Corporate Social Responsibility: A Strategic Pathway to Competitive Advantage in Multinational Companies
In the modern business landscape, Corporate Social Responsibility (CSR) has evolved from being a philanthropic endeavor to a strategic necessity for multinational companies (MNCs). CSR initiatives, when integrated into the core business strategy, offer multifaceted benefits such as enhanced brand reputation, customer loyalty, employee engagement, and long-term profitability. This article explores how CSR serves as a strategic tool for gaining competitive advantage, focusing on key practices and measurable outcomes in diverse industries
Authors
- Megha Thankachan -
Institutions
- Desh Bhagat University (IN)
Publication Details
- Journal
- International Journal For Multidisciplinary Research
- Published
- 2025-02-01
- DOI
- https://doi.org/10.36948/ijfmr.2025.v07i01.36266
- Primary Topic
- Corporate Social Responsibility Reporting
- Type
- article
- Field-Weighted Citation Impact
- 0.00