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CORPORATE SOCIAL RESPONSIBILITY AND ETHICS IN INTERNATIONAL BUSINESS

Siddhant

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Paper Contents

Abstract

As international business landscapes expand in scope and complexity, the need for a comprehensive, adaptableframework for Corporate Social Responsibility (CSR) and ethical governance becomes increasingly evident.Multinational corporations rely on structured CSR policies to uphold transparency, strengthen stakeholdertrust, and drive sustainable business practices across global markets. These frameworks are specificallydesigned to ensure legal compliance, enhance brand reputation, and foster long-term stakeholder engagement.To meet the growing expectations for ethical business operations, companies have developed standardizedCSR models that integrate environmental, social, and governance (ESG) criteria into corporate strategies.While these models offer operational efficiency and accountability, they often require supplementaryinitiatives to fully address emerging ethical concerns and sustainability challenges. Organizations are nowexploring advanced mechanisms, including sustainability reporting systems and ethical impact assessments, tobridge these gaps.Industry work groups comprising corporate leadership, regulatory bodies, and ethical compliance experts areincreasingly focused on evaluating the effectiveness of CSR initiatives. Through collaborative efforts, theyseek to refine corporate accountability measures and identify opportunities for integrating socially responsiblepractices into core business functions. This discussion examines the advantages, limitations, and feasibility ofenhancing existing CSR frameworks or adopting new governance models that align ethical considerations withcorporate success.

Copyright

Copyright © 2025 Siddhant. This is an open access article distributed under the Creative Commons Attribution License.

Paper Details
Paper ID: IJPREMS50600000177
ISSN: 2321-9653
Publisher: ijprems
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