CSR and leadership: can China lead a new paradigm shift? [Book Review]
Asian Journal of Business Ethics 1 (1):73-77 (2012)
Globally, corporate social responsibility (CSR) needs to find its sustainable development via the recognition of tangible benefits that CSR will bring to organizations and their stakeholders. The less tangible but likely most important benefit lies in the continual improved leadership and management quality emerging from organizations investing in CSR. Companies’ failure to act in a CSR way and the lack of wise leadership and quality management is a dominant root factor in the past scandals and financial crisis. Looking at current interactions between Chinese companies and their various influencing environmental, society and government (ESG) factors, many of the motivational drivers for Western companies to invest in CSR are today still being challenged here based on China’s market specifics. More rapid development of the regulatory framework with adequate enforcement resources, as well as incorporation of CSR “value” education at universities can accelerate this needed development. In the short term, foreign companies as “guests” of China should also be a catalyst as role models. Apart from a foreign investor’s actions, it is equally important to acknowledge and address local China challenges remaining to provide the right climate for a foreign company’s CSR programs to be successfully executed here. The world is at a cross roads of a new value-based leadership paradigm. With global interdependence accelerating and hence, management and leadership complexity expanding, there is a need for a new leadership model, bringing “common wisdom” more pronounced to the forefront, arising from a renewed focus and strengthening of an aligned set of values between family, society, and corporate life. China’s unique demographic challenges and economic progress provide a fertile environment to lead the world in this development
|Keywords||CSR Leadership Wisdom CSR drivers China challenges Regulatory development Paradigm shift Society values|
|Categories||categorize this paper)|
References found in this work BETA
No references found.
Citations of this work BETA
No citations found.
Similar books and articles
Harmonious Society and Chinese Csr: Is There Really a Link?Geoffrey See - 2009 - Journal of Business Ethics 89 (1):1 - 22.
CSR in China Research: Salience, Focus and Nature. [REVIEW]Jeremy Moon & Xi Shen - 2010 - Journal of Business Ethics 94 (4):613 - 629.
Corporate Social Responsibility for Nanotechnology Oversight.Jennifer Kuzma & Aliya Kuzhabekova - 2011 - Medicine, Health Care and Philosophy 14 (4):407-419.
Economic Development Management and CSR.Linda M. Sama - 2006 - Proceedings of the International Association for Business and Society 17:158-163.
The Human Resources Contribution to Responsible Leadership: An Exploration of the CSR–HR Interface. [REVIEW]Jean-Pascal Gond, Jacques Igalens, Valérie Swaen & Assâad El Akremi - 2011 - Journal of Business Ethics 98 (S1):115-132.
CSR and the SEC.Linda C. Rodríguez & Jane LeMaster - 2009 - Proceedings of the International Association for Business and Society 20:47-54.
Case Study of Lafarge China and Shui On Cement: Emission-Related CSR in the Chinese Cement Industry.Ying Hua & Xiaodi Yang - 2007 - International Corporate Responsibility Series 3:129-143.
Case Study of Lafarge China and Shui On Cement.Ying Hua & Xiaodi Yang - 2007 - International Corporate Responsibility Series 3:129-143.
Roadmapping Corporate Social Responsibility in Finnish Companies.Virgilio M. Panapanaan, Lassi Linnanen, Minna-Maari Karvonen & Vinh Tho Phan - 2003 - Journal of Business Ethics 44 (2/3):133 - 148.
Leadership Centrality and Corporate Social Ir-Responsibility (CSIR): The Potential Ameliorating Effects of Self and Shared Leadership on CSIR.Craig L. Pearce & Charles C. Manz - 2011 - Journal of Business Ethics 102 (4):563-579.
The Challenge of Developing a Business Ethics in China.Po Keung Ip - 2009 - Journal of Business Ethics 88 (1):211 - 224.
A Study of the Transfer of Corporate Social Responsibility From Well-Established Foreign Multinational Enterprises to Chinese Subsidiaries.Maria Lai-Ling Lam - 2007 - International Corporate Responsibility Series 3:343-363.
Added to index2011-07-16
Total downloads29 ( #174,979 of 2,158,842 )
Recent downloads (6 months)7 ( #46,033 of 2,158,842 )
How can I increase my downloads?