Corporate Social Responsibility and Social Inclusion: Reducing Prejudice and Advancing Immigrant Education in Global Business
DOI:
https://doi.org/10.58932/MULE0044Keywords:
Social Trust, Immigrant Education, Prejudice Reduction, Employee Commitment, Corporate Reputation, CSR Initiatives, Institutional Investors, International BusinessAbstract
This research examines the centrality of Corporate Social Responsibility (CSR) in promoting social inclusion, in terms of minimizing prejudice and promoting education among immigrants in international business. Filling in a research gap in the current literature concerning the strategic alignment of CSR with societal needs, the study will utilize a Systematic Literature Review (SLR) method, and the thematic analysis of secondary data. Our results indicate that CSR programs are a major source of employee commitment, corporate reputation and financial performance. Most importantly, social trust is singled out as one of the major mediators, reinforcing the correlation between CSR efforts and these favorable results. Moreover, institutional investors are discovered to moderate the effectiveness of CSR, and the overall effect. The research findings conclude that CSR is not just a potent strategic instrument of organizational performance and contributing to the expectations of global stakeholders but also provides business and social payoffs in the event of matching societal interests such as reduction of prejudice and education of immigrants.
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