Social Responsibility of Corporate Sector: A Comparative Analysis between Pakistan and United Kingdom (UK)

Abstract

The purpose of the study is to investigate the diversity in the laws and regulations and the cultural milieu in which corporations operate in the UK and Pakistan which led to the differences and similarities in CSR practices. This research aims to evaluate and compare the incorporation of term, definition, influence of religion, role of civil societies, governmental actions, spending, reporting, national strategies, visibility, spectrum, transparency, financial aspects, sustainable activities, awards culture and educational programs, legal and regulatory frameworks of CSR practices in two regions of the world namely the British isle, and Pakistan. This qualitative study is conducted through comparative research analysis. The study results revealed that CSR activities coupled with similarities and differences are shifting from philanthropy to sustainability, the CSR movement in most of the nations is yet to gain the mainstream acceptance as it enjoys in the developed countries.