Boundary of accountability and the process of constructing political CSR; an ANT perspective

Purpose This paper aims to investigate the political involvement of a corporate foundation (CF) though CSR under two perspectives: CF managers and the sponsor firm managers. Design/methodology/approach A single case with a Brazilian CF was conducted. Interviews with sponsor firms and foundations managers were combined with firms’ sustainability reports data and CF’s website information. Findings It was found that CF acts as an ambassador and can be a source of political legitimacy for their sponsor firm. They intermediate in governance challenges as the goals and working style of the CF, firms and municipalities can be sometimes antagonistic. Research limitations/implications The authors could not reach the municipalities officials and their perception of the Public Management Program (PMP). Practical implications The PMP creates personal and organizational relationships with public officials, a resource that can be employed to impact the political strategies of the sponsor firm. Social implications The authors also show how CF’s may help managers to deal with the typical Brazilian peculiarity of policy discontinuity in local governments. Originality/value This case study sheds light a new phenomenon: CF’s support on public management. It adds to the CSR and corporate political activities literature, the role of foundations as ambassadors of the relationship between the firm, government and society. They are not only filling gaps left by the State but are also dealing with local governments administrative deficiencies.

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Does board independence moderate the effect of politician directors on CSR disclosure? Evidence from the publicly listed banks in Bangladesh

Social Responsibility Journal ◽

10.1108/srj-08-2020-0320 ◽

2021 ◽

Vol ahead-of-print (ahead-of-print) ◽

Author(s):

Md. Harun Ur Rashid ◽

Syed Zabid Hossain

Keyword(s):

Negative Impact ◽

Generalized Method Of Moments ◽

Least Square ◽

Annual Reports ◽

Independent Directors ◽

Board Independence ◽

Content Type ◽

Political Csr ◽

Csr Disclosure

Purpose This study aims to investigate the moderating effect of independent directors on the relationship between politicians on the board and corporate social responsibility disclosure (CSRD). Design/methodology/approach The ordinary least square has been used to analyze the CSRD data collected from the annual reports of all 30 listed banks of Bangladesh covering six years period ranging from 2013–2018. Further, the study has applied the generalized method of moments to prove the robustness of the model across the endogeneity issue. Findings The study found a positive relationship between board independence and CSRD that indicates board independence enhances the CSRD to a great extent. On the contrary, the inclusion of politicians on the board has shown a negative impact on CSRD that implies the higher the presence of political members on the board of a bank, the lower the involvement of the bank in CSR activities. However, board independence positively and significantly moderates the politician directors on the CSRD. The findings imply that if the independent directors are empowered, they play the role of whistleblowers that, in turn, mitigates the negative role of politician directors to CSRD. Research limitations/implications The study suggests the banks’ management, and regulatory bodies formulate sound policies so that the banks are forced to include more independent directors with enough power and at the same time, reduce the politician directors on the board. Originality/value The study extends debate on the political CSR and CSRD through validating the role of board independence.

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Dissent in Consensusland: An Agonistic Problematization of Multi-stakeholder Governance

Journal of Business Ethics ◽

10.1007/s10551-019-04398-z ◽

2019 ◽

Vol 164 (4) ◽

pp. 683-699 ◽

Cited By ~ 2

Author(s):

Martin Fougère ◽

Nikodemus Solitander

Keyword(s):

Sustainable Development ◽

Civil Society ◽

Palm Oil ◽

Pressure Response ◽

Business And Society ◽

Transnational Governance ◽

Political Csr ◽

Democratic Control ◽

Building Safety ◽

Multi Stakeholder

AbstractMulti-stakeholder initiatives involve actors from several spheres of society (market, civil society and state) in collaborative arrangements to reach objectives typically related to sustainable development. In political CSR literature, these arrangements have been framed as improvements to transnational governance and as being somehow democratic. We draw on Mouffe’s works on agonistic pluralism to problematize the notion that consensus-led multi-stakeholder initiatives bring more democratic control on corporate power. We examine two initiatives which address two very different issue areas: the Roundtable on Sustainable Palm Oil (RSPO) and the Bangladesh Accord on Fire and Building Safety (The Accord). We map the different kinds of adversarial relations involved in connection with the issues meant to be governed by the two initiatives, and find those adversarial relations to take six main shapes, affecting the initiatives in different ways: (1) competing regulatory initiatives; (2) pressure-response relations within multi-stakeholder initiatives; (3) pressure-response relations between NGOs and states through multi-stakeholder initiatives; (4) collaboration and competition between multi-stakeholder initiatives and states; (5) pressure-response relations between civil society actors and multi-stakeholder initiatives; and (6) counter-hegemonic movements against multi-stakeholder initiatives as hegemonic projects. We conclude that multi-stakeholder initiatives cannot be democratic by themselves, and we argue that business and society researchers should not look at democracy or politics only internally to these initiatives, but rather study how issue areas are regulated through interactions between a variety of actors—both within and without the multi-stakeholder initiatives—who get to have a legitimate voice in this regulation.

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