Corporate citizenship is the term used to describe the contribution a business or organization makes to the local community or society as a whole. These contributions include not only the company’s core business activities, but also its investments in the local community. An organization’s long-term success depends on having favorable corporate citizenship. For this to happen, the company must successfully engage with its employees, shareholders, business partners, customers, the government, and the rest of the community. These relationships are vital for a business that wants to have successful financing and social standings within the community. Corporate citizenship is often referred to as corporate social responsibility or corporate governance.
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