Challenges of Corporate Social Responsibility Auditing in Business

Armen Tshughuryan (), Nonna Khachatryan () and Ani Mkrtchyan
Additional contact information
Armen Tshughuryan: Armenian State University of Economics, Doctor of Economics
Nonna Khachatryan: Yerevan State University, PhD in Economics
Ani Mkrtchyan: Northern University

A chapter in Leading Change in Disruptive Times, 2026, pp 64-87 from Springer

Abstract: Abstract In current business practice, CSR has become a crucial guide to achieving social, financial, and environmental sustainability goals. This article aims to highlight the difficulties and challenges, that organizations face in the implementation of CSR analytical and auditing procedures. These challenges mostly include the absence of legal regulations, limited resources, and different levels of stakeholder engagement among others. However, mentioned factors tend to hinder the integration of CSR into the business management, which in turn makes it difficult for organizations to exploit the potential of CSR to the fullest. At present, the concept of CSR accountability is actively developing, more and more organizations are disclosing information about their sustainability goals and actions, which are directed at the environment, society, and employees. However, on the other hand, there are still some challenges in the completeness and comparability of the data, which means that there is still much work to be done in this regard and the international standards should be followed. This is because CSR auditing has not been widely adopted due to the absence of norms and legal frameworks, that could have supported its adoption. Moreover, the absence of a generally accepted framework for CSR reporting makes it difficult to present detailed information, which is important for the stakeholders. The article aims to examine the issues in CSR accountability auditing in organizations and provide some implications for the solution of these issues.

Keywords: corporate social responsibility; financial sustainability; CSR audit (search for similar items in EconPapers)
Date: 2026
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-032-19276-9_5

Ordering information: This item can be ordered from
http://www.springer.com/9783032192769

DOI: 10.1007/978-3-032-19276-9_5

Access Statistics for this chapter

More chapters in Springer Proceedings in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().