Corporate Social Responsibility: A Commercial Law Perspective

Abstract

The disparity between the affluent and the poor in Pakistani society has widened. Although the state's "invisible hand" control is the cause of sustainability, there are numerous places where it may be improved. This study investigates the tight relationship between Commercial laws, social responsibility, and systematic development of corporate social responsibility (CSR) from a commercial law viewpoint. It also examines a correlation between CSR and Corporate Governance about Corporate Financial Performance, as well as the impacts of corporate strategies, Board resolutions, and decisions on corporate performance through various aspects of the 4Ps (People, Purpose, Process, and Performances). The study concludes that we can only get better results by combining all with the law, mainly through CSR activities. This research aims to enhance Pakistan's long-term commercial and social growth.