Islam and csr: A study of the compatibility between the tenets of Islam and the un global compact [Book Review]
David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
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Journal of Business Ethics 91 (4):519 - 533 (2010)
This paper looks at whether the tenets of Islam are consistent with the 'Ten Principles' of responsible business outlined in the UN Global Compact. The paper concludes that with the possible exception of Islam's focus on personal responsibility and the non-recognition of the corporation as a legal person, which could undermine the concept of corporate responsibility, there is no divergence between the tenets of the religion and the principles of the UN Global Compact. Indeed, Islam often goes further and has the advantage of clearer codification of ethical standards as well as a set of explicit enforcement mechanisms. Focusing on this convergence of values could be useful in the development of a new understanding of CSR in a global context and help avert the threatened "clash of civilisations"
|Keywords||CSR Islam UN Global Compact Environment human rights labour rights|
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Citations of this work BETA
Edmund F. Byrne (2011). Business Ethics Should Study Illicit Businesses: To Advance Respect for Human Rights. [REVIEW] Journal of Business Ethics 103 (4):497-509.
Céline Louche, Daniel Arenas & Katinka C. Cranenburgh (2012). From Preaching to Investing: Attitudes of Religious Organisations Towards Responsible Investment. [REVIEW] Journal of Business Ethics 110 (3):301-320.
Corrie Mazereeuw-van der Duijn Schouten, Johan Graafland & Muel Kaptein (forthcoming). Religiosity, CSR Attitudes, and CSR Behavior: An Empirical Study of Executives' Religiosity and CSR. Journal of Business Ethics.
Omer Farooq, Marielle Payaud, Dwight Merunka & Pierre Valette-Florence (2013). The Impact of Corporate Social Responsibility on Organizational Commitment: Exploring Multiple Mediation Mechanisms. [REVIEW] Journal of Business Ethics:1-18.
Raphie Hayat, Frank Butter & Udo Kock (2013). Halal Certification for Financial Products: A Transaction Cost Perspective. [REVIEW] Journal of Business Ethics 117 (3):601-613.
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