ENHANCING UNIVERSITY FUNDING IN CENTRAL ASIA THROUGH CORPORATE SOCIAL RESPONSIBILITY: INSTITUTIONAL MECHANISMS AND STRATEGIC APPROACHES

Abstract

This study examines the role of corporate social responsibility (CSR) in improving the financial sustainability of higher education institutions in Central Asia. The research is based on a conceptual-analytical approach that integrates CSR, higher education finance, and corporate–academic partnerships. The findings show that universities in the region face a significant funding gap, with public expenditure remaining below global averages. At the same time, CSR resources are underutilized and mainly directed toward short-term and low-impact activities. The study identifies a “philanthropic trap” that limits the effectiveness of CSR in higher education. To address this issue, a multi-level framework is proposed, explaining how CSR can be transformed into a strategic and governance-based mechanism. The results highlight the importance of institutional conditions, particularly governance quality and autonomy, in determining the effectiveness of CSR. The study provides theoretical contributions and practical recommendations for improving university financing and long-term institutional development.