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Corporate Social Responsibility (CSR) has not only become an important concept for corporate organizations but also civil society, community, state and the multilateral and bilateral development agencies. It has acquired great significance in the aftermath of the global financial crisis of 2008, not only in the advanced economies, but also in emerging and developing countries. In contemporary Pakistan problems of poverty, unemployment, illiteracy, and human rights violations are frequent. These problems cannot be dealt with by the state and civil society alone and call for corporate involvement. Backed by rich empirical data, based on extensive fieldwork and complemented with the official data sources, this book offers a detailed analysis of the socially responsible corporate policies and practices of companies operating in the emerging economy of Pakistan. Employing qualitative and quantitative research methods, it examines the sensitivity of companies in Pakistan to CSR measured in terms of their policies and perceptions about CRS, their CSR development activities, perceptions about development Non-Governmental Organisations, and channels and forms of support for development projects(both monetary and non-monetary). Filling a significant gap in our understanding of an important part of contemporary Pakistan’s development and the outlook of companies towards CSR, the book will be of interest to policymakers and scholars working in the fields of Development Studies, Business Studies and Asian Studies.
Corporate Social Responsibility (CSR) has not only become an important concept for corporate organizations but also civil society, community, state and the multilateral and bilateral development agencies. It has acquired great significance in the aftermath of the global financial crisis of 2008, not only in the advanced economies, but also in emerging and developing countries. In contemporary Pakistan problems of poverty, unemployment, illiteracy, and human rights violations are frequent. These problems cannot be dealt with by the state and civil society alone and call for corporate involvement. Backed by rich empirical data, based on extensive fieldwork and complemented with the official data sources, this book offers a detailed analysis of the socially responsible corporate policies and practices of companies operating in the emerging economy of Pakistan. Employing qualitative and quantitative research methods, it examines the sensitivity of companies in Pakistan to CSR measured in terms of their policies and perceptions about CRS, their CSR development activities, perceptions about development Non-Governmental Organisations, and channels and forms of support for development projects(both monetary and non-monetary). Filling a significant gap in our understanding of an important part of contemporary Pakistan’s development and the outlook of companies towards CSR, the book will be of interest to policymakers and scholars working in the fields of Development Studies, Business Studies and Asian Studies.
There is growing interest regarding the sustainability of communities. This volume offers a critical review of current trends around Corporate Social Responsibility and sustainability activities in developing economies. It is a must have for business practitioners, policy makers, experts in supranational organizations, academics and students.
Manuscript Type: Empirical Research Question/Issue: This research aims to comprehend the level of corporate social responsibility in Pakistan. The need of the hour is to assess and identify the coverage of the corporations toward its social responsibility. How much each of the elements has its contributions in achieving that level and how we can overcome all of these deficiencies? Research Findings/Insights: By archival data from different companies in Pakistan with a sample of 110 to 120 companies. We find that Pakistan has a moderate level of corporate social responsibility (a numeric value). And “social accountability and social investment” was the main variable contributing in scoring that level. We identify the most weakest and stronger sub variables that have a negative or positive impact on overall CSR in Pakistan. Society, company as well as government ought to effort jointly additional intimately for getting better creature answerability. Theoretical/Academic Implications: This research provides an empirical hold for the all the companies in Pakistan to improve their index of social accountability, ethics, human resource, environmental protection, corporate governance and finally corporate social responsibility. Practitioner/Policy Implications: This research offers imminent to executive level managers and Government concerned with maximizing of the level of corporate social responsibility in Pakistan. This gives a dimension or guide of company's accountability at country or community stage.
Corporate Social Responsibility (CSR) is an important element in creating competitive advantages for enterprises in different sectors. The authors guide readers through the different cases studies in order to present the benchmarking of international standards and CSR initiatives, as well as CSR performance evaluation practices. This book aims to identify current problems that can arise during CSR implementation in manufacturing and services companies. Moreover some best practice examples suitable for the introduction of CSR in the small and medium size companies will be described. The authors show how different stakeholders can benefit from sustainable resource management and pro-social behaviors. This book will be a valuable resource for both academics and practitioners who want to deepen their knowledge of CSR. This scientific monograph has been doubled blind reviewed.
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.
In the contemporary debate on the modern corporation and its impact on the economy, society and nation, the focus has shifted from growth with only profitability to growth with sustainable development, which includes the stakeholders. While there is considerable debate on the corporations' obligations to civil society in the Western world, in the developing countries the debate is sporadic; the present publication is an effort to initiate a nationwide discourse on the concepts and practices of corporate social action in India.The book is divided in two sections; section one contains papers, which analyze the conceptual framework of Corporate Social Responsibility. The unique feature of this book is the case studies on different aspects of CSR presented in section Two. The cases focus on such segments as education, healthcare and environment, among others. It is for the first time that under the aegis of UNDP-CII-AICTE-MDI the business schools in the country participated in preparing cases from various industries focusing on the process and decision making content implicit in the introduction, implementation, and evaluation of various facets of Corporate Social Responsibility. The cases are illustrative and they will help in identifying further areas of research. The teaching notes have been developed by the individual authors, and will be available on request.
Business and Development Studies: Issues and Perspectives provides a comprehensive collection of cutting-edge theoretical and empirical contributions to the emerging field of business and development studies. Compared to more traditional business-school accounts of business in developing countries which focus on the challenges and opportunities of doing business in developing countries, this anthology explores whether, how, and under what conditions business contributes to the achievement of economic, social, and environmental goals in developing countries. The book consolidates the current status of academic work on business and development, identifies state of the art in relation to this academic field, and establishes a future research agenda for ‘business and development studies’ as an emerging academic discipline within the social sciences. The book will be of interest to researchers and students, including economists, geographers, sociologists, political scientists, corporate social responsibility specialists, and development scholars who are seeking an in-depth overview of current debates about the role of business as a development agent in the Global South. The book is also of relevance to practitioners that are engaged in work with the private sector seeking to enhance the positive effects and minimize the negative economic, social, and environmental consequences of business activity in the Global South.
The decisions a corporation makes affect more than just its stakeholders and can have wide social, environmental, and economic consequences. This facilitates a business environment built around the practical regulations and transparency necessary to ensure ethical and responsible business practice. Corporate Social Responsibility: Concepts, Methodologies, Tools, and Applications is a vital reference source on the ways in which corporate entities can implement responsible strategies and create synergistic value for both businesses and society. Highlighting a range of topics such as company culture, organizational diversity, and human resource management, this multi-volume book is ideally designed for business executives, managers, business professionals, human resources managers, academicians, and researchers interested in the latest advances in organizational development.
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.