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Interal Res journa Managt Sci Tech, aabid naik
Corporate social responsibility (CSR) refers to strategies corporations or firms conduct their business in a way that is ethical, society friendly and beneficial to community in terms of development. This article analyses the meaning of CSR based on some theories available in literature. It is argued that three theories namely utilitarian, managerial and relational theories of CSR supported by works of other scholars in the area could be used to suggest that CSR becomes an international concern due to globalized nature of business that knows no border. CSR is evolving in its meaning and practice. The article then discusses the role of CSR in community development because the very logic of CSR is towards seeing its impact in community socially, environmentally and economically. Competencies required by CSR managers are also analyzed in order to have a better understanding of the practical aspects of CSR. Finally, conclusions and implications for future research are discussed.
Corporate Social Responsibility and Its Role in Community Development: An International Perspective
Hemanta Thapa
Corporate social responsibility (CSR) refers to strategies corporations or firms conduct their business in a way that is ethical, society friendly and beneficial to community in terms of development. This article analyses the meaning of CSR based on some theories available in literature. It is argued that three theories namely utilitarian, managerial and relational theories of CSR supported by works of other scholars in the area could be used to suggest that CSR becomes an international concern due to globalized nature of business that knows no border. CSR is evolving in its meaning and practice. The article then discusses the role of CSR in community development because the very logic of CSR is towards seeing its impact in community socially, environmentally and economically. Competencies required by CSR managers are also analyzed in order to have a better understanding of the practical aspects of CSR. Finally, conclusions and implications for future research are discussed.
Investing in Social Responsibility: Corporate-Community Engagement in Cebu City, Philippines
Francisco A Magno
Corporate Social Responsibility and its Effect on Community Development: An Overview
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Ahmad Masum
EFFECTIVE CORPORATE SOCIAL RESPONSIBILITY PARTNERSHIPS FOR POVERTY REDUCTION THROUGH COMMUNITY DEVELOPMENT IN INDONESIA Legal Precedents for CSR Partnerships between Private Sector and Civil Society Organisations
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Asian Social Science
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Third World Quarterly
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Cee Jay
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Nattavud Pimpa
International Affairs
Critical perspectives on CSR and development: what we know, what we don't know, and what we need to know
2006 •
Chandra Bhushan
The May 2005 issue of International Affairs addressed the theme of critical perspectives on Corporate Social Responsibility (CSR) in the developing world. The aim of this article is to take the debate a step further. Five researchers and practitioners on corporate social responsibility and development in various regions in the developing world—Central America, Pakistan, China, Vietnam, Argentina and India—using knowledge gained by their empirical research, argue that the management-oriented perspective on CSR and development is one-sided. While recognizing that critical approaches to the question have emerged, there is still a need to know which issues should form part of a critical research agenda on CSR and development.In this article the authors seek to fill this gap in order to facilitate a more in-depth investigation of what CSR initiatives can or cannot achieve in relation to improving conditions of workers and communities in the global South. They suggest that a critical research agenda on CSR and development should encompass four areas: a) the relationship between business and poverty reduction; b) the impact of CSR initiatives; c) governance dimensions of CSR; and d) power and participation in CSR. Such an alternative critical approach focuses on society's most vulnerable groups and adopts a ‘people-centred’ perspective as a counterbalance to the dominant ‘business case’ perspective. The authors conclude that this has significant implications for CSR practice.