Future Agenda of Iraqi Social-Business Ethics through Corporate Social Responsibility: The Post-War Era

Mulko Asaad Ado

doi:10.17762/turcomat.v12i2.714

Abstract

After Defeat of ISIS in Iraq and Syria, there is no major threat of peace in Iraq. Hence, it is time to reconcile the relations and restore the unity through decent policy making concerning better well-being for all Iraqi people. Appropriate business ethics based on pivotal social factors could generate proactive commercial environment in Iraq, which is the key to improve the quality of stakeholders' lives. Firms should develop their strategic corporate social responsibility practices aligned with global trends in order to create optimized values for the stakeholders. It is time for Iraq to create an ethical market for equality and unity in the path of globalization. This study tends to look deeply into this matter and create a better understanding of the subject for better future of Iraqi business laws and its development in practice. Observation and in-person conversations have been conducted in addition to reviewing the literature to understand and answer the questions of the topic at hand. This research investigates the extent of which CSR is implied within the body of Iraqi system and addresses local firms in regard to their willingness and function. Current state of the issue is investigated and possible approaches towards future implementations are provided for managerial benefits

Highlights

As new opportunities arise within the context of businesses in Iraq, concerns on societal dimensions of Corporate Social Responsibility (CSR) has to be thoroughly understood and appropriate decisions are to be made
The aforementioned note is important to be considered as the current state of Iraq is not stable due to the sectarian conflicts currently posing risk to organizations that endeavor to function on a sustainable manner towards a globalized market. As it was observed through the conduction of this paper, the market of Iraq faces severe challenges due to political instability that resides in the country
As per the objectives of this research, for CSR and its practices to be fully implemented within Iraqi system, it is imperative that current situation regarding sectarian conflicts is resolved

Summary

Introduction

As new opportunities arise within the context of businesses in Iraq, concerns on societal dimensions of Corporate Social Responsibility (CSR) has to be thoroughly understood and appropriate decisions are to be made. The idea of exceeding the limitations of regulations in regard to social and environmental impacts and concerns is to become a main concern for firms as globally people are being more aware of the effects organizations have on their lives, quality of life, and their environment (whether domestically or international). This creates a shift towards applying CSR practices more thoroughly and comprehensively within organizations for achieving long-term sustainability and reputation alongside other benefits. Ethics and compliance with ethical norms commonly accepted on an international scale alongside the aforementioned implementation of CSR can yield in a smoother path towards entering the global market and provision of an equal market for Iraq and a role to play among other players on the international scale

Objectives

Methods

Discussion

Conclusion