CSR Compliance and Disclosure in BRICS: An intra- and inter-country comparison
(2011)Department of Business Administration
- Abstract
- The constant debate over corporations’ responsibility towards shareholders or stakeholders has provided opinions in excess, though answer few, especially in the context of emerging markets, namely, BRICS. This paper advocates a stakeholder approach that goes hand in hand with corporations’ economic motive. Through the assessment framework developed in the empirical study, an analysis of CSR activities undertaken and disclosed by the companies in the respective countries is conducted. The analysis indicates that CSR is no longer a marketing gimmick, despite compliance to international norms having to do more with meeting cross border listing requirements and accessing financial capital, rather than a genuine concern for the community and... (More)
- The constant debate over corporations’ responsibility towards shareholders or stakeholders has provided opinions in excess, though answer few, especially in the context of emerging markets, namely, BRICS. This paper advocates a stakeholder approach that goes hand in hand with corporations’ economic motive. Through the assessment framework developed in the empirical study, an analysis of CSR activities undertaken and disclosed by the companies in the respective countries is conducted. The analysis indicates that CSR is no longer a marketing gimmick, despite compliance to international norms having to do more with meeting cross border listing requirements and accessing financial capital, rather than a genuine concern for the community and environment at large. This in no way undermines the existing quality of CSR undertaken by some of the most prominent companies in each economy. However, this phenomenon elucidates areas that can be further addressed to ensure an integrated stakeholder approach for corporations. While some companies have gone beyond regulatory requirements in contributing towards the stakeholders, the majority have yet to see beyond the bottom line, in understanding the criticality of stakeholder approach in organisation sustainability. Therefore, evidences of window dressing and unsubstantiated claims with respect to the CSR activities undertaken by these corporations remain. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/1976749
- author
- Ha, Clarice and Krishnan, Pradeep
- supervisor
- organization
- year
- 2011
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- CSR, BRICS, stakeholders, emerging, environment/community, Management of enterprises, Företagsledning, management
- language
- Swedish
- id
- 1976749
- date added to LUP
- 2011-05-30 00:00:00
- date last changed
- 2012-04-02 18:50:23
@misc{1976749,
abstract = {{The constant debate over corporations’ responsibility towards shareholders or stakeholders has provided opinions in excess, though answer few, especially in the context of emerging markets, namely, BRICS. This paper advocates a stakeholder approach that goes hand in hand with corporations’ economic motive. Through the assessment framework developed in the empirical study, an analysis of CSR activities undertaken and disclosed by the companies in the respective countries is conducted. The analysis indicates that CSR is no longer a marketing gimmick, despite compliance to international norms having to do more with meeting cross border listing requirements and accessing financial capital, rather than a genuine concern for the community and environment at large. This in no way undermines the existing quality of CSR undertaken by some of the most prominent companies in each economy. However, this phenomenon elucidates areas that can be further addressed to ensure an integrated stakeholder approach for corporations. While some companies have gone beyond regulatory requirements in contributing towards the stakeholders, the majority have yet to see beyond the bottom line, in understanding the criticality of stakeholder approach in organisation sustainability. Therefore, evidences of window dressing and unsubstantiated claims with respect to the CSR activities undertaken by these corporations remain.}},
author = {{Ha, Clarice and Krishnan, Pradeep}},
language = {{swe}},
note = {{Student Paper}},
title = {{CSR Compliance and Disclosure in BRICS: An intra- and inter-country comparison}},
year = {{2011}},
}