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Corporate Social Responsibility and Developing Countries
Mälardalen University, School of Sustainable Development of Society and Technology.ORCID iD: 0000-0001-6662-0403
Aalto Univ, Helsinki Sch Econ, Helsinki, Finland.
2009 (English)In: Corporate Social Responsibility and Environmental Management, ISSN 1535-3958, E-ISSN 1535-3966, Vol. 16, no 5, p. 237-249Article in journal (Refereed) Published
Abstract [en]

This paper draws attention to several corporate social responsibility (CSR) questions in developing countries. (1) Illustrations from, for example, South America and Africa, includ- ing African voices critical to foreign aid, show that societies are different in many respects. This implies different capacities of organizations and their managers to understand and address pressing CSR issues in different cultural contexts. (2) Weak institutional environ- ments, such as in developing countries, often harbor illicit fi nancial outfl ow from poor countries to rich ones. This strips developing nations of critical resources and contributes to failed states, a point hardly ever discussed in the CSR literature. We argue for corporate actions in areas such as enhancing capacity in detecting tax fraud, antitrust and the unveil- ing of corruption cases. Obviously, legislation is a task of politicians, governments and international governmental bodies. However, if business enterprises can ‘legally misuse’ the system, then the matter should be seen as a CSR issue also. There is thus an urgency for concerted efforts by the private sector, public sector and non-governmental organiza- tions to develop structures and institutions that contribute to social justice, environmental protection and poverty eradication.

Place, publisher, year, edition, pages
Wiley InterScience , 2009. Vol. 16, no 5, p. 237-249
Keywords [en]
corporate social responsibility (CSR); developing countries; context dependency; illicit money transfer; inclusive markets; fair trade
National Category
Business Administration
Research subject
Industrial Economics and Organisations
Identifiers
URN: urn:nbn:se:mdh:diva-9651DOI: 10.1002/csr.212ISI: 000281646800001Scopus ID: 2-s2.0-70349739026OAI: oai:DiVA.org:mdh-9651DiVA, id: diva2:321889
Available from: 2010-06-03 Created: 2010-06-02 Last updated: 2017-12-12Bibliographically approved

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Publisher's full textScopushttp://www3.interscience.wiley.com/cgi-bin/fulltext/122557911/PDFSTART

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