What does corporate social responsibility (CSR) primarily focus on?

Corporate social responsibility (CSR) primarily emphasizes the importance of accountability to stakeholders and the public. This concept recognizes that businesses operate within a larger social context and have obligations that extend beyond profit generation. By focusing on accountability, CSR encourages companies to consider the impact of their actions on a range of stakeholders, including employees, customers, suppliers, communities, and the environment.

The essence of CSR lies in fostering ethical practices, sustainable behaviors, and transparency, thereby enhancing a company's reputation and building trust among stakeholders. This perspective aligns with the growing expectation from consumers and investors that companies should be responsible corporate citizens and contribute positively to society.

In contrast, the other options are narrower in focus. Maximizing shareholder profits concentrates solely on financial performance, often at the expense of broader social considerations. Legal compliance is essential but represents only the minimum standard for ethical behavior, rather than an active commitment to social responsibility. Market expansion focuses on growth and profitability without necessarily addressing the ethical implications and responsibilities that come with business operations.