Corporate Social Responsibility Practices in Multinationals and Large Enterprises in Pakistan

Abstract

This article presents the investigation of how far multinationals and other large state-owned companies in Pakistan practice corporate social responsibility. The authors compared the corporate social responsibility initiatives of the companies with the10 principles of the United Nations Global Compact (UNGC) to look at the corporate social responsibility aspects covered and to find what elements are yet to be complied with. The content analysis of these companies' official Websites was carried out to explore the issue under investigation. The sample included40 companies that received second CSR Business Excellence Awards in 2014 to see if individual companies' CSR policies and practices were globally driven and to assess the level of commitment with UNGC principles