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Corporate Social Responsibility: Definition, Core Issues, and Recent Developments
by Brent D. BealThis unique supplemental text offers a well-structured and thorough introduction to corporate social responsibility (CSR). Author Brent D. Beal introduces the basic concept of CSR, briefly discusses the challenges of defining it, and summarizes important conceptual models. CSR is examined in the context of the perfect competition market model, market failure, and social dilemmas. Three different types of CSR—systemic, strategic, and philanthropic—are highlighted. Finally, arguments both for and against CSR are outlined and several conceptual frames are proposed. Readers are encouraged to think about what businesses should be responsible for in society and how a society’s economic system should be structured, bounded, and ultimately, controlled. This text is appropriate for any business course in which the introduction of CSR would complement other course content.
Corporate Social Responsibility: Readings and Cases in a Global Context
by Dirk Matten Laura Spence Andrew CraneAs a relatively young subject matter, corporate social responsibility has unsurprisingly developed and evolved in numerous ways since the first edition of this textbook was published. Retaining the features which made the first edition a top selling text in the field, the new edition continues to be the only textbook available which provides a ready-made, enhanced course pack for CSR classes. Authoritative editor introductions provide accessible entry points to the subjects covered - an approach which is particularly suited to advanced undergraduate and postgraduate teaching that emphasises a research-led approach. New case studies are integrated throughout the text to enable students to think and analyze the subject from every angle. The entire textbook reflects the global nature of CSR as a discipline and further pedagogical features include chapter learning outcomes; study questions; ‘challenges for practice’ boxes and additional ‘further reading’ features at the end of each chapter. This highly rated textbook now also benefits from a regularly updated companion website which features a brand new 'CSR Case Club' presenting students and lecturers with further case suggestions with which to enhance learning; lecture slides; updates from the popular Crane and Matten blog, links to further reading and career sites, YouTube clips and suggested answers to study questions. An Ivey CaseMate has also been created for this book at https://www.iveycases.com/CaseMateBookDetail.aspx?id=335.
Corporate Social Responsibility: The Co-Responsibility of Business along Global Supply Chains (BestMasters)
by Lilli Carlotta MauriceThis book attempts to clarify the social responsibility of business along global supply chains beyond mere profit maximisation as famously argued by Milton Friedman. In this context, corporate social responsibility (CSR) is understood as the responsibility of business to align corporate policies and procedures with commonly accepted ethical standards and to respect stakeholders’ rights in day-to-day business. As such, CSR is by no means voluntary but constitutes a fundamental prerequisite for companies to keep their license to operate for sustainaable growth and survival in an ever more competitive global market. Inspired by Germany' recent efforts to regulate global supply chains, Germany's Due Diligence Act is analysed in terms of its potential and limitations to promote responsible business practices and complemented by alternative approaches for more co-responsibility of business globally.
Corporate Social Responsibility: Verbindliche Standards des Wettbewerbsrechts? (MPI Studies on Intellectual Property and Competition Law #21)
by Reto M. Hilty Frauke Henning-BodewigIm Zuge der Finanz- und Wirtschaftskrise wird verstärkt diskutiert, welcher Mechanismen es bedarf, um die Interessen aller Marktteilnehmer im Wirtschaftsleben zu wahren. Große Bedeutung gewonnen hat dabei der Aspekt der ,,business ethics". So richten immer mehr Unternehmen sog. Compliance-Abteilungen ein, die die Einhaltung von unternehmensinternen Grundsätzen wie namentlich die der ,,Corporate Social Responsibility" (CSR) zur Aufgabe haben. Kaum untersucht ist bislang jedoch die rechtliche Verbindlichkeit solcher CSR-Standards, obgleich sie zunehmend von Unternehmen auf ihrer Website verkündet oder auf anderem Wege zu Public Relations- und Marketingzwecken - bis hin zur Werbung - eingesetzt werden. Sind CRS damit nur wohlklingende Absichtserklärungen, oder handelt es sich um rechtlich verbindliche Standards - und wenn ja, unter welchen Voraussetzungen entsteht ein Rechtsanspruch gegen Unternehmungen, wenn diese die sich selbst gegebenen Standards nicht einhalten? Anders gefragt: