Managing Corporate Responsibility in Emerging Markets

Managing Corporate Responsibility in Emerging Markets PDF Author: Jenik Radon
Publisher:
ISBN: 9781606496305
Category : Business & Economics
Languages : en
Pages : 180

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Book Description
There are admittedly, a fair number of books on CSR. However few address the concept through down-to-earth, practical examples. Managing Corporate Responsibility in Emerging Markets: Issues, Cases and Solutions attempts to fill this gap by initiating International Managers into rethinking and retooling the concept of CSR: by highlighting how ignoring socially and environmentally responsible behavior in their organization's business practices can not only result in poor public relations but can create real and costly risks. The six issue areas covered-the environment, piracy, complicity and bribery, treatment of minorities/local communities and supply chain management-are merely the tip of the iceberg. They are chosen to illustrate how the actions of organizations can create both social calamities and environmental hazards, along with business risks, when organizations fail to integrate real corporate responsibility into their daily business activities. Focus is placed on the extractive industry due to the global nature of its business activities. Managing Corporate Responsibility in Emerging Markets: Issues, Cases and Solutions takes a case study approach towards illustrating how the lack of forethought and planning by oil and gas and mining companies, can lead to environmental hazards as in the case of Chevron in the Amazon in Ecuador, or lead to accusations of complicity in human rights violations as in the cases of the Royal Dutch Company and the Union Oil Company of California (Unocal). The case study approach also illustrates how good practices of companies such as Starbucks, Vale Inco, and Chevron in New Guinea, can provide examples of how forethought and careful planning can create both social/environmental good and a sustainable and profitable business. All case studies will have the following structure: (1) description, (2) critical analysis with questions examining the situation, (3) lessons learned and (4) recommendations

Managing Corporate Responsibility in Emerging Markets

Managing Corporate Responsibility in Emerging Markets PDF Author: Jenik Radon
Publisher:
ISBN: 9781606496305
Category : Business & Economics
Languages : en
Pages : 180

Get Book Here

Book Description
There are admittedly, a fair number of books on CSR. However few address the concept through down-to-earth, practical examples. Managing Corporate Responsibility in Emerging Markets: Issues, Cases and Solutions attempts to fill this gap by initiating International Managers into rethinking and retooling the concept of CSR: by highlighting how ignoring socially and environmentally responsible behavior in their organization's business practices can not only result in poor public relations but can create real and costly risks. The six issue areas covered-the environment, piracy, complicity and bribery, treatment of minorities/local communities and supply chain management-are merely the tip of the iceberg. They are chosen to illustrate how the actions of organizations can create both social calamities and environmental hazards, along with business risks, when organizations fail to integrate real corporate responsibility into their daily business activities. Focus is placed on the extractive industry due to the global nature of its business activities. Managing Corporate Responsibility in Emerging Markets: Issues, Cases and Solutions takes a case study approach towards illustrating how the lack of forethought and planning by oil and gas and mining companies, can lead to environmental hazards as in the case of Chevron in the Amazon in Ecuador, or lead to accusations of complicity in human rights violations as in the cases of the Royal Dutch Company and the Union Oil Company of California (Unocal). The case study approach also illustrates how good practices of companies such as Starbucks, Vale Inco, and Chevron in New Guinea, can provide examples of how forethought and careful planning can create both social/environmental good and a sustainable and profitable business. All case studies will have the following structure: (1) description, (2) critical analysis with questions examining the situation, (3) lessons learned and (4) recommendations

Responsible Management in Emerging Markets

Responsible Management in Emerging Markets PDF Author: Eric Kwame Adae
Publisher: Springer Nature
ISBN: 3030765636
Category : Business & Economics
Languages : en
Pages : 397

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Book Description
Responsible Management in Emerging Markets: A Multisectoral Focus is in response to the dearth of literature on responsible management in emerging economies. It discusses diverse themes at the intersection of corporate social responsibility (CSR), green business (marketing) and sustainability management, with the view to addressing some begging issues in responsible management. Hinged on the centrality of SDG 12 (responsible production and consumption), this volume focusses on how businesses, nations, and continents across the globe can actualize a sustainable paradigm, now and in the future. It offers fresh theoretical, policy, and managerial insights into the complex processes and relationships that mediate businesses’ ability to deliver on their social development promise, through sustainability and green initiatives. This book discusses some forward and backward linkages between the emerging economy context and responsible management. Featuring cognate topics on CSR, green marketing, green fashion and green entrepreneurship, it offers a Sustainable Development Roadmap (SDR) that is applicable for businesses in emerging economies. This volume is a valuable resource for professionals and academics in emerging economies who desire to understand how firms are demonstrating responsible management through green initiatives, corporate social responsibility and sustainable policies and practices.

