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Research Article

Ethics and Corporate Social Responsibility in the Era of Globalization: Compliance of International Companies

Anastasiia Buderchyk1, Tetyana Cherkashina1

  1. 1Odessa National Economics University, Ukraine

International Journal of Psychology and Strategic Communication, Vol. 1, No. 3, pp. 415–422, 2025

Published 14 July 2025

https://doi.org/10.61030/FUTL6253

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Abstract

The article is devoted to examining the transformation of ethical practices and corporate social responsibility (CSR) in international companies within the context of globalization. In today’s global business environment, ethics and social responsibility have become increasingly critical. As a result, international companies must continuously adapt to evolving conditions and challenges. The main objective of the article is to provide a comprehensive analysis of key aspects of CSR implementation in transnational corporations. Additionally, it explores the influence of cultural, social, and economic differences on the development of global ethical standards. To this end, the article discusses core issues related to applying ethical strategies across different cultures and in compliance with local regulatory requirements. Methodologically, the study employs analysis, synthesis, comparison, and generalization. These tools help examine how companies implement CSR in diverse global settings. Moreover, the article investigates new approaches to CSR that align with global sustainability trends. It also assesses how these strategies affect a company’s reputation and competitiveness in the international marketplace. The practical value of this research lies in its recommendations for developing flexible CSR strategies. Such strategies, if effectively implemented, can help international companies adapt to global challenges, including environmental, social, and economic transformations. Ultimately, the study offers insights for enhancing CSR frameworks in a way that supports long-term success and ethical resilience in a globalized economy.

Keywords: Corporate social responsibility, Globalization, Business ethics, International companies, Sustainable development, Cross-cultural management, Ethical standards

RESEARCH ARTICLE

Title

Ethics and Corporate Social Responsibility in the Era of Globalization: Compliance of International Companies

Volume 1 · Issue 3 · 2025 · pp. 415-422

Authors and Affiliations

Author

Anastasiia Buderchyk

Odessa National Economics University, Ukraine

Author

Tetyana Cherkashyna

Odessa National Economics University, Ukraine

Journal / Publisher Details

International Journal of Psychology and Strategic Communication
Volume 01
Issue 03
Year 2025
Pages 415-422

Abstract

The article is devoted to examining the transformation of ethical practices and corporate social responsibility (CSR) in international companies within the context of globalization. In today’s global business environment, ethics and social responsibility have become increasingly critical. As a result, international companies must continuously adapt to evolving conditions and challenges. The main objective of the article is to provide a comprehensive analysis of key aspects of CSR implementation in transnational corporations. Additionally, it explores the influence of cultural, social, and economic differences on the development of global ethical standards. To this end, the article discusses core issues related to applying ethical strategies across different cultures and in compliance with local regulatory requirements. Methodologically, the study employs analysis, synthesis, comparison, and generalization. These tools help examine how companies implement CSR in diverse global settings. Moreover, the article investigates new approaches to CSR that align with global sustainability trends. It also assesses how these strategies affect a company’s reputation and competitiveness in the international marketplace. The practical value of this research lies in its recommendations for developing flexible CSR strategies. Such strategies, if effectively implemented, can help international companies adapt to global challenges, including environmental, social, and economic transformations. Ultimately, the study offers insights for enhancing CSR frameworks in a way that supports long-term success and ethical resilience in a globalized economy.

Keywords

Corporate social responsibility, Globalization, Business ethics, International companies, Sustainable development, Cross-cultural management, Ethical standards

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10.61030/FUTL6253

Anastasiia Buderchyk, Student, Odesa National Economic University, Odesa, Ukraine, Tetyana Cherkashyna, & PhD in Economics, Associate Professor, Odesa National Economic University, Odesa, Ukraine (2025). Ethics and Corporate Social Responsibility in the Era of Globalization: Compliance of International Companies. International Journal of Psychology and Strategic Communication, 1(3). https://doi.org/10.61030/FUTL6253

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