Open AccessThe Difference of the Theoretical Approach of Corporate Social Responsibility Between the European Union and United States of America
Author(s) -
Wahiba Mokadem,
Bishr Muhamed Muwafak
Publication year - 2021
Publication title -
the international journal of business ethics and governance
Language(s) - English
Resource type - Journals
ISSN - 2717-9923
DOI - 10.51325/ijbeg.v4i1.22
Subject(s) - corporate social responsibility , european union , government (linguistics) , intervention (counseling) , political science , economic interventionism , social responsibility , public relations , public economics , political economy , business , economics , politics , economic policy , psychology , law , linguistics , philosophy , psychiatry
The experiences of countries that relate to corporate social responsibility differ greatly, and the reason for these differences is due to several reasons, including: the economic, social, and cultural policies of the country, the degree of government intervention in corporate activity, and the degree to which governments cover societal needs. Therefore, we find a difference between the theoretical approaches to social responsibility in both European countries and the USA. This research aims to explain these two approaches, by looking at each approach in an analytical manner and then deducing the differences between them, and this is to give an overview of the advantages and disadvantages of each approach and highlight their significant contributions.