Corporate Social Responsibility in Developing and Emerging Markets: Institutions, Actors and Sustainable Development PDF
Preview Corporate Social Responsibility in Developing and Emerging Markets: Institutions, Actors and Sustainable Development
corporate social responsibility in developing and emerging markets Corporate social responsibility (CSR) has emerged as a tool for public and private institutions topromotesustainable development in developing andemergingmarkets. Thisworkbringstogethercontributorsfromavarietyoffieldsandinternationalperspec- tives to assess and improve the effectiveness of CSR by addressing the following ques- tions: What are the linkages between CSR and sustainable development? What does CSR mean for developing or emerging economies and in what ways does this deviate from orthodoxies and universalist approaches? What institutional factors and actors influence the effectiveness of CSR in developing and emerging economies? How can developingandemergingeconomiespromoteaflexible,diverseandreconstructedform ofCSRthatleadstoinclusiveandsustainabledevelopment?Thisbookshouldbereadby anyone interested in understanding what normative factors, theoretical models, policy strategies and corporate practices best facilitate effective CSR and sustainable development. OnyekaK.OsujiisaReaderinLawattheUniversityofEssex.Asaqualifiedbarristerand solicitorinNigeriaandEngland,hehasadvisedindividuals,corporations,andnational and international governmental and non-governmental organisations. Dr. Osuji has published extensively in books and reputable international journals addressing issues ranging from corporate social responsibility and governance to globalization and con- sumer protection. He is also member of the College of Advisors of the ESRC-funded SustainableFinance,theLawandStakeholdersNetwork. FranklinN.NgwuisSeniorLecturerinStrategy,FinanceandRiskManagementatPan- AtlanticUniversityLagosBusinessSchool.HehasworkedwithBarclaysBank,consulted forlocalandinternationalorganisations,andlecturedatmultipleinstitutionsincluding GlasgowCaledonianUniversity,UniversityofSalfordandUniversityofManchester.He has multi-disciplinary teaching and research interests and has published books, many bookchaptersandpapersinpeer-reviewedjournals.Dr.Ngwu’smembershipofprofes- sionalbodiesincludestheSocietyofCorporateGovernanceNigeria,BritishAcademyof Management, Institute of Operational Risk and Expert Network, World Economic Forum. DimaJamaliisProfessorattheOlayanSchoolofBusiness,AmericanUniversityofBeirut and currently the National Representative for Global Compact Network Lebanon (GCNL), a network of businesses committed to advancing Sustainability and the SustainableDevelopment Goals(SDGs)in Lebanon.ShehasaPhDinSocialPolicy and AdministrationfromtheUniversityofKentinCanterbury,UK.Herresearchand teaching revolve primarily around Corporate Social Responsibility (CSR) and Social Entrepreneurship(SE).Sheistheauthorandeditoroffourbooks:CSRintheMiddle East (Palgrave, 2012); Social Entrepreneurship in the Middle East (Palgrave, 2015); DevelopmentOrientedCSR(Greenleaf,2015);andComparativePerspectivesonGlobal CorporateSocialResponsibility(IGI,2016),andover80highlevelinternationalpublica- tions, focusing on different aspects of sustainability and sustainable development and CSRin developing countriesin generaland inthe Middle Eastspecifically. Shewas electedinMay2018asmemberoftheLebaneseParliament. Corporate Social Responsibility in Developing and Emerging Markets institutions, actors and sustainable development Editedby ONYEKA K. OSUJI UniversityofEssexSchoolofLaw FRANKLIN N. NGWU LagosBusinessSchool,Pan-AtlanticUniversity(Nigeria) DIMA JAMALI OlayanSchoolofBusiness,AmericanUniversityofBeirut UniversityPrintingHouse,CambridgeCB28BS,UnitedKingdom OneLibertyPlaza,20thFloor,NewYork,NY10006,USA 477WilliamstownRoad,PortMelbourne,VIC3207,Australia 314–321,3rdFloor,Plot3,SplendorForum,JasolaDistrictCentre,NewDelhi–110025,India 79AnsonRoad,#06–04/06,Singapore079906 CambridgeUniversityPressispartoftheUniversityofCambridge. ItfurtherstheUniversity’smissionbydisseminatingknowledgeinthepursuitof education,learning,andresearchatthehighestinternationallevelsofexcellence. www.cambridge.org Informationonthistitle:www.cambridge.org/9781108472111 DOI:10.1017/9781108579360 ©CambridgeUniversityPress2020 Thispublicationisincopyright.Subjecttostatutoryexception andtotheprovisionsofrelevantcollectivelicensingagreements, noreproductionofanypartmaytakeplacewithoutthewritten permissionofCambridgeUniversityPress. Firstpublished2020 AcataloguerecordforthispublicationisavailablefromtheBritishLibrary. LibraryofCongressCataloging-in-PublicationData NAMES:Osuji,Onyeka,editor.