BUSINESS ETHICS AND CORPORATE SOCIAL RESPONSIBILITY: A CRITICAL ANALYSIS

Abstract

In recent years, Business Ethics and Corporate Social Responsibility (CSR) have gained significant attention within both academic and practical business spheres. This critical analysis explores the relationship between ethical business practices and corporate responsibility initiatives, emphasizing the evolving role of businesses in society. The article assesses the ethical challenges faced by organizations in implementing CSR strategies, including governance issues, stakeholder engagement, and transparency. It examines how CSR can contribute to the long-term sustainability and profitability of corporations while addressing global socio-economic concerns. The study presents insights into the barriers to effective CSR implementation and offers recommendations for businesses striving to integrate ethical practices into their corporate strategies.