Corporate Social Responsibility Practices and Reporting: A Conceptual Analysis

This chapter provides a comprehensive analysis of corporate social responsibility (CSR) practices and reporting. It begins with an overview of the history and evolution of CSR and presents different approaches to CSR. The theoretical foundations of CSR, including stakeholder, social contract, legitimacy, and resource dependence theories, are then discussed. This chapter explores the importance of CSR reporting and the different perspectives on CSR, including social accounting and social responsibility disclosure. Additionally, the impact of CSR practices and reporting on an organization's performance and reputation is examined, along with the determinants of non-financial information reporting. The roles and challenges of accounting, finance, management, and auditing professionals in CSR practices and reporting are discussed, including challenges for professionals.