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This book examines the growing trend of recognition and practices of CSR in private enterprises in developing countries. It identifies the challenges and deficiencies in these practices and proposes means for improvement. Based on a sound theoretical foundation, this book focusses on the case of Bangladesh and the ready-made garment industry to exemplify the described developments. After a brief introduction the book outlines the standards of Corporate Social Responsibility. It compares the trends in CSR practices both in developed and developing countries and then embarks on CSR practices in the private sector in Bangladesh to finally present a detailed analysis of CSR and its practices in the ready-made garment industry. The book not only compares developing countries with developed, but as well provides an assessment and analysis of different stages of CSR within the South Asian area.
"This book is about corporate citizenship in developing countries, paying special attention to the new partnerships between companies, development agencies and/or civil society organisations. The book will deal with some of the following issues: analyse the background for discussing corporate citizenship in developing countries; describe some of the development issues facing companies trying to be good corporate citizens; present the background and content of the new partnerships between companies, development agencies and civil society organisations; and discuss the potentials and pitfalls of these cooperative approaches." "The book is written by scholars and practitioners with comprehensive knowledge of corporate citizenship, corporate social responsibility, private sector development, etc."--BOOK JACKET.
This book examines and evaluates how Corporate Social Responsibility (CSR) as a business agenda is growing and becoming recognised in the private enterprises of developing countries taking the readymade garments (RMG) industry of Bangladesh as a case study.In Bangladesh, CSR is growing in importance in corporate businesses in response to global trends. This book finds that the overall application of CSR in private enterprises in this country is emerging and progressing in an incoherent manner. This is due to certain challenges and constraints, notably the absence of multi-player activities, lack of adequate public sector interventions, and an absence of a national consensus on CSR or uniform CSR guidelines. The position is somewhat different in the private enterprises of the Bangladesh's (RMG) industry. This sector is the largest source of this country's export earnings. The practices of labour and environment-related CSR in the form of social compliance requirements from the international buyers are growing steadily in this industry. Also there is a trend of the development of the multi-player activism for the promotion of compliance with these requirements in it. But changes seem only to be occurring in the large contracting enterprises and the enterprises of Export Processing Zones (EPZ). A huge number of small and medium scale enterprises and non-contracting enterprises remain non-participants in this trend. The reasons for this include insufficient co-ordination among stakeholders, resource constraints in factories, the absence of concrete guidelines from government and associations, lack of awareness among workers about their rights, and the absence of firm commitments from international buyers.
Urban development cooperation needs innovative solutions. Despite many efforts, international assistance has failed to address the challenges faced by cities in developing countries. This book seeks to raise awareness about the value of corporate social responsibility as a tool in urban development assistance.
This volume provides a platform for localized perspectives on CSR in developing countries across the globe. The chapters bring local context and business to the forefront and highlight the efforts spearheaded by indigenous actors from within the developing world. They present insights from developing countries through successful and less successful examples of locally-led CSR efforts. Together, these perspectives capture the complex paradoxes of CSR in developing countries and highlight common features in national institutions across the developing world, such as weak political and regulatory institutions, that shape local CSR initiatives and often limit its developmental impact.The editors argue the need to embrace partnership models that leverage the strengths of different actors to promote effective development and tackle the complex challenges facing the developing world. This important series will be the reference source for academics, practitioners, policy-makers and NGOs involved in development-oriented CSR.
This book provides a comprehensive overview of corporate social responsibility and its development in Africa. It provides in-depth studies on 11 sub-Saharan countries, demonstrating that corporate social responsibility is forming and going through different stages of metamorphosis in the continent. Though corporate and individual attitudes towards sustainability in Africa still leave a lot to be desired, this book showcases how things are rapidly changing for the better in this regard. It demonstrates and provides evidence for the fact that corporate social responsibility contributes significantly to the way sub-Saharan African economies are being transformed, with service sectors expanding, commercial activities diversifying and industrial bases growing through the initiatives of small, medium and large organizations and innovators supported by widespread higher-education program rollouts. The book highlights how progressive and wide-ranging CSR approaches have emerged, and how much they differ from the obsolete approaches of the past, which promulgated negative stereotypes, marginalized communities and positioned them as victims or beneficiaries of development.
Corporate Social Responsibility (CSR) has become an important concept in the last few decades. Although it originated in the developed countries of the West, the concept has been embraced and adapted by corporations and policy-making agencies in many developing countries. Not surprisingly, given the importance of growth and development as policy objectives in these countries, CSR has had a significant impact on sustainable development. Sustainable Development and Corporate Social Responsibility explores the evolution of CSR across the developed and developing world, with a particular focus on China and sustainable development. Through an extensive review of the literature and relevant case studies, the book examines whether CSR can make a contribution to sustainable development, how the patterns of CSR in developed Western economies compare to that in the rapidly growing economy of China, what trade-offs take place between CSR and economic growth as well as the future of CSR and its possible impact on the global sustainable development agenda. This book is a valuable resource for academics and upper-level undergraduate and postgraduate students in the fields of human/social geography, economics, business studies, sustainable development, development studies and environmental studies.
Inhaltsangabe:Introduction: Global changes of the worldwide economy and free markets offer many business opportunities and advantages for multinational corporations (MNC), but also a lot of social challenges and ecological threats. In the last decades many scandals hit various industries for different casualities, for instance the oil industry for several oil spills, the mining industry for colaboration with corrupt governments and exposing workers to unsafe labor conditions, the clothing industry for exploiting employees or using child labor in sweatshops, the toy industry and other industries for importing tainted and unsecure products from China. As corporations have reaped the benefits of globalization and international trade, they are now, more than ever, demanded to take responsibility for the consequences resulting from their business activities. Due to the risk of a damaged reputation, loosing consumers and hence decreasing profits and as a result of public criticism, more and more corporations are pushed to change their business strategy in a way that fosters sustainable development. As the business world becomes smaller and more transparent, an increasing number of corporations are embracing Corporate Social Responsibility (CSR) to demonstrate their stewardship. CSR is a concept that demands corporations to adress the economic, social and environmental impacts of their global operations while generating profits. The idea of CSR has become a concept that is growing in its importance and it is not only endorsed by corporations and organizations but also by individual consumer and governments. Henry Ford quoted once If there is any one secret of success, it lies in the ability to get the other person s point of view and see things form that person s angle as well as from your own. This statement shows that companies striving to be economically successful are also demanded to consider the interests of all its multiple stakeholders. As corporations are gaining an increasing power and have an enourmous impact on the society in industrialized and developing countries, they are expected to respond to the societal demands and ecological concerns of all those who are affected by a company s business practices. The aim of this paper is to give a detailed overview of CSR with all its components and its implementation process into the overall business strategy. It analyzes the role corporations play or should play in fostering sustainable [...]