Towards a New Theory of Corporate Social Responsibility in Developing Countries

Mupemhi Shepherd

Authors

Mupemhi Shepherd

Keywords:

corporate social responsibility, bottom of the pyramid, democratisation of commerce

Abstract

There have long been conflicting expectations of the nature of companies' responsibilities to society. Some businesses have been practising what might be termed "Corporate Social Responsibility" (CSR) focusing on corporate image management or other activities aimed predominantly at business benefits. This paper discusses why corporate social responsibility is no longer an option for business organisations nor is still about programmes to produce socially and environmentally friendly products. A new paradigm in corporate social responsibility for corporations in developing countries is presented in which they need to create a strategic partnership with supply chain members, support their strategic partners and understand the effect of their bought-in products on the society as a whole.

Downloads

How to Cite

Towards a New Theory of Corporate Social Responsibility in Developing Countries. (2014). Global Journal of Human-Social Science, 14(E2), 33-37. https://socialscienceresearch.org/index.php/GJHSS/article/view/967

Download Citation

References

Sunny Baker, Kim Baker (2000) GOING UP! VERTICAL MARKETING ON THE WEB. 21(3), 30-33.

T Brewer (1992) An Issue Area Approach to the Analysis of MNE-Government Relations. 23, 295-309.

Archie Carroll (1979) A Three-Dimensional Conceptual Model of Corporate Performance. 4(4), 497.

Archie Carroll (1999) Corporate Social Responsibility. 38(3), 268-295.

M Dion (2001) Corporate Citizenship and Ethics of Care: Corporate Values, Codes of Ethics and Global Governance. 118-138.

T Donaldson (1982) Corporations and Morality.

T Donaldson, L Preston (1995) the Stakeholder Theory of the Corporation: Concepts, Evidence, and Implications. 20(1), 65-91.

R Freeman (1994) The Politics of Stakeholder Theory: Some Future Directions. 4(4), 409-421.

R Freeman, R Philips (2002) Stakeholder Theory: A Libertarian Defence. 12(3), 331-349.

Elisabet Garriga, Domènec Melé (2004) Corporate Social Responsibility Theories: Mapping the Territory. 53(1-2), 51-71.

T Hanke, W Stark (2009) Strategy development: Conceptual framework on Corporate Social Responsibility. 85, 587-616.

D Hess, N Rogovsky, T Dunfee (2002) the Next Wave of Corporate Community Involvement: Corporate Social Initiatives. 44(2), 110-125.

Hbr (2003) Break through ideas for tomorrow's Business Agenda.

G Jain, A Tandem (2006) Shaping Organisation Strategies: Future Perspectives, Concepts and Cases.

Constance James (2003) Designing Learning Organizations. 32(1), 46-61.

Michael Jensen (2000) Value Maximization, Stakeholder Theory, and the Corporate Objective Function. 12(2), 235-256.

J Post, L Preston, S Sauter-Sachs, S Sachs (2002) Redefining the Corporation: Stakeholder Management and Organizational Wealth.

C Prahalad, S Harts (2002) The Fortune of the Bottom of Pyramid.

C Prahalad (2010) The Fortune at the Bottom of the Pyramid: Eradicating poverty through profits.

Sandra Waddock, Samuel Graves (1997) THE CORPORATE SOCIAL PERFORMANCE-FINANCIAL PERFORMANCE LINK. 18(4), 303-319.

Francis Weyzig (2009) Political and Economic Arguments for Corporate Social Responsibility: Analysis and a Proposition Regarding the CSR Agenda. 86(4), 417-428.

F Wheeler (1996) Corporate Strategy.

B William, D Chandler (2006) Strategic Social Responsibility.

D Windsor (2001) The Future of Corporate Social Responsibility. 9(3), 225-256.

Donna Wood (2002) Business Citizenship. 3(3), 59-94.

John Ruggie (2002) The theory and practice of learning networks: Corporate social responsibility and the Global Compact. 5, 32-42.