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The Political Economy of Corporate Social Responsibility and Community Development

The Political Economy of Corporate Social Responsibility and Community Development
Author: Matthew T. Klick
Publisher:
Total Pages: 188
Release: 2008
Genre: Offshore gas industry
ISBN:

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"This project uses stakeholder evidence from semi-structured interviews to analyze the relative effectiveness of an oil company's stated 'corporate social responsibility' (CSR) initiatives in a new, Arctic host community. Specifically, this project analyzes the outcomes of StatoilHydro initiatives to date in Hammerfest, Norway, where the Snøhvit (Snow White) natural gas project began production in 2007. It gauges the ability of 'socially responsible' approaches to development to internalize negative externalities and promote positive 'spin-offs.' Arctic countries are increasingly prioritizing petroleum development. The convergence of dramatic climate change, increasing energy demands, and high energy prices has made the Arctic an alluring frontier for the oil industry and Arctic governments. Small Arctic communities are increasingly playing host to large energy projects with the potential for dramatic cultural, social, environmental, and economic upheaval, but also economic growth and increased human capital. In this case study, CSR initiatives resulted in a broader accounting of social costs and benefits, an outcome that better internalized externalities, and pareto-improving trades between stakeholders and industry"--Leaf iii.


Corporate Social Responsibility

Corporate Social Responsibility
Author: Subhabrata Bobby Banerjee
Publisher: Edward Elgar Publishing
Total Pages: 220
Release: 2009-01-01
Genre: Business & Economics
ISBN: 184720855X

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This book has many merits. It will make fascinating reading for the increasing number of organizational scholars who wonder how organizational research can engage more in accounting for the impact of corporations on their environment in a broad sense. Bahar Ali Kazmi, Bernard Leca and Philippe Naccache, Organization Studies This book is for those who will enjoy a thoughtful and informative monograph that acutely summarises and refreshes critique from a political and sociological perspective. It is a comprehensive re-interpretation of the corporate world and the evidently meretricious regime of CSR which makes it an enjoyable compendium for critical management studies fans . . this erudite volume will be valuable to mainstream, social science academics either involved in (or dismissive of) CSR and sustainability discourses in management education and research. David Bevan, Scandinavian Journal of Management Banerjee s book is thought provoking and must be read. But it should be read not only by corporate social responsibility scholars but by all business scholars. It is through Banerjee s provocations that we can understand the shortcomings of corporate systems and the boundaries of corporate social responsibility. Pratima Bansal, Administrative Science Quarterly This is a tour de force that carefully assembles and incisively interrogates perhaps the most pressing problem of our age: how to harness the resources of corporations to tackle global problems of poverty, oppression and environmental degradation? Banerjee does not present us with glib pronouncements or simplistic fixes. Instead, he brilliantly illuminates the scale of the challenges and lucidly assesses the relevance and value of CSR responses to date. Hugh Willmott, University of Cardiff, UK Bobby Banerjee takes on the popular mythologies of neo-liberal corporate social responsibility with enviable flair and a thoroughness of scholarship that will dismay its apologists. His critique extends from the origins of the modern corporation and its well-known abuses and excesses to far harder targets the more attractive alternatives that have been developed for theory and practice that, as Banerjee shows brilliantly, only serve to mask continuing neo-colonial abuses. Banerjee is not content simply to expose the impossibilities of doing good works whilst maximizing shareholder value, the win-win view of CSR, but he bites the bullet with some uncompromising but realistic proposals for the future reconstruction of CSR both as a field of study and as a business practice. We have needed this exposure of the bad and the ugly for a long time. The current versions of CSR are simply just not good enough. Stephen Linstead, University of York, UK Banerjee pulls the beguiling mask off corporate social responsibility. Taking the vantage point of the world s poor, he shows CSR to be a cruel hoax corporations cynical effort to undermine growing demands for economic and environmental justice. Paul S. Adler, University of Southern California, US This book problematizes the win-win assumption underlying discourses of CSR and suggests that it is a rhetoric that is invariably subordinated to that of corporate rationality. Rather than see CSR as providing the means to transform corporations by advocating a stakeholder view of the firm it argues that CSR represents an ideological movement designed to consolidate the power of transnational corporations and provide a veneer of liberality to the illiberal economic agenda of the major global institutions. Stewart Clegg, University of Technology, Sydney, Australia Professor Banerjee offers us a refreshing analysis of corporate social responsibility (CSR) in an otherwise comparatively turgid literary landscape. People may disagree with his criticism that because of its preoccupation with shareholder value, the corporation is an inappropriate agent for social change but it is backed up by strong theoretical and substantive empirical


