Corporation is a legal entity that has its own identity. It is separate it from its owner. It has limited or unlimited liability depending upon its nature. Framing a corporation is not a simple process it has to go through from various steps such as setting up the business plan, select the target market, market research, and search for company name, registration process, Tax certificate and many more. Corporation has its internal and external stakeholders which help it to earn profit and for its smooth business activities. Corporations run their business to generate their revenue. Customers who are the part of external stakeholders are the key source to generate revenue. Corporations run their business in a society and use the resources. It is required for companies to return back something to the society. Manufacturing goods and services are not only the business of a corporation bat if they want to run their business for long-run they have to work for the society. This is known as corporate social responsibility. Here companies discharge their duties towards society. CSR activities are having many benefits for organizations as well as it increase the brand value of the organization, increase the revenue, reduce the operating costs etc.

___________________________________________________________________________________

Keywords: Corporation, CSR, Society, Production, Activities.