Gibt es ein ,,corporate right to lie", oder setzt das (deutsche, europäische, internationale) Recht Grenzen? Im Fokus steht hierbei das Recht zur Bekämpfung unlauteren Wettbewerbs, im deutschen Sprachgebrauch kurz auch Lauterkeitsrecht genannt, das in allen entwickelten Wirtschaftsnationen - wenn auch mit unterschiedlichem Ansatz - Markthandlungen unter dem Gesichtspunkt der ,,Fairness" überprüft. Die Autoren der Beiträge dieses Buches sind ausgewiesene Fachleute des Europa-, Wirtschafts- und Wettbewerbsrechts. Sie diskutieren auf der Grundlage rechtstatsächlicher Erkenntnisse alle mit der wettbewerbsrechtlichen Beurteilung von CSR zusammenhängenden Fragen, insbesondere unter Berücksichtigung der Rolle, die CSR für Unternehmen, Abnehmer und die Gesamtwirtschaft spielt. Auch die Vorstellungen anderer Rechtsordnungen und Kulturkreise sind einbezogen. Gefragt wird letztlich, ob es ein Unternehmerleitbild gibt, das die Beachtung ethischer Standards einschließt und das über das Lauterkeitsrecht auch rechtliche Verbindlichkeit erlangt. Mit Keynote von Gesine Schwan.
Corporate Social Responsibility: Win-win Propositions for Communities, Corporates and Agriculture
by Ramesh Singh S P Wani Dr K V Raju Anand K. Singh Aviraj Datta O. P. Chaturvedi S. K. Dasgupta Gajanan Sawargaonkar Girish Chander A.V.R. Kesava Rao Kaushal Garg Mukund Patil G. Pardhasaradhi K Srinivas Raghavendra Sudi Inder Dev Kiran J. Petare Nagaraju Budama Rajesh Nune A. N. Rao Prabhakar Pathak D.S. Prasad Rao C. Srinivasa RaoThis book examines the design and implementation of corporate social responsibility (CSR) activities in rural areas, based on collaboration between well-known corporates and an international research organization. Researchers used various scientific tools and methods to enhance rural livelihoods and improve sustainable natural resources management. Including three chapters covering the philosophy and practices of CSR, this book covers emerging policies and their implications in India. Eight case studies based on actual practices explore climate-resilient agriculture, water footprint, improving livelihoods, diversification of crop pattern, enhancing crop productivity, and sustainable development in low rainfall regions. Five further chapters cover soil health improvement, improving rural wastewater management and enhancing rural livelihoods, based on various case studies. The book offers macro and micro perspectives of CSR work and its critical benefits to both community and natural resources. This book covers: Philosophy and practices of corporate social responsibility. Impact studies on improving livelihoods and sustainable development of natural resources. Process steps across various CSR initiatives. Distinct features of each corporate agency. This book will be useful to corporates, individuals involved in CSR work as well as students and researchers focused on agricultural development and the sustainable development of natural resources.
Corporate Social Responsibility: Win-win Propositions for Communities, Corporates and Agriculture
by Ramesh Singh Anand K. Singh Aviraj Datta O. P. Chaturvedi S. K. Dasgupta Gajanan Sawargaonkar Girish Chander A.V.R. Kesava Rao Kaushal Garg Mukund Patil G. Pardhasaradhi K Srinivas Raghavendra Sudi Inder Dev Kiran J. Petare Nagaraju Budama Rajesh Nune A. N. Rao Prabhakar Pathak D.S. Prasad Rao C. Srinivasa RaoThis book examines the design and implementation of corporate social responsibility (CSR) activities in rural areas, based on collaboration between well-known corporates and an international research organization. Researchers used various scientific tools and methods to enhance rural livelihoods and improve sustainable natural resources management. Including three chapters covering the philosophy and practices of CSR, this book covers emerging policies and their implications in India. Eight case studies based on actual practices explore climate-resilient agriculture, water footprint, improving livelihoods, diversification of crop pattern, enhancing crop productivity, and sustainable development in low rainfall regions. Five further chapters cover soil health improvement, improving rural wastewater management and enhancing rural livelihoods, based on various case studies. The book offers macro and micro perspectives of CSR work and its critical benefits to both community and natural resources. This book covers: Philosophy and practices of corporate social responsibility. Impact studies on improving livelihoods and sustainable development of natural resources. Process steps across various CSR initiatives. Distinct features of each corporate agency. This book will be useful to corporates, individuals involved in CSR work as well as students and researchers focused on agricultural development and the sustainable development of natural resources.