The Political Economy of Corporate Social Responsibility in Nigeria

The Political Economy of Corporate Social Responsibility in Nigeria
Author: Ado Umar
Publisher: LAP Lambert Academic Publishing
Total Pages: 100
Release: 2013
Genre:
ISBN: 9783659487316

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This work describes the Corporate Social Responsibility (CSR) in a developing economy such as that of Nigeria. Specifically, it is a case study of the role of industry; in this case Ashaka Cement Company plc; in promoting sustainable development in its host communities through CSR. The company was established in 1979; but general outcry by the communities around the company on its activities necessitates this work. They are 'crying' against neglect in terms of employment and the provisions of basic infrastructures, such as water, road, education and electricity. Against the foregoing, this book addressed the following questions; what are the strategies being used by the company to achieve its set objectives? What are the patterns of relationship between the company and the host communities? What are the inputs of the company on the area and people who formed the communities? The Stakeholder theory of the firm is used as a theoretical framework. By means of tabulation and percentage tools of analyses on data collected through questionnaires and interview, a significant positive relationship between grievances by the Ashaka communities and the activities of the company was found.


Implementing Corporate Social Responsibility

Implementing Corporate Social Responsibility
Author: Subhasis Ray
Publisher: Springer Science & Business Media
Total Pages: 223
Release: 2014-03-19
Genre: Business & Economics
ISBN: 8132216539

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This book is a compilation of Corporate Social Responsibility (CSR) theory and practices, with special reference to the Indian context. Over the last few decades, which have seen the onset of globalization, emergence of the industrial sector and an increased focus on community development, much attention has been focused on the role of corporations towards developing those societies where their operations are based. The introduction and evolution of CSR theories and practice in the developed countries has given CSR theorists and practitioners the guidance to appropriately place and implement CSR initiatives to help develop their role in the developed societies. However, while ample literature exists on such CSR practices, little has been done to aid the development of CSR in developing countries. Characterized by peculiar economic, political and social settings, the developing world needed its own blueprint for how CSR works and how it could best succeed. The need for doing is especially pertinent to a country like India, which is presently at a very crucial threshold, economically, politically and socially. Given the need to contextualize CSR theory and practice to the developing context, several CSR theories and practices have been explored in this book, which will provide readers with a thorough understanding of CSR and its successful implementation.


The End of Corporate Social Responsibility

The End of Corporate Social Responsibility
Author: Peter Fleming
Publisher: SAGE
Total Pages: 146
Release: 2012-12-14
Genre: Business & Economics
ISBN: 1446290115

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Providing a much-needed critique of Corporate Social Responsibility (CSR) practice and scholarship, this book seeks to redress CSR advocacy, from a political and critical perspective. A strident approach backed up by extensive use of case studies presents the argument that most CSR-related activity aims to gain legitimacy from consumers and employees, and therefore furthers the exploitative and colonizing agenda of the corporation. By examining CSR in the context of the political economy of late capitalism, the book puts the emphasis back on the fact that most large corporations are fundamentally driven by profit maximization, making CSR initiatives merely another means to this end. Rather than undermining or challenging unsustainable corporate practices CSR is exposed as an ideological practice that actually upholds the prominence of such practices. As CSR gathers momentum in management practice and scholarship, students in the fields of CSR, business ethics, and strategy, will find this text a useful companion to counter received wisdom in this area.


