Implicit CSR relates to which of the following?

Implicit CSR, or Corporate Social Responsibility, focuses on the expectations society has for corporations beyond mere legal obligations or shareholder profit maximization. It embodies the understanding that businesses have a broader role in fulfilling societal interests, which includes addressing social, economic, and environmental challenges. This perspective emphasizes that companies should contribute positively to the communities in which they operate and align their operations with the values and needs of society at large.

The concept recognizes that businesses exist within a societal context, and their responsibilities often extend beyond contractual obligations to shareholders or policies defined within the company. Engaging in practices that benefit society can also enhance a company's reputation and create a more sustainable business environment. Therefore, option B correctly captures the essence of implicit CSR as it highlights the importance of a corporation's role in meeting societal expectations and interests.