Corporate Social Responsibility and International Development: Is Business the Solution?

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Overview

The business of business is business. So why should corporations be involved in development? This groundbreaking new book makes the case that governments and their international agencies, grouped under the umbrella of the United Nations, have failed in their attempts to rid the planet of underdevelopment and poverty. If development is the objective, then it seems that the solution and the responsibility lies with the private sector - particularly through the Corporate Social Responsibility (CSR) programmes of large corporations, with their tremendous power and economic strength.
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Editorial Reviews

From the Publisher
'Set to become a seminal work on the subject.'
African Business

'Challenging and important issues, readably presented.'
Long Range Planning

'A daring attempt at integrating two worlds: international business and development ... In this groundbreaking book, Hopkins provides a detailed, albeit sympathetic explication of multinational enterprises (MNEs) through the lens of CSR ... A bold attempt to merge the policy and practice of CSR with international development ... a comprehensive introduction to the main themes of CSR and international development.'
Critical Perspectives on International Business

'The subject of the book is clearly important and deals with an area of thought little explored in the field of development studies: how the private sector, through Corporate Social Responsibility, can foster development. Now a very experienced and distinguished development economist addresses the question, and does so with a high academic standard and with a very incisive examination of current ideas and of institutions, both governmental and international. It is clearly written, with plenty of wit and humour� Delightful to read.'
Emilio Klein, Professor of Economics, University of Santiago, Chile and former Director, Institute of Labour Studies (ILO) in South America

'At last, the case for how big corporations might move beyond charity to meet the 21st century's biggest challenge: poverty. How many more Henry Fords, Bill Gateses and Warren Buffetts are we willing to waste in the shantytowns of the developing world? All they need is what every successful corporation (and democracy) has � business expertise and the legal means to organize and expand productively.'
Hernando de Soto, President of the Institute for Liberty and Democracy, Lima, Peru, and author of The Mystery of Capital and The Other Path

'Very readable, well referenced and thought provoking.'
Adrian Payne, Head of CSR, British American Tobacco

'Mike Hopkins has never been afraid to question conventional wisdom. His book steps into areas that we in the ILOare taking very seriously, and provides a different perspective which raises important questions for business, governments, the UNsystem and others concerned with international development.'
Dr Gerry Rodgers, Director, ILO, Geneva

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Product Details

  • ISBN-13: 9781844073566
  • Publisher: Taylor & Francis
  • Publication date: 12/28/2006
  • Edition description: 1
  • Pages: 262
  • Product dimensions: 6.30 (w) x 9.30 (h) x 3.20 (d)

Meet the Author

MICHAEL HOPKINS is CEO of MHC International Ltd (London and Geneva), a research and service company that specializes in social development issues for the public and private sector. He is also Professor of Corporate and Social Research at Middlesex University Business School, UK, Visiting Professor at Brunel University, UK and author of The Planetary Bargain (2003, Earthscan).
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Table of Contents

List of Figures, Tables and Boxes vi

Acknowledgements viii

Preface ix

List of Acronyms and Abbreviations xv

1 Can CSR Pave the Way for Development? 1

2 What is CSR all About and Where is it Going? 15

3 Corporate CSR Development Case Studies: Failures and Success 44

4 Failures of Development: A Global View 96

5 Corporations Should Abandon Philanthropy and Concentrate on CSR 113

6 A Critique of CSR and Development 118

7 CSR and Poverty 130

8 Supply Chain Issues 146

9 CSR in developing countries 170

10 Limitations of International Agencies 188

11 Socially Responsible Investment in Developing Countries 214

12 Main Actions for Companies Involved in Development 226

Index 237

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