The Political Economy of Corporate Responsibility in India

The Political Economy of Corporate Responsibility in India
Author: Bimal Arora
Publisher: Chandos Publishing
Total Pages: 0
Release: 2029-01-15
Genre: Political Science
ISBN: 9781843344155

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The Political Economy of Corporate Responsibility in India takes on the topic of socioeconomic development in India under different economic governance frameworks since the 1950s, and how each has given rise to a large number of interrelated concerns, including impacts on employment and distribution of income, emergence of new forms of vulnerabilities, weakened state structures, imbalanced demographics with sub-national disparities, environmental and biomass degeneration, and dismal performance on several human development indicators. The book includes information on the ways that institutional actors, including private sector corporations, have responded to these challenges. In addition, the increased focus and pressures by campaigners on corporations to not only minimize harm, but also maximize benefits emanating from their operations has put many leading global corporations in the line of fire, creating a profound influence in many countries, including India. This book documents these experiences in the Indian context and identifies the scope and limitations of corporations to address such concerns. Includes a political economy framework to analyze corporate social responsibility (CSR) Integrates analytical constructs on CSR in India with changes in the conditions of businesses in India using empirical data and case studies Links CSR practices in India with changing corporate management practices, their evolution, and a comparative analysis using the Anglo-Saxon model of corporate governance


Integral Community

Integral Community
Author: Ronnie Lessem
Publisher: Routledge
Total Pages: 552
Release: 2016-05-23
Genre: Business & Economics
ISBN: 1317115651

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Integral Community moves the transformation journey for enterprises and society on from the stages covered in earlier books in Gower's Transformation and Innovation Series, which describe a new macro-economic framework and which have examined alternative development with different local communities, bringing wide cultural perspectives to practical implementation of authentic or integral development. Here, the authors argue that there are two major fields of force prevailing in today's world. The one reflects our common heritage, whereby East and West, North and South are coming ever closer together - the global commons. The other reflects local and national singularity, where the notion of feeding off ancient local heritage and talent is key. They also identify four different culturally laden worldviews as Southern - humanistic, Eastern - holistic, Northern - rational, and Western - pragmatic. The enterprise and social innovation in Africa with which Lessem's co-authors are involved provides an object lesson in the sort of differentiation and integration needed in order to operate, socio-economically, with local identity and global integrity. It provides in this case a 'Southern' worldview background against which to examine communally based self-sufficiency; culturally based developmental economy; knowledge based social economy; and finally, the move towards what the authors describe as a living economy. All illustrated through a rural case, Chinyika, with which they have been intimately involved, whereby 100,000 have become self sufficient over the past five years. Integral Community should be read by academics and students of business, economics, development studies and agriculture, and by policy makers, particularly those concerned with the developing world in general and Africa in particular.


More Than Simply Corporate Social Responsibility

More Than Simply Corporate Social Responsibility
Author: Christina Koutra
Publisher: Nova Science Publishers
Total Pages: 323
Release: 2014-05-14
Genre: Business & Economics
ISBN: 9781622575534

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Freedom of poverty is a universal human prerogative and right. Hence the tackling of poverty in developing countries is a social obligation for governments, MNCs and MNOs at a national, intergovernmental and supra-national level especially with its institutionalisation within the Millennium Development Goals (MDGs). Tourism was a sector that was actively promoted by the above mentioned institutions in order to act as a catalyst for development and poverty reduction. Nevertheless in the course of times tourism did not deliver the expected result: poverty reduction. Hence this book embarks on exploring, by adopting a participatory approach to research, the extent to which the various 'controlling interests', external (development agencies) and internal (government institutions), dictate and influence tourism development in the ex-colonial geographical areas under investigation and their relationships with various community constituents - mainly those in the local communities at the grassroots level.