The Moral Value Of Corporate And Its Jurisprudential Aspect

Abhas Jain, Bennett University

ABSTRACT

Corporate social responsibility (CSR) has evolved throughout time, reflecting the increasing focus on societal issues within the business world. Yet, CSR is considered an overarching term with no agreed-upon definition that covers all elements related to responsible, ethical, and sustainable business practices. When transformed into a legal rule, corporate social responsibility (CSR), which is primarily a social concept about the role of business in society, may present certain challenges. It explains how corporate social responsibility (CSR) is tied to a business’s legal obligations and, by extension, its duty to its stakeholders. This is achieved by the use of ethical and legal jurisprudence in establishing the binding nature of responsibilities. First, this study will define CSR, and then it will trace its development through time. Second, the views of distinguished authors and jurists, and third, legal and moral duties, the possible character of the CSR legal norm, and its links with human rights, the environment, and the Constitution have been discussed. The purpose of this research is to explore a broad variety of situations, events, and occurrence conditions that have had an impact on the manifestation of corporate social responsibility (CSR).