Version 1
: Received: 9 October 2024 / Approved: 9 October 2024 / Online: 9 October 2024 (12:18:23 CEST)
How to cite:
Chipriyanov, M.; Chipriyanova, G.; Krasteva-Hristova, R.; Atanasov, A.; Luchkov, K. Researching the Impact of Corporate Social Responsibility on Economic Growth and Inequality – Methodological Aspects. Preprints2024, 2024100679. https://doi.org/10.20944/preprints202410.0679.v1
Chipriyanov, M.; Chipriyanova, G.; Krasteva-Hristova, R.; Atanasov, A.; Luchkov, K. Researching the Impact of Corporate Social Responsibility on Economic Growth and Inequality – Methodological Aspects. Preprints 2024, 2024100679. https://doi.org/10.20944/preprints202410.0679.v1
Chipriyanov, M.; Chipriyanova, G.; Krasteva-Hristova, R.; Atanasov, A.; Luchkov, K. Researching the Impact of Corporate Social Responsibility on Economic Growth and Inequality – Methodological Aspects. Preprints2024, 2024100679. https://doi.org/10.20944/preprints202410.0679.v1
APA Style
Chipriyanov, M., Chipriyanova, G., Krasteva-Hristova, R., Atanasov, A., & Luchkov, K. (2024). Researching the Impact of Corporate Social Responsibility on Economic Growth and Inequality – Methodological Aspects. Preprints. https://doi.org/10.20944/preprints202410.0679.v1
Chicago/Turabian Style
Chipriyanov, M., Atanas Atanasov and Kiril Luchkov. 2024 "Researching the Impact of Corporate Social Responsibility on Economic Growth and Inequality – Methodological Aspects" Preprints. https://doi.org/10.20944/preprints202410.0679.v1
Abstract
The study focuses of analysis the impact of corporate social responsibility (CSR) on economic growth and reducing inequality, highlighting the importance of CSR in achieving sustainable development and social justice. The main aim is to analyze how different CSR initiatives contribute to economic development, social prosperity and the reduction of inequality, reviewing the methods used to assess their impact. The research methodology includes a detailed literature review, bibliometric analysis and scientific mapping, surveys of various business organizations and a Gap Analysis regarding the identification of gaps between the current state of CSR activities and the expected outcomes. The research shows that companies perceive CSR as a key tool for improving corporate image, responding to stakeholder expectations and investing in social justice. Despite positive intentions, challenges include the lack of clearly defined methodologies for measuring impact on economic inequality, as well as difficulties in assessing the long-term effects of CSR initiatives. Key conclusions highlight the need for more structured approaches to assessing the social and economic effects of CSR, recommending that companies improve their transparency and accountability, and implement clear indicators of success to achieve sustainable economic and social outcomes.
Keywords
corporate social responsibility (CSR); sustainable development; social justice; economic growth and inequality; strategic planning; strategic management
Subject
Business, Economics and Management, Economics
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
