Recommendations

2018 ◽  
pp. 263-280
Keyword(s):  
Social Responsibility ◽  
Global Governance ◽  
Institutional Support ◽  
Expert Interviews ◽  
Business Plans ◽  
Public Servant ◽  
Social Conduct ◽  
Corporate Social ◽  
Stakeholder Consensus

The recommendations target advancing corporate and financial social responsibility as prerequisites of sustainable financial sucess. The findings of public servant expert interviews about CSR outline the importance of global governance of corporate social conduct. Based on stakeholder consensus, governments may craft CSR frameworks that are backed up by institutional support. Corporations should educate leaders to adopt social responsibility policies in business plans. Accountability and transparency advance CSR.

Empirical Part

2018 ◽  
pp. 154-190
Keyword(s):  
Social Responsibility ◽  
Behavioral Economics ◽  
Global Governance ◽  
Social Service ◽  
Expert Interviews ◽  
Public And Private ◽  
Social Responsibilities ◽  
Start Up ◽  
Private Actors ◽  
The Impact

The empirical investigation is targeted at describing corporate and financial social responsibilities within market systems with a special attention to global governance provision under the auspice of international organizations. Expert interviews on CSR and SRI aim at understanding social welfare notions of public and private actors. The innovative combination of corporate and government in PPP social service provision will be analyzed with a focus on the network start-up phase. The impact of political divestiture as a means of financial social responsibility, but also measurement impediments will be subject to scrutiny. The exploration of social and psychological SRI motives will complement classic finance theories by behavioral economics insights.

Corporate Social Responsibility and Theories of Global Governance

2009 ◽  
Author(s):  
David L. Levy ◽  
Rami Kaplan
Keyword(s):  
Decision Making ◽  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Multinational Corporations ◽  
Global Governance ◽  
Codes Of Conduct ◽  
New Governance ◽  
Contested Terrain ◽  
Corporate Social

This article develops a framework in which corporate social responsibility (CSR) represents the contested terrain of global governance. The rise of CSR is one of the more striking developments of recent decades in the global political economy. Calls for multinational corporations (MNCs) to demonstrate greater responsibility, transparency, and accountability are leading to the establishment of a variety of new governance structures—rules, norms, codes of conduct, and standards—that constrain and shape MNCs' behavior. CSR is thus not just a struggle over practices, but over the locus of governance authority, offering a potential path toward the transformation of stakeholders from external observers and petitioners into legitimate and organized participants in decision-making. This article points to two distinct perspectives on CSR; as a more socially embedded and democratic form of governance that emanates from civil society, or alternatively, as a privatized system of corporate governance that lacks public accountability.

scholarly journals A critical perspective on corporate social responsibility

2014 ◽  
Vol 10 (1/2) ◽  
pp. 84-95 ◽  
Author(s):  
Subhabrata Bobby Banerjee
Keyword(s):  
Decision Making ◽  
Political Economy ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Global Governance ◽  
Theoretical Development ◽  
The Political ◽  
Content Type ◽  
Governance Framework ◽  
Corporate Social

Purpose – The purpose of this paper is to argue that there are structural and functional limits to corporate social responsibility (CSR) that determine the boundary conditions of corporate social initiatives. The current preoccupation with win-win situations in CSR may not serve societal interests. For CSR to produce social outcomes that are not necessarily constrained by corporate rationality there needs to be a change in the normative framework of public decision making at the institutional level. The author develops a global governance framework for CSR that provides more democratic forms of decision making in the political economy that will enable corporate social responsibility to overcome the constraints imposed by corporate rationality. Design/methodology/approach – This is a conceptual paper and critique. Findings – The author develops a global governance framework for CSR that provides more democratic forms of decision making in the political economy that will enable corporate social responsibility to overcome the constraints imposed by corporate rationality. Originality/value – The paper contributes to theoretical development of CSR.

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