Corporate Social Responsibility?: Human Rights in the New Global Economy
by John D. Kelly Charlotte Walker-SaidWith this book, Charlotte Walker-Said and John D. Kelly have assembled an essential toolkit to better understand how the notoriously ambiguous concept of corporate social responsibility (CSR) functions in practice within different disciplines and settings. Bringing together cutting-edge scholarship from leading figures in human rights programs around the United States, they vigorously engage some of the major political questions of our age: what is CSR, and how might it render positive political change in the real world? The book examines the diverse approaches to CSR, with a particular focus on how those approaches are siloed within discrete disciplines such as business, law, the social sciences, and human rights. Bridging these disciplines and addressing and critiquing all the conceptual domains of CSR, the book also explores how CSR silos develop as a function of the competition between different interests. Ultimately, the contributors show that CSR actions across all arenas of power are interdependent, continually in dialogue, and mutually constituted. Organizing a diverse range of viewpoints, this book offers a much-needed synthesis of a crucial element of today's globalized world and asks how businesses can, through their actions, make it better for everyone.
Corporate Social Strategy
by Bryan W. Husted David Bruce AllenCan good-will be good business? Firms are increasingly called upon to address matters such as poverty and human rights violations. The demand for corporate social responsibility (CSR) is directed mainly at top management in multinational corporations who are reminded that, in addition to helping to make the world a better place, their commitment to social action will be rewarded by lasting customer loyalty and profits. But is it true that firms that engage in social action will be rewarded with a good name, competitive advantage, superior profits and corporate sustainability? What if it is true for some firms and not for others? This book addresses these and other questions by explaining the how and why of creating value and competitive advantage through corporate social action. It shows how and when firms can develop successful corporate social strategies that establish strong commitments to shareholders, employees and other stakeholders.
Corporate Social and Human Rights Responsibilities
by Mette Morsing Karin Buhmann Lynn RoseberryThis book challenges the separation between CSR and law. It also demonstrates that BRHR may be gradually separating from CSR through emphasis on state obligations. Authors from around the world discuss how businesses engage in CSR and human rights, and how governments and intergovernmental organisations may support business in taking responsibility
Corporate Social in Emerging Economies: Reality and Illusion (Routledge Studies in Business Ethics)
by Cosmina Lelia Voinea Cosmin FratostiteanuOver the last few decades, emerging markets have increased their share in world GDP and have come to play a prominent and growing role in global business. Their period of impressive growth was triggered by major global advances such as economic liberalization and governance reforms and deregulation. As governments and policy makers have permitted global competition from the more advanced, developed world, the prospect of millions of consumers in developing countries not only encourages locals to start businesses, but also appeals to multinational enterprises overseas. The growing presence of emerging markets on the world stage has not been left unnoticed and many investors have contributed significant amounts of capital with the hope of receiving major financial gains. In this context, emerging markets are particularly facing sustainability challenges due to their fast growing pace and fuzzy or inexistent sustainability regulations. Corporate Social Responsibility in Emerging Economies represents a realistic critical overview of the state of affairs of CSR in the context of an emerging economy. It is an accessible and comprehensive diagnostic point of reference for the academic world as well as for policy makers. The topic of CSR is highly relevant for the business world and a challenging subject for the theory and literature. This is a unique book that offers new empirical insights for policy makers and scholars of the fields of CSR, Business Ethics, Organizational Studies and related disciplines
Corporate Solutions at Jones Lang LaSalle
by Ranjay Gulati Lucia MarshallPeter Barge, CEO of the newly created Corporate Solutions Group of Jones Lang LaSalle (JLL), is executing a restructuring of the U.S. corporate real estate services division that will enable the company to offer its clients integrated solutions. Barge has created an account management function to coordinate the activities of the three, product-based business units which, until now, have operated autonomously. As he is executing the restructuring, Bank of America, an important account of the firm, announces its intention to reduce its providers to the two or three who can offer forward-looking, integrated services. While Barge's new organization is not yet fully in place, he is determined to win the Bank of America business, and moves quickly to hire a senior account manager and establish an organizational architecture that will encourage collaboration within his group. The case examines the many tradeoffs Barge must make in balancing the benefits of the former organization with those of the new structure to achieve the firm's strategic goal of becoming more customer solutions oriented.
