• Gashaw Awoke

The purpose of this study is to reconsider the features, effects, and critiques of corporate social responsibility (CSR) initiatives. The paper examined the manufacturing companies and governmental responses. Data for the study were generated from policy papers, legislation, and literature. The findings show that embracing CSR enables businesses to make long-term profits. Scholars studied lacked explicit national laws, rules, and stringent policy instruments to enforce CSR efforts and systems. Tackling the problem demands integrated multi-actor interventions with multiple stakeholders to reduce negligent practice on one hand, and reconsidering CSR offers on the other hand. Implications: The article looks for to explain why critics, concerns, and views of CSR demand state or government engagement to balance the misbehavior or irresponsible actions of businesses, society, the environment, and other stakeholders. Because CSR practice is still not widely recognized as an economic, social, ethical, and environmental concern, little attention is being given to the problem, especially in African countries. However, companies may have either strategic alliance or collaboration for creating shared value, finding solutions to critical business and social problems through increasing employment possibilities, improving livelihoods, and quality of life. This needs policy instruments and pressure on businesses to develop a solid strategy for realizing potential benefits and value of CSR at business, society, and state level.

Economic, Social, Environmental, Philanthropic, CSR

"Rethinking the Features, Effects, and Critiques of CSR Initiatives", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 2, page no.b278-b291, February-2024, Available :http://www.jetir.org/papers/JETIR2402128.pdf

"Rethinking the Features, Effects, and Critiques of CSR Initiatives", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 2, page no. ppb278-b291, February-2024, Available at : http://www.jetir.org/papers/JETIR2402128.pdf