“…Recently, CSR has emerged as a vital concept with political, social, and economic dimensions in both developing and developed countries (Carroll, 1999;Jamali & Karam, Pakistan is no exception to the aforementioned context of developing countries. Perhaps, Pakistan became acquainted with CSR for the first time when issue of child labor in the football industry (Sialkot, Pakistan) hit the international headlines (Winstanley, Clark, & Leeson, 2002;Awan, Kamal, Rafique, & Khan, 2012). This epidemic issue gave rise to the emergence of national and international non-governmental organizations (NGOs), specifically those NGOs which were working towards the awareness of CSR (Securities Exchange Commission of Pakistan [SECP], 2005).…”