A Comparative Study of Corporate Social Responsibility in the Developed and Developing Countries

Abstract

This exploratory study examines the theoretical and practical comparison of the concept of CSR between the developed and developing countries with CSR definitions, frameworks and concepts being considered. In reviewing CSR literature on developed and developing world specially this study concerned the CSR practices and theoretical understanding between the two world. However, it is argued that the business and society in these countries have been rather misrepresented in their historical perceptions of CSR, and are now being misrepresented as having intentions other than philanthropic. To understand the CSR benefits, measurements and definitions also add to the concept of CSR. However, the major limitation of the study is that there is a dearth of research in CSR in the developing world which is still in its primary stage.