Corporate Social Responsibility and Stakeholder Engagement: A Comprehensive Analysis

Abstract

Corporate Social Responsibility (CSR) has become a pivotal aspect of contemporary business strategies, wherein companies strive to fulfill their obligations towards society and the environment. Stakeholder engagement, a fundamental component of CSR, entails the active involvement of various parties affected by a company's actions. This scholarly article explores the intricate relationship between CSR and stakeholder engagement, examining their significance, strategies, challenges, and outcomes in modern business contexts.