|Ngwu,FranklinN.,1975–editor.|Jamali,Dima,editor. title:Corporatesocialresponsibilityindevelopingandemergingmarkets:institutions,actorsand sustainabledevelopment/editedbyOnyekaOsuji,UniversityofEssexLawSchool,FranklinN.Ngwu, LagosBusinessSchool,Pan-AtlanticUniversity(Nigeria),DimaJamali,OlayanSchoolofBusiness, AmericanUniversityofBeirut. DESCRIPTION:Cambridge,UnitedKingdom;NewYork,NY:CambridgeUniversityPress, 2020.|Includesbibliographicalreferences. IDENTIFIERS:lccn2019029248|isbn9781108472111(hardback) SUBJECTS:LCSH:Socialresponsibilityofbusiness–Developingcountries.|Sustainabledevelopment– Developingcountries. CLASSIFICATION:LCCHD60.5.D44C6742020|DDC338.9/27091724–dc23 LCrecordavailableathttps://lccn.loc.gov/2019029248 ISBN978-1-108-47211-1Hardback CambridgeUniversityPresshasnoresponsibilityforthepersistenceoraccuracyof URLsforexternalorthird-partyinternetwebsitesreferredtointhispublication anddoesnotguaranteethatanycontentonsuchwebsitesis,orwillremain, accurateorappropriate. Tothelovingmemoriesofmybrother,OkechukwuKennethOsuji(died 7 2017 February ),andsister,EgonduMadonnaUkachukwu(died 4 2017 August ),whodiedwhenthisbookwasbeingconceived –OnyekaK.Osuji Tomydad(OzorJacobI.Ngwu),mymum(LoloAnthoniaC.Ngwu), mywife(ChisomNgwu)anddaughter(ChineloNgwu) –FranklinN.Ngwu Withlovingmemoriesofmydad(RashidJamali)whowasthemost ardentsupporterofmycareerinacademia,andcurrentlymyfamily andtwoadorablechildren(OmarandLeya),whoaretheinspiration foreverythinggoodIdoinmylife. –DimaJamali Contents ListofFigures pagex ListofTables xi NotesonContributors xii ForewordbyJeremyMoonandEndorsementbyDavidWilliamson xxiii Preface xxix TableofCases xxxi TableofLegislation xxxv 1 IntroductiontoCorporateSocialResponsibilityinDevelopingand EmergingMarkets:Institutions,ActorsandSustainableDevelopment 1 OnyekaK.Osuji,FranklinN.NgwuandDimaJamali part i institutions, csr conceptualizations and sustainable development 15 2 InstitutionalTheoryandCorporateSocialResponsibilityin DevelopingCountries:aComparativeInstitutionalPerspective 17 VivianaPilato 3 CSRandaCapabilitiesApproachtoDevelopment:CSRLaws asanAllocativeDevice? 31 AdaezeOkoye 4 DomesticAdjudicativeInstitutions,DevelopingCountries andSustainableDevelopment:LinkagesandLimitations 49 OnyekaK.OsujiandPaulU.Abba 5 TheInformalEconomy:CSRandSustainableDevelopment 85 OgechiAdeola,OserereEigbeandOmotayoMuritala vii viii Contents 6 HumanResourceManagementandPoliticalCSRinGlobal SupplyChains:CausesandConsequencesofHostCommunities’ EnduringStruggles 98 HeddaOfooleKnollandFrederickAhen 7 NavigatingtheCSRDiscoursefromaDevelopingCountry’s Perspective:aShifttoHumanCapitalDevelopment? 119 DeborahB.Motilewa,EbesAziegbe-EshoandFranklinN.Ngwu part ii csr and sustainable development cross-country studies 131 8 FirmOwnershipandCorporateSocialResponsibilityinChina: fromaMultipleStakeholderPerspective 133 TingRen,YanFeng,YouzhiXiao,HongyanYangandWenliLiu 9. TheDynamicsofCSR,MandatoryCSRLaws,andCorporateSocial PerformanceinIndia 168 MallikaTamvada 10 Nigeria’sInformalEconomy,SocialResponsibilityandSustainable Development 191 UchennaUzoandOlamideShittu 11 TheEnvironmentinShippingIncidents:SalvageContracts andthePublicInterest 206 DurandM.Cupido 12 FillingInstitutionalVoidsinThailand:theCaseofNestle´ andtheSeafoodCoalition 232 DavidWesley,LuisAlfonsoDauandElizabethM.Moore 13 GenderCompositionoftheUpperEchelonsandFirm SustainabilityPerformance:anExaminationofIstanbul StockExchangeCompanies 258 F.PinarAcarandA.GozdeGozum part iii normative and utility perspectives 279 14 IslamicFinance,SustainableDevelopmentandDeveloping Countries:LinkagesandPotential 281 MohammedK.Alshaleel
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