After having studied five different definitions from
1. The European Union or EU,
2. World Business Council for Sustainable Development or WBCSD,
3. Business for Social Responsibility or BSR,
4. Canadian Chamber of Commerce and CSR Asia (both in Hong Kong) and
5. the ISO 26000 – Committee (Draft Version ),
Pareena & Olsen proposes the conclusion about the nature of the CSR that,