Corporate Sovereignty: Law and Government under Capitalism
by Joshua BarkanRefinery explosions. Accounting scandals. Bank meltdowns. All of these catastrophes—and many more—might rightfully be blamed on corporations. In response, advocates have suggested reforms ranging from increased government regulation to corporate codes of conduct to stop corporate abuses. Joshua Barkan writes that these reactions, which view law as a limit on corporations, misunderstand the role of law in fostering corporate power.In Corporate Sovereignty, Barkan argues that corporate power should be rethought as a mode of political sovereignty. Rather than treating the economic power of corporations as a threat to the political sovereignty of states, Barkan shows that the two are ontologically linked. Situating analysis of U.S., British, and international corporate law alongside careful readings in political and social theory, he demonstrates that the Anglo-American corporation and modern political sovereignty are founded in and bound together through a principle of legally sanctioned immunity from law. The problems that corporate-led globalization present for governments result not from regulatory failures as much as from corporate immunity that is being exported across the globe. For Barkan, there is a paradox in that corporations, which are legal creations, are given such power that they undermine the sovereignty of states. He notes that while the relationship between states and corporations may appear adversarial, it is in fact a kind of doubling in which state sovereignty and corporate power are both conjoined and in conflict. Our refusal to grapple with the peculiar nature of this doubling means that some of our best efforts to control corporations unwittingly reinvest the sovereign powers they oppose.
Corporate Stewardship: Achieving Sustainable Effectiveness
by Susan Albers Mohrman Edward E. Lawler III James O'TooleStewardship entails a profound understanding and acceptance of the challenges that result from the organization’s interdependence with the societal and ecological contexts in which it operates—and of what it takes to embrace the challenges to be a force for building a viable future. This book dares to ask ‘why’ business leaders should embrace stewardship in the current market where profit reigns supreme. A shift in approach represents fundamental change for the corporate world, and even the most advanced corporations consider themselves to be in the starting block of this transition. The book sets out the practical ways in which corporate stewardship can be achieved through embedding new approaches across the different functions of a business. This book, written by the leading thinkers in sustainability research, provides practical guidance on how companies can resolve the paradoxical challenges they face. How can they be at the same time profitable and responsible, effective and ethical, sustainable and adaptable? It explores what businesses are doing, what they can and should do to effectively respond to external challenges, and focuses on how leaders can create cultures, strategies, and designs far beyond “business as usual”.Stewards must not only make proper current use of that which they hold in trust, they also must leave it in better condition for use by future generations. Corporate Stewardship challenges managers, executives, and directors of global corporations to think and act as stewards of both their organizations and the physical and social environments in which they operate.
Corporate Strategies in Recession and Recovery: Social Structure and Strategic Choice (Routledge Revivals)
by Richard WhittingtonFirst published in 1989, this book is based on detailed comparative case studies of eight firms’ responses to the recession of the early 1980s, the worst crisis for British manufacturing in the post-war period. Following these companies’ progress from 1979 to 1985, Whittington examines the various recession strategies they adopted and the consequences of these for management change and financial performance in the recovery. Drawing on the Realist social theory of Roy Bhaskar, Whittington argues that the class, gender, generation and ethnicity of the decision-makers involved in the eight case studies collectively made an impact on their strategic choices. This is a timely and practical reissue, which will be of value to students, managers and academics concerned with strategic management, developments in organizational theory, and the current economic climate.
