Exploring the Interconnection of CSR, Ethics, and Corporate Governance

Authors : Irmak Yolcu

Pages : 24-46

Doi:10.15659/tjss.2025.002

View : 31 | Download : 22

Publication Date : 2025-01-31

Article Type : Review Paper

Abstract :The Corporate Social Responsibility (CSR) phenomenon continues to spark debates over its interpretation, the predominant types of CSR practiced in the industry, and the outcomes of enterprises\\\' engagement in socially responsible activities. This paper explores the intricate relationship between CSR, ethics, and corporate governance (CG) within the context of modern business practices. CSR encompasses voluntary actions taken by businesses to integrate social, environmental, and ethical considerations into their operations and decision-making processes. Ethics, on the other hand, pertains to the principles or standards of conduct that govern individual and organizational behavior, guiding individuals in distinguishing right from wrong. Corporate governance refers to the system of processes, practices, and structures through which corporations are directed and controlled. While these concepts represent distinct aspects of organizational behavior and management, they are interconnected and mutually reinforcing. Strong corporate governance practices can facilitate CSR engagement by providing oversight and accountability mechanisms, while ethical leadership and a culture of integrity are critical components of effective corporate governance. Furthermore, CSR initiatives often involve ethical considerations, as companies navigate complex dilemmas related to sustainability, human rights, and social justice. By integrating CSR into their corporate governance frameworks, organizations can enhance transparency, stakeholder engagement, and long-term value creation. This paper underscores the importance of embracing a holistic approach to corporate sustainability and governance, contributing to a more equitable and sustainable future for all stakeholders. This paper also indicates how the companies should learn the intersection of CSR, ethics and corporate governance and create sustainable company practices while creating stakeholder trust businesses can create fairer and sustainable future for all stakeholders.
Keywords : Kurumsal Sosyal Sorumluluk, Etik ve Kurumsal Yönetim, etik