Transnational Comparison of Corporate Social Responsibility

Corporate Social Responsibility (CSR) encompasses the obligations that businesses have towards consumers, communities, and the environment, in addition to generating profits and meeting legal obligations to shareholders and employees. The appropriate use of it can improve the reputation of a company and the value of its brand, making it a perfect environment for thorough and precise research. This paper utilizes a literature review methodology to examine the substance of CSR policies implemented by multinational firms. The study uncovers worldwide patterns, trends, and exemplary instances of CSR practices, offering direction and insights for future research and advocating for improved CSR practices. Moreover, it facilitates individuals in comprehending the variations across nations and the impact of cultural factors, so boosting their understanding of how corporate social responsibility (CSR) ideas and actions are developed in diverse countries. Moreover, it facilitates the formulation of policies and regulations, so enhancing compliance with corporate social responsibility (CSR) and transparency, and fostering sustainable growth.

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Publication Details

Journal
Advances in Economics Management and Political Sciences
Published
2024-11-29
DOI
https://doi.org/10.54254/2754-1169/2024.17724
Primary Topic
Business and Economic Development
Type
article
Field-Weighted Citation Impact
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article

Transnational Comparison of Corporate Social Responsibility

Qianling Tao
Advances in Economics Management and Political Sciences
Business and Economic Development
article

Transnational Comparison of Corporate Social Responsibility

Qianling Tao
article en

Abstract

Corporate Social Responsibility (CSR) encompasses the obligations that businesses have towards consumers, communities, and the environment, in addition to generating profits and meeting legal obligations to shareholders and employees. The appropriate use of it can improve the reputation of a company and the value of its brand, making it a perfect environment for thorough and precise research. This paper utilizes a literature review methodology to examine the substance of CSR policies implemented by multinational firms. The study uncovers worldwide patterns, trends, and exemplary instances of CSR practices, offering direction and insights for future research and advocating for improved CSR practices. Moreover, it facilitates individuals in comprehending the variations across nations and the impact of cultural factors, so boosting their understanding of how corporate social responsibility (CSR) ideas and actions are developed in diverse countries. Moreover, it facilitates the formulation of policies and regulations, so enhancing compliance with corporate social responsibility (CSR) and transparency, and fostering sustainable growth.

Advances in Economics Management and Political SciencesVol. 122(1)
Openalex Percentile: Top 68%
Business and Economic Development
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