Corporate Strategy
by Phanish Puranam Puranam, Phanish and Vanneste, Bart Bart VannesteMany companies are not single businesses but a collection of businesses with one or more levels of corporate management. Written for managers, advisors and students aspiring to these roles, this book is a guide to decision-making in the domain of corporate strategy. It arms readers with research-based tools needed to make good corporate strategy decisions and to assess the soundness of the corporate strategy decisions of others. Readers will learn how to do the analysis for answering questions such as 'Should we pursue an alliance or an acquisition to grow?', 'How much should we integrate this acquisition?' and 'Should we divest this business?'. The book draws on the authors' wealth of research and teaching experience at INSEAD, London Business School and University College London. A range of learning aids, including easy-to-comprehend examples, decision templates and FAQs, are provided in the book and on a rich companion website.
Corporate Strategy (Remastered) I: High Performance Strategy and Leadership in a Volatile, Disrupted World
by Paul HunterSince 2000, more than half of the Fortune 500 companies have either gone bankrupt, been acquired, or are experiencing stagnation or decline as a result of extreme digital and social disruption. In recognition of this dilemma, Corporate Strategy (Remastered) was developed and designed to assist even the most experienced strategy practitioner tackle disruption and all aspects of change head on. This is the first book in the series; it provides a prescriptive solution to the way all approaches to strategy should be practiced. It embodies a context we refer to as Third Wave Strategy and its construct, a fully integrated Strategic Management Framework. The second volume is a fieldbook; it describes the methods and means to ensure successful implementation. An illustration of Third Wave Strategy in practice is reflected in a description of strategy deployed by the highly successful Amazon corporation. Many of the components of strategy that are included in the framework will already be familiar to the reader, while others are very new. Each of the individual components discussed are supported by examples drawn from real-life case studies. The overall value of the book is its representation of a fresh, holistic, dynamic and systemic approach to strategy in a format that, frankly, hasn’t existed before. In this book, readers are also introduced to many of the soft/human elements of strategy – the primary components that make it work. Examples of topics addressed include open strategy; communities of strategy practice; reframing; sponsive strategic thinking; systemic, cognitive strategy practice; organisational learning; and strategic business intelligence.
Corporate Strategy (Remastered) II: A Fieldbook Implementing High Performance Strategy and Leadership
by Paul HunterSince the onset of the Fourth Industrial Revolution numerous corporations have found that traditional ‘strategic planning’ is ineffectual in responding to, or capitalising on, unforeseen or unexpected change. In recognition of this and associated symptoms of inertia, bankruptcy or worse, this fieldbook was written for the purpose of guiding strategy practitioners through their intended or unintended journey into the future by providing meaningful strategy practices that enable responses to disruption and more importantly, better strategy practices overall. With a focus on strategy practice (‘doing’ strategy), this book represents a ‘how-to’ of Third Wave Strategy as defined in detail in the introductory book Corporate Strategy (Remastered) I. In addition to a description of methods that contribute to the philosophy of Third Wave Strategy, readers will witness the experiences of a virtual illustrative company that is travailing the same journey of organisational transformation and renewal that the methodologies described in this book also seek to address. The overall value of the book, therefore, is its ability to relate theory to practice in a factual and experiential format. A key part of the use of the virtual case study based on the illustrative Third Wave Industries (T-wI) Corporation is the blending of the system and process mechanisms that are a part of Third Wave Strategy and its framework, the strategy tools and techniques that are drawn from new and existing strategy practice and the soft issues that are represented by the human responses to change, as well as the management of change enacted in a corporate environment.
Corporate Strategy and Structure: Historical Perspective
by Robert S. Kaplan David P. NortonOrganizations have struggled for more than a century to find the ideal structures to manage their strategies. From Adam Smith's prototypical pin factory to the strategy-focused organization, this chapter provides an historical perspective on the evolution of the organization, illuminating how Balanced Scorecard innovation enables companies to design their operating systems to align structure with strategy.
