A Model for Partnering with Not-for-Profìts to Develop Socially Responsible Businesses in a Global Environment
Graduate studies at Western
Journal of Business Ethics 85 (1):111 - 120 (2009)
|Abstract||Corporate social responsibility (CSR) is increasingly important in the global environment. Businesses that want to be socially responsible, but do not have the resources of multinational corporations, can partner with non-governmental (NGO), not-for-profit (NFP), and religious organizations to access information about the culture, customs, and needs of the people in areas where they wish to do business. Without such information, CSR projects can have unintended consequences that are not beneficial for the community. Suggesting that local farmers sell corn to ethanol producers may increase the farmers' income but also increase the cost of a food staple to the community. Providing food aid may result in local farmers being unable to sell their crops for enough money to buy seed for the next harvest. Donating cheaper cinder blocks instead of adobe bricks may result in more available housing, but the housing may be unlivable in the summer heat. This paper presents a three-part model for businesses to follow to develop socially responsible projects. The first strategy is to use electronic sources of information about a country and area for background information. The second strategy is to gather on-the-ground information about important issues from the people who are already operating in a community as part of NGO, NFP and missionary initiatives. The third strategy is to develop scenarios that will help identify possible negative consequences of socially responsible projects so that the project implementation can be monitored for such consequences and interventions designed to decrease or counter the impact of negative consequences|
|Keywords||corporate social responsibility CSR scenarios unintended consequences multinational non-governmental not-for-profit global environment|
|Categories||categorize this paper)|
|Through your library||Configure|
Similar books and articles
Kyoko Sakuma & Céline Louche (2008). Socially Responsible Investment in Japan: Its Mechanism and Drivers. [REVIEW] Journal of Business Ethics 82 (2):425 - 448.
Katherina Glac (2009). Understanding Socially Responsible Investing: The Effect of Decision Frames and Trade-Off Options. [REVIEW] Journal of Business Ethics 87 (1):41 - 55.
Edmund R. Gray (2007). Financial Management Practices of Socially Responsible Entrepreneurs. Business and Professional Ethics Journal 26 (1/4):71-99.
Ronald Paul Hill, Thomas Ainscough, Todd Shank & Daryl Manullang (2007). Corporate Social Responsibility and Socially Responsible Investing: A Global Perspective. [REVIEW] Journal of Business Ethics 70 (2):165 - 174.
Christian Fieseler (2011). On the Corporate Social Responsibility Perceptions of Equity Analysts. Business Ethics 20 (2):131-147.
D. Bruce Johnsen (2003). Socially Responsible Investing: A Critical Appraisal. [REVIEW] Journal of Business Ethics 43 (3):219 - 222.
S. Prakash Sethi (2003). Globalization and the Good Corporation: A Need for Proactive Co-Existence. [REVIEW] Journal of Business Ethics 43 (1-2):21 - 31.
Eva-Maria Hammann, André Habisch & Harald Pechlaner (2009). Values That Create Value: Socially Responsible Business Practices in SMEs – Empirical Evidence From German Companies. Business Ethics 18 (1):37-51.
Yongtao Hong & Margaret L. Andersen (2011). The Relationship Between Corporate Social Responsibility and Earnings Management: An Exploratory Study. [REVIEW] Journal of Business Ethics 104 (4):461-471.
Added to index2009-01-28
Total downloads3 ( #213,863 of 739,354 )
Recent downloads (6 months)1 ( #61,680 of 739,354 )
How can I increase my downloads?