Vol. 18 No. 2 (2023)
Articles

Strategic Corporate Social Responsibility: A Comprehensive Analysis of its Impact on Organizational Performance and Stakeholder Relations

Published 2023-11-26

Abstract

Strategic corporate social responsibility (CSR) is a business approach that integrates social and environmental concerns into a company's operations and decision-making. CSR has the potential to create positive impacts for organizations, including improved financial performance, enhanced stakeholder relations, and a stronger reputation. However, the relationship between CSR and organizational outcomes is complex and multifaceted. This research abstract provides a comprehensive analysis of the impact of strategic CSR on organizational performance and stakeholder relations. the research concludes that Strategic CSR is a valuable business practice that can create positive impacts for organizations. By integrating social and environmental concerns into their operations and decision-making, companies can improve their financial performance, enhance stakeholder relations, and build a stronger reputation.