Multinational S Csr Practices In Developing Countries

Globalization and the professionalization of Corporate Social Responsibility (CSR) have led to a surge of CSR activities claiming to support development across the globe. In this two volume series, the chapters explore this claim through nuanced debate about the potentialities, limitations and threats of development-oriented CSR in the developing world at both the global and local levels. Volume 1 explores whether there is a genuine possibility for corporations to contribute to development through CSR activities. With corporate reach spreading into every corner of the globe, this is a timely contribution presenting cases from developing countries spanning multiple continents. It explores the multi-level and multi-stakeholder dynamics involved in shaping the complex interface between multinational corporations (MNCs) and possibilities for CSR-related development. The chapters highlight the potential for MNCs to spread best practice and complement the role of governments in bridging governance gaps and spearheading capacity building efforts. But they also highlights serious reservations, stemming from isolated assessments, limited appreciation of the complexities of context, and the permeation of a northern agenda that marginalizes local voices.Within the larger debate on the merits and evils of globalization, this volume captures the mixed record of MNCs in promoting effective development in those parts of the world where it is most needed. This important series will be the reference source for academics, practitioners, policy-makers and NGOs involved in development-oriented CSR.

This book explores the relationship between multinationals and developing countries. Some of multinational's corporations claim to be taking steps to improve their CSR practices through the use of voluntary initiatives such as codes of conduct, environmental certification, social audits, fair trading and social investments. However, that kind of voluntary initiative may be limited in some developing countries where companies are not subjected to the same pressures and market opportunities that make many corporations responsible in developed countries. The challenge for corporate social responsibility (CSR) in developing countries is guided by a vision distilled into the UN Millennium Development Goals. Unfortunately, these global aspirations remain far from being met in many developing countries today. The book also examines the promotion of corporate environmental and social responsibility in specific developing countries. While concepts like corporate social responsibility have become more fashionable in many developing countries, they have essentially been introduced from abroad. Thus, on one hand, the lack of interest within some developing countries is not surprising considering the current context of economic, political and social crisis, which generates other priorities. On the other hand, an institutional framework supportive of CSR practices has emerged in some developing countries. In these countries, corporate policies to promote responsible social and environmental behaviours have been increasingly important among foreign-based companies.

"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.

Focusing on anti-corruption as a corporate social responsibility issue, Adefolake O. Adeyeye explores multilateral efforts to curb international corruption.

Undeniably, the concept of corporate social responsibility (CSR) is not new, but there is a huge difference between understanding the concept of CSR in developed and developing nations. In developing countries, firms have little interest in adopting CSR as a strategy in their business goals. The best practices, techniques, and empirical studies conducted around the globe must be discussed in detail in order to encourage the incorporation of the best CSR strategies for regionally diverse businesses. Global Corporate Social Responsibility Initiatives for Reluctant Businesses is a critical reference source that covers the scope of global corporate social responsibility, which has continued to increase in the last couple of decades. The book includes core aspects of corporate social responsibility philosophy and practices in different European, North American, and Asian countries. This authored book helps readers to understand the corporate social responsibility practices in different countries and also provides a holistic picture of global CSR and emerging trends with the support of empirical studies. Covering topics including internationalization, Islamic CSR, green public procurement, CSR strategy, and sustainability, this book is essential for managers, executives, human resources managers, policymakers, academicians, researchers, students, and practitioners.

Edwin Mujih explores the difficulties associated with regulating multinational companies operating in developing countries, with a particular focus on extractive industries. The author highlights the need to establish an international legally binding framework to ensure that multinationals operate in a socially responsible manner to protect local communities and the environment. Edwin Mujih’s analysis reveals that the existing mechanisms for controlling the behaviour of huge multinational entities are of normative force only, that these are particularly inadequate, and that the notion of corporate social responsibility is only meaningful where behaviour can be legally regulated. Regulating Multinationals in Developing Countries features a study of the Chad and Cameroon Oil and pipeline project, which highlights the problems arising in countries that have neither the capacity nor the will to effectively regulate those operating within their borders. The author has evaluated compliance by the parties with their social and environmental obligations. He has found that, despite controversy surrounding inadequate regulation of this project in its incipient stages, the system that was put in place following huge opposition from the affected communities and from NGOs is worthy of attention and could stand as a model for similar projects elsewhere. This first title in Gower's Corporate Social Responsibility Series to approach CSR from a legal perspective provides insight not just into the complexity surrounding efforts to regulate multinationals operating in countries with weak regulatory regimes, but also into the fundamental nature of multinational corporations and the debate about different notions of CSR itself.

CSR encompasses broad questions about the changing relationship between business, society, and government. An authoritative review of the academic research that has both prompted, and responded to, these issues, the text provides clear thinking and perspectives on CSR and the debates around it.