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1 – 10 of over 18000Aymen Sajjad and Gabriel Eweje
The purpose of this chapter is to provide a practical review of topical developments in corporate social responsibility (CSR) perspective within Pakistani business environment.
Abstract
Purpose
The purpose of this chapter is to provide a practical review of topical developments in corporate social responsibility (CSR) perspective within Pakistani business environment.
Methodology/approach
To investigate the concept of CSR in Pakistan, this chapter primarily draws on secondary sources including extant literature on CSR, government reports, publications of international agencies, industry reports, companies’ CSR/sustainability reports, and newspaper articles.
Findings
The findings of this research reveal that the concept of CSR is relatively underdeveloped in Pakistan. There is a general perception among business practitioners in Pakistan that CSR relates to altruism or philanthropic activities. However, only few large local companies and multinational enterprises hold a well-defined CSR policy. Small and medium enterprises limit their CSR engagement to comply with codes of conduct set by foreign buyers.
Research limitations/assumptions
The discussion in this chapter is based on the secondary data, therefore the empirical research is needed to validate the findings of this study. Further, this chapter presents a generic reflection about how CSR is practiced and perceived in Pakistani business environment. Thus, industry-specific research would illustrate a much clearer picture on how different sectors in Pakistan are promoting CSR principles.
Practical implications
The findings of this research would help businesses and policy makers to recognize the current state of CSR progress and potential CSR challenges in Pakistan. These findings may assist the government, private sector, and civil society to devise future CSR agenda in Pakistan.
Originality/value
The authors contend that this is one of the few studies in Pakistani context which attempts to provide a comprehensive overview of CSR-related developments in Pakistan.
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This article looks at corporate social responsibility (CSR) as a discursive social practice that attempts to interrogate the global market economy and its neoliberal underpinnings…
Abstract
This article looks at corporate social responsibility (CSR) as a discursive social practice that attempts to interrogate the global market economy and its neoliberal underpinnings and that reflects as well as frames and shapes domestic and global politics and institutions. Drawing upon Karl Polanyi’s notions of reciprocity and redistribution while also emphasizing the normative content of the concept, the article inquires into the position that the CSR discourse occupies in addressing the corporate transnational risks derived from social tensions and conflicts and more generally, in answering social expectations for justice. The Polanyian perspective highlights the CSR discursive quest for a missing conceptual consistency and implicitly, for a constructive “critical” core. From this perspective, the article shows CSR to reside within controversial conceptual boundaries; a discursive social practice that engages with the social aspiration of embedding market economy in society while it is also in need of reclaiming its critical core and its potential for social change.
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Ahmed Hassanein and Hana Tharwat
This chapter explores the concept of corporate social responsibility (CSR) from an Islamic Shari'ah-compliant perspective. It provides a comprehensive literature review on CSR…
Abstract
This chapter explores the concept of corporate social responsibility (CSR) from an Islamic Shari'ah-compliant perspective. It provides a comprehensive literature review on CSR with an explicit focus on the Islamic perspective of CSR, Islamic models of CSR, CSR practices in conventional and Islamic banks, and the consequences of CSR to Islamic banks. This chapter's main contribution lies in considering the current CSR literature from a Shari'ah perspective. Likewise, it identifies gaps in the current literature and suggests potential areas for future research. This chapter attempts to improve the understanding of how Islamic banks integrate social responsibility into their operations. The insights from this chapter are helpful to practitioners and academic scholars in Islamic finance, accounting, and CSR. This chapter emphasizes the importance of incorporating Islamic values and principles into CSR practices and encourages further research and investigation in this area.
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Mexico currently faces serious social scarcities and businesses are under pressure. The alternative lies in improving company performance through education. It is important to…
Abstract
Mexico currently faces serious social scarcities and businesses are under pressure. The alternative lies in improving company performance through education. It is important to educate future entrepreneurs and managers within a corporate social responsibility (CSR) framework and expose them to the stakeholder theory. This chapter argues that educating socially responsible management students is the touchstone strategy for addressing the big challenges that twenty first century organizations face. This chapter first defines the CSR concept, relating it to organizations’ role in fulfilling society’s expectations, demands, and requirements. Second, it sets forth why CSR is a strategic tool for management and a moral obligation for companies. Finally, it argues for the importance of including CSR and the stakeholder theory in the curriculum of all management faculties and programs.
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To explore the shifting contours of politico-economic governmental responsibility and accountability from the consensually driven Keynesian welfare state model through to the…
Abstract
Purpose
To explore the shifting contours of politico-economic governmental responsibility and accountability from the consensually driven Keynesian welfare state model through to the market focused neo-liberal new public management (NPM) approach and beyond. In particular the chapter addresses the post-2008 crisis and austerity environment. It questions why the apparent failure of the market privileged neo-liberal model resulting in financial crisis and the prolonged aftermath has not led to an alternative recognizably coherent or consensually based approach to government and state responsibility for politico-economic management, and the implications of this for the accountability of public services.
Methodology
The chapter draws on extensive literature across economic, social policy, public management and other fields as well as government and key institutional documents and reports. This enables a comparative perspective on governmental approaches to politico-economic management and management of public services, addressing key areas of consensus, responsibility and accountability.
Findings
The chapter traces the trajectory of governmental accountability and responsibility from Keynesianism to neo-liberalism and NPM, conceptually grounding these policy shifts and punctuations. It suggests that the key issue – why the dramatic failure of the neo-liberal model from 2008 has not led to a new emerging paradigm – may be answered not simply by reference to the continuation of neo-liberal approaches, but by appreciating that a number of countries have in fact implemented adaptive and resilient systems which have accommodated many of the neo-liberal NPM prescriptions. The findings conclude with some speculation on the future of government and public sector accountabilities and responsibilities.
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Jamilah Ahmad and Suriati Saad
The goal of Corporate Social Responsibility (CSR) is to ensure that organisations embrace social responsibility and cultivate activities that provide positive impact on the…
Abstract
The goal of Corporate Social Responsibility (CSR) is to ensure that organisations embrace social responsibility and cultivate activities that provide positive impact on the environment, society, consumers, employees, communities and all other members of the public sphere. Therefore, it is highly important to enhance and augment the teaching of CSR across various disciplines in higher learning institutions. Since 2006, most organisations in Malaysia have been highly encouraged to carry out their Social Responsibility activities, with the government providing support for CSR policies through its tax reduction incentives. Various CSR awards and acknowledgement of the awards provide high value and positive reputation to the organisations that implement CSR-related activities. As a result there is an increasing awareness among businesses to focus beyond compliance with laws in order to respond to the dynamic economic, societal and environmental changes.