Definitions for "Corporate citizenship"
The responsibility a company actively assumes towards the community.
'Corporate Citizenship is the contribution a company makes to society through its core business activities, its social investment and philanthropy programs, and its engagement in public policy. The manner in which a company manages its economic, social and environmental relationships, and the way it engages with its stakeholders (such as shareholders, employees, customers, business partners, governments and communities), has an impact on the company's long-term success.' ( World Economic Forum) The term is also used interchangeably with other similar terms such as Corporate Governance and/or Corporate Social Responsibility.
the extent to which business lives up to its social responsibilities including economic, ethical, legal and philanthropic.
The interaction of corporations with their communities, something The Conference Board has been studying since 1916.