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.
Authors
- Qianling Tao
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
- 0.00