Corporate Strategy and Sustainability: From Excellence to Fraud
by Peter N. NemetzCorporate Strategy and Sustainability is a substantially updated, detailed overview of sustainability issues for business and economics students. Built to teach the evolution of the history of sustainability practices, this edition has expanded coverage of social sustainability issues, non-Western perspectives and sustainable supply chains. Rich in cases, these too have been updated to demonstrate best practice and the practical application of theory. Extensive discussions of tools show how incorporate sustainability issues apply to strategic decision making. The book accentuates the value and importance of a strong sustainability approach in an age of climate change emergency. This textbook is an ideal companion to instructors and students of sustainability in business, economics and management.
Corporate Strategy at Berkshire Partners
by Julie M. Wulf Scott WaggonerThe managing directors of Berkshire Partners, a mid-sized private equity firm, address strategic and organizational challenges in response to turbulent market conditions, rapid firm growth, and the transition of leadership from its founding partners to the next generations. To address some of these dynamics, and to protect Berkshire's corporate advantage, the managing directors established three executive oversight committees, developed new specialized corporate functions, and incubated an internal hedge fund group. Students are given the opportunity to assess Berkshire's recent changes in corporate strategy and organizational design and to formulate recommendations going forward.
Corporate Strategy in the Age of Responsibility
by Peter McMannersAs the era of ever expanding markets and ample resources ends, governments and business will have to behave differently. The world is facing weak economic growth, limits to affordable resources and increasing concerns about environmental consequences. During the boom times, governments championed de-regulation and business responded by adopting an anything-goes attitude. In these straitened times, strategic analysis has to engage with the challenges that society faces to create resilient corporations fit for the 21st century. In Corporate Strategy in the Age of Responsibility, Peter McManners, who has for nine years run strategy workshops on the Henley MBA focusing on the global business environment, sets about providing a strategic framework for navigating the new economic environment. Chief Sustainability Officers (CSOs) now exist, but they struggle to find the strategic rationale for the improvements they champion. The author argues that their good intentions often lack traction, partly because others in management don’t get it, but also because they are not ambitious enough. The book is not about preaching semi-charitable behaviour or how to enhance the reputation of the corporation instead it is about surviving and thriving in a challenging and changing environment. A corporate audience familiar with strategy books will relate to this book, but will find it steers them towards radically new strategic thinking suitable for a turbulent period of transition.
Corporate Strategy: A Conceptual Framework
by David J. CollisProvides a conceptual framework for the study of corporate strategy. First describes previous perspectives on corporate strategy and then develops a framework of four elements: resources, tasks, structure, and industries. This framework can be used to explain the value corporations add to their businesses, how they should be organized, and the limit to the scope of the firm. Finally, describes four steps involved in the formulation of a corporate strategy.
Corporate Strategy: A Conceptual Framework
by David J. CollisProvides a conceptual framework for the study of corporate strategy. First describes previous perspectives on corporate strategy and then develops a framework of four elements: resources, tasks, structure, and industries. This framework can be used to explain the value corporations add to their businesses, how they should be organized, and the limit to the scope of the firm. Finally, describes four steps involved in the formulation of a corporate strategy.
Corporate Strategy: A Feminist Perspective (Routledge Research in Strategic Management)
by Angelique Du-ToitThis book takes a fresh look at corporate strategy, exploring it from a feminist perspective. Challenging male-dominated theory, Corporate Strategy looks at unquestioned assumptions held about strategy in practice and academia, including whether women approach strategy differently from men, and if so, how their approach differs? Reviewing the histories of strategy and feminism, the book explores the reasons why so few serious works on strategy have been written by women, and investigates the continued lack of women at senior levels within many organizations. Angélique du Toit draws on postmodern arguments to illustrate the claims made for the necessity of diversity within organizations, and challenges the fact that positions of power, both in society and organizations remain the exclusive right of men. Corporate Strategy argues that if an organization is to survive and succeed in the global economy, it has to pay more than lip service to issues surrounding diversity.