书目名称 | Development in an Era of Capital Control | 副标题 | Embedding Corporate | 编辑 | Ciara Hackett | 视频video | http://file.papertrans.cn/270/269948/269948.mp4 | 概述 | Part of the Palgrave Macmillan SocioLegal Studies series.Of interest to academics and researchers across a variety of disciplines.Subject of topical interest | 丛书名称 | Palgrave Socio-