a significant role to boast up the economy of our country. +he demands for CS) placed on contemporary organi"ations by an increasingly sophisticated and educated public are probably stronger than e!er. %rgani"ations that 4are still e!ading such policies need to work out their strategic plans for implementing CS) policies. %nly when these organi"ations become more responsible the process ofenhancing the competiti!eness of $angladeshi organi"ations in the global market is possible. AResearch Areas' ha!e acutely in!estigated the following ;uestions which ' identified to be rele!ant tomy topic/ ,. 6hat is the general !iew of business organi"ations in $angladesh regarding social responsibility= .. 6hat are the effects of organi"ations that a!oid social responsibility on society= 5. 6hich organi"ations in $angladesh are established as socially responsible organi"ations and why=