Corporate Governance and Corporate Social Responsibility

Corporate Governance and Corporate Social Responsibility PDF Author: Sabri Boubaker
Publisher: World Scientific
ISBN: 9814520381
Category : Business & Economics
Languages : en
Pages : 613

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Book Description
While emerging market economies do not have a mature market structure yet, there is a need for research on corporate governance practices in these economies from different perspectives, including corporate social responsibility. Corporate Governance and Corporate Social Responsibility: Emerging Markets Focus fills the gap with a collection of high-quality research and policy-based papers addressing these issues, using various market cases as illustrations. Unlike previous books that often focused on one or several emerging markets, this book covers a much broader set of countries and tackles ethical, legal and societal aspects of corporate governance, beyond financial issues. It also discusses how companies work towards best corporate governance practices, particularly, in the aftermath of recent financial and economic crises. Readers will benefit from the wide range of theoretical, empirical, and case analyses, selected with care to reflect cutting-edge corporate governance and corporate social responsibility issues in countries with emerging markets. Contents: Corporate Governance: Legal Framework and Codes of Best Practices: Corporate Governance Bundles for Emerging Markets (Rahul Bedi and Darshan Desai); OC GoodOCO Corporate Governance in Transformation Countries OCo A Comparison of Experts' Perceptions in East Germany, Estonia and Hungary (Thomas Steger, Ruth Alas and Klliki Tafel-Viia); Corporate Governance, Policies and Public Listing: The Case of Chinese State-owned Enterprises (Zigan Wang); Corporate Governance in Turkey: The Case of Borsa Istanbul 50 Companies (Esra Nemli Caliskan and Basak Turan Icke); Barriers to Effective Corporate Governance Reforms: Corruption and the Peculiar Case of Nigeria (Ngozi Okoye); The Brazilian Fiscal Council OCo Protecting Minority Shareholders in a Weak Legal System (Jairo Laser Procianoy and Roberto Frota Decourt); Using Market Incentives to Move Beyond Law and Regulation in Emerging Markets OCo The Case for Corporate Governance Stock Exchange Indices (Andreas Grimminger); Corporate Governance: Some Country Experiences: The Audit Committee in the EU Emerging Countries (Daniela M Salvioni, Francesca Gennari, Luisa Bosetti and Alex Almici); Great Expectations from Pension Fund Activism: Insight from Poland (Agnieszka Seomka-GoeObiowska); Ownership Structure and Directors' Compensation Disclosure in Malaysia (Elinda Binti Esa and Abdul Rahman Zahari); Corporate Governance, Performance and Liquidity Risk of West African Economic and Monetary Union (WAEMU) Banks (Alassane Ouattara, Luc Paugam and Olivier Ramond); Board Composition and Company Performance: A Study of Sub-Saharan African Countries (Gibson Munisi); Emerging Markets Banks Ownership and Performance: Evidence from China (Xiaoxi Zhang and Kevin Daly); Corporate Governance in Romania: Theories and Practices (Gheorghe N Popescu, Veronica Adriana Popescu and Cristina Raluca Popescu); Corporate Social Responsibility: Corporate Governance and Corporate Social Responsibility in Financial Institutions: Evidence from Islamic Banks (Hisham Farag); Is Corporate Governance Related to Corporate Social Responsibility? The Case of South Africa (Idoya Ferrero-Ferrero, Mar a ungeles Fernindez-Izquierdo, Mar a Jess Muoz-Torres, Juana Mar a Rivera-Lirio, Ral Len-Soriano and Elena Escrig-Olmedo); Achieving Corporate Governance and Corporate Social Responsibility in an Emerging Market through Gender Diversity on Boards in India (Sharon Ayson); Executive Compensation in Emerging Markets: Theoretical Developments and Empirical Evidence (Yongli Luo); Placing Stakeholder Theory within the Debate on Corporate Social Responsibility (Tarek Miloud); Corporate Governance and Corporate Social Responsibility Reporting: Empirical Evidence from Bangladesh (Pallab Kumar Biswas). Readership: Policymakers, professionals, academics, and graduate students in law, economics, management and finance, organizations promoting best governance practices in emerging countries, investors, as well as those interested in corporate governance, corporate finance, and business and management. Key Features: Addresses current issues and cutting-edge trends in corporate governance and corporate social responsibility within economies with emerging markets; Sheds light on how companies adopt and move towards best corporate governance practices, especially in the aftermath of recent crises; Illustrates corporate governance theories with real business cases and assesses the effects of various governance practices on corporate behavior"

Corporate Social in Emerging Economies

Corporate Social in Emerging Economies PDF Author: Cosmina Lelia Voinea
Publisher: Routledge
ISBN: 1351621955
Category : Business & Economics
Languages : en
Pages : 181

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Book Description
Over 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

