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International Conference on
Management, Enterprise and Benchmarking

24th MEB Conference - Budapest, 24.04.2026

The Role of Corporate Social Responsibility in Achieving Economic and Social Sustainability | MEB Conference

The Role of Corporate Social Responsibility in Achieving Economic and Social Sustainability

Abstract

Corporate Social Responsibility (CSR) has become a pivotal strategy for businesses to address global challenges and promote sustainable development. This study examines the role of CSR in achieving economic and social sustainability by analyzing its impact on corporate performance, social equity, and environmental preservation. Through a literature review and qualitative analysis, the research finds that CSR initiatives align well with the United Nations Sustainable Development Goals (SDGs). The results indicate that CSR not only enhances corporate reputation and stakeholder trust but also fosters long-term economic growth while addressing social and environmental issues. However, the effectiveness of CSR depends on its integration into core business strategies and genuine commitment to sustainability. This study concludes that CSR is a vital tool for balancing economic and social sustainability, but its implementation requires robust governance and stakeholder engagement.
Keywords: Corporate Social Responsibility; Economic Sustainability; Social Sustainability; Sustainable Development Goals; Stakeholder Engagement; Environmental Preservation
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This is an Open Access article distributed under the terms of the conference license.