Review of Corporate Social Responsibility Dimensions

Afshan Younas, Subrahmanian Muthuraman, Aysha Al Darmaki, Farzana Khan and Aza Azlina Md Kassim
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Afshan Younas: Arab Open University, Muscat, Oman
Subrahmanian Muthuraman: Arab Open University, Muscat, Oman
Aysha Al Darmaki: Arab Open University, Muscat, Oman
Farzana Khan: The Bedford College Group, United Kingdom
Aza Azlina Md Kassim: Management & Science University, Malaysia

International Journal of Research and Innovation in Social Science, 2024, vol. 8, issue 1, 2318-2325

Abstract: Corporate Social Responsibility (CSR) is an important self-regulating business model that helps businesses to be accountable to their stakeholders. This paper reviews the role of CSR and its dimensions for businesses The study aims to fill a gap in the existing literature by covering six CSR dimensions which are business governance, community welfare, health and education, workforce, product and services, and environment and energy. These broader six dimensions of CSR are further discussed in detail highlighting the aspects of CSR. CSR is used as a tool to compete in the competitive market and gain benefits of proving to be socially responsible. The paper also examines the relationship between CSR and competitive advantage, weighing the concept of shared value.

Date: 2024
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