CSR Strategies

CSR Strategies PDF Author: Sri Urip
Publisher: John Wiley & Sons
ISBN: 0470826290
Category : Science
Languages : en
Pages : 262

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Book Description
Globalization has changed the nature of many markets. Previously protected local industries have been forced to become more competitive, a situation that provides both opportunities and challenges. Key among these is the challenge of implementing responsible business practices. Corporate social responsibility (CSR) is widely recognized as a worthy commitment to ensure sustainable benefit for both corporations and communities. CSR is also becoming an important base for businesses to build trust and confidence in their stakeholders, with the potential to provide a competitive edge. To ensure sustainable growth opportunities, companies should pursue the three key dimensional values of creation: Profit People Planet Well defined and strategic CSR activities will ensure an optimum balance between social, environmental, and economic factors for sustainable profits. Hence, CSR has to be embedded within the business strategy to provide a competitive edge in the areas of brand equity, corporate reputation, employee retention, and environmental conservation. Although the principles of CSR are essentially the same globally, each location still calls for different emphasis in the implementation process. Successful application of CSR principles is directly influenced by the business understanding of its business strategy in proportion to the needs of the local community. As someone who has implemented all the above activities successfully, author Sri Urip is well placed to discuss effective CSR strategies to 21st century companies.

Corporate Social Responsibility in Developing and Emerging Markets

Corporate Social Responsibility in Developing and Emerging Markets PDF Author: Onyeka Osuji
Publisher: Cambridge University Press
ISBN: 1108472117
Category : Business & Economics
Languages : en
Pages : 485

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Book Description
A valuable interdisciplinary resource examining the concept and effectiveness of CSR as a tool for sustainable development in emerging markets.

CSR and Socially Responsible Investing Strategies in Transitioning and Emerging Economies

CSR and Socially Responsible Investing Strategies in Transitioning and Emerging Economies PDF Author: Kuna-Marsza?ek, Anetta
Publisher: IGI Global
ISBN: 1799821951
Category : Business & Economics
Languages : en
Pages : 346

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Book Description
One of the most important activities of enterprises today is responsible entrepreneurship. Corporate social responsibility (CSR) activities can help to forge a stronger bond between employees and corporations, can boost morale, and can help both employees and employers feel more connected with the world around them. Moreover, the growing importance of this concept results from the fact that it is perceived as an effective tool for increasing competitiveness, improving the image of the company, or contributing to the generation of higher profits. In today’s world, an active commitment to social responsibility is becoming more common for a company. CSR and Socially Responsible Investing Strategies in Transitioning and Emerging Economies is an essential reference source that identifies the scale and scope of implementation of CSR and socially responsible investing strategies and standards in companies operating in different transitioning and emerging economies as well as assessing the global effects of these activities. Featuring research on topics such as economic growth, responsible investing, and business ethics, this book is ideally designed for managers, executives, directors, corporate professionals, government officials, industry leaders, academicians, students, and researchers in the fields of international economics, international business, marketing, finance management, and public relations.

A Guide to Sustainable Corporate Responsibility

A Guide to Sustainable Corporate Responsibility PDF Author: Caroline D. Ditlev-Simonsen
Publisher: Springer Nature
ISBN: 3030882039
Category : Industrial management
Languages : en
Pages : 285

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Book Description
This open access book discusses the challenges and opportunities faced by companies in an age that increasingly values sustainability and demands corporate responsibility. Beginning with the historical development of corporate responsibility, this book moves from academic theory to practical application. It points to ways in which companies can successfully manage their transition to a more responsible, sustainable way of doing business, common mistakes to avoid and how the UN Sustainable Development Goals are integral to any sustainability transformation. Practical cases illustrate key points. Drawing on thirty years of sustainability research and extensive corporate experience, the author provides tools such as a Step-by-Step strategic guide on integrating sustainability in collaboration with stakeholders including employees, customers, suppliers and investors. The book is particularly relevant for SMEs and companies operating in emerging markets. From a broader perspective, the value of externalities, full cost pricing, alternative economic theories and circular economy are also addressed.

Global Corporate Social Responsibility Initiatives for Reluctant Businesses

Global Corporate Social Responsibility Initiatives for Reluctant Businesses PDF Author: Khan, Syed Abdul Rehman
Publisher: IGI Global
ISBN: 1799839893
Category : Business & Economics
Languages : en
Pages : 280

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Book Description
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.

Strategic Corporate Responsibility and Green Management

Strategic Corporate Responsibility and Green Management PDF Author: Ananda Das Gupta
Publisher: Emerald Group Publishing
ISBN: 1800714467
Category : Business & Economics
Languages : en
Pages : 177

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Book Description
This volume of Critical Studies on Corporate Responsibility, Governance and Sustainability harnesses corporate responsibility and green management to integrate social and environmental concerns into productive business operations, paving the way for future successes in emerging economies.