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What emerges when a market emerges? Does giving emphasis to the term emerging markets not represent a form of economic reductionism, neglecting the social context in which a market emerges? In this respect, CSR can be seen as a contribution from the business community, one that does not separate the economic and social dimensions in this process. However, more global approaches are needed to face today's challenges and to reflect on the criteria to be borne in mind. This paper seeks to address this issue.

For this reason, the paper feels it might be useful to respond to the question posed in the title, in dialogue with Pope Benedict XVI's latest encyclical, Caritas in Veritate (CV). The latter represents one of the few current attempts to provide a global and integrated view, incorporating specific guiding values and criteria for action. This paper is thus divided into three parts entitled: in times of globalization and crisis: integral human development as a criterion; the CSR challenge: the company, sustainability and the common good; and the continuing challenge of business in society.

The main finding is that CV's contribution may be to provide criteria to analyze what one has to bear in mind when talking about emerging markets without reducing this vision merely to economic terms. It is necessary to consider criteria such as: integral human development; the common good; inter‐generational justice; the cultural context; ethics integrated within the economy and moral responsibility. All of these are fundamental.

This paper questions the message, which is sometimes oversimplified in the case of emerging markets, to the extent that it forgets the social context. Dealing with this omission allows one to present new challenges both as part of these countries' CSR agendas and in the call for both local and global governance.

The emergence of global supply chains is closely interlinked with the erosion of the web of rules that used to regulate employment relations for most part of the 20th century. The development of GSCs facilitated the move away from a web to a patchwork of rules in employment relations and the erosion of the same web of rules contributed in turn even further to the dominance at present of GSCs as means of structuring production across the world. Against this context, there is an increasing understanding that the limitations of traditional governance approaches to labour regulation in GSCs at both national and supranational levels should be overcome in order to ensure the effectiveness of labour standards. This chapter critically assesses the regulatory approaches that have been developed in the recent years to tackle the regulation of labour standards in this context. It is argued that there is indeed some evidence of evolution in the regulation of labour standards in GSCs. This can be best described as a move from a state of regulatory vacuum to one that could be characterised as a patchwork of rules, comprising a range of private, state-led and international regulation. However, it it is far from certain whether such experimentation may lead to the emergence of a ‘web of rules’ or even an adequate patchwork of rules that is capable of dealing effectively with the challenges identified in this area.

In the context of debates on the role of social partners in shaping anti-crisis policies, the article explores the developments of social dialogue in Poland following the outbreak of the pandemic. The central research question is whether the crisis has helped to revitalise social dialogue or has it further revealed its weaknesses that were apparent before it.

The paper is based on the combination of literature review and the analysis of primary data derived from 22 expert interviews with the representatives of trade unions, employers and ministries collected in 2020–2021 in four essential industries (education, health care, social care and logistics).

The analysis suggests that the pandemic led to reinforcement of “illusory corporatism” in Poland, deepened mistrust among social partners and triggered a shift to informal channels of influencing policymaking. The weakness of the social partners and the strong position of the right-wing populist government meant that fears of recession and a health crisis were insufficient to develop “crisis” corporatism. While business interests were represented better than labour in policymaking, limited labour-friendly outcomes have been achieved as a result of workers’ mobilisation and unilateral decisions of the government rather than tripartite social dialogue.

Based on original empirical research, the article contributes to the discussion on the impact of the crisis on social dialogue under patchwork capitalism. It points to the role of strong governments and informality in circumventing tripartite structures and the importance of essential workers’ mobilisation in response to the lack of social dialogue.

Describes two‐way dialogue, between each side of industry, is a key element in social policy. Proposes to analyse and comment on some of the social dialogue, in particular both the role and significance of this notion in the soon‐to‐be enlarged Europe. Acknowledges that the ten candidate countries that join on 1 May 2004 must build a social dialogue and negotiate and conclude collective agreements.

Catholic theologians and ethicists date the modern entrance of the Church into the area of social justice and social economics by the publication of Pope Leo XIII's landmark encyclical, Rerum Novarum, 15 May, 1891. He began the letter with these words:

Presents the first chapter in this work with regard to the search for new ideas and better interpretations in the growth and development of new ideas. Investigates the exchange of views between thinkers of different points of view. Invites co‐operation between various factions to investigate unification of all known sciences (natural and economic) and to include the arts. Mentions all the great thinkers in these areas and unreservedly discusses their contribution in the school of thought. Proffers that modern technology cannot and should not be slowed down and that for the social economy of human solidarity should be aimed for, to begin a new era for humanity.

To identify the applicability of social auditing as an approach of engaging stakeholders in assessing and reporting on corporate sustainability and its performance.

Drawing upon the framework of AA1000 and the social auditing studies, this paper links stakeholder engagement, social auditing and corporate sustainability with a view to applying dialogue‐based social auditing to address corporate sustainability.

This paper identifies a “match” between corporate sustainability and social auditing, as both aim at improving the social, environmental and economic performance of an organisation, considering the well‐being of a wider range of stakeholders and requiring the engagement of stakeholders in the process. This paper suggests that social auditing through engaging stakeholders via dialogue could be applied to build trusts, identify commitment and promote co‐operation amongst stakeholders and corporations.

This research requires further empirical research into the practicality of social auditing in addressing corporate sustainability and the determination of the limitations of dialogue‐based social auditing.

Social auditing has been identified as a useful mechanism of balancing differing interests among stakeholders and corporations in a democratic business society. The application of social auditing in developing and achieving corporate sustainability has apparently practical implications.

This paper examines the applicability of dialogue‐based social auditing in helping business to move towards sustainability. Social auditing as a process of assessing and reporting on corporate social and environmental performance through engaging stakeholders via dialogue could be applied to build trusts, identify commitment and promote cooperation amongst stakeholders and corporations.