Firm Internationalization and Essence of CSR

Abstract

This chapter aims to explain the phenomenon of internationalization of firms and companies in the current world. Furthermore, this chapter also explains the importance of the international process and its theoretical background. Furthermore, this chapter also discusses the nexus between corporate social responsibilities with internationalization and its overall essence. The chapter concludes that CSR is an essential pillar for the economic growth and expansion of every firm. The more CSR policies adopted by the companies, the more will be the companies' overall economic profits by directly or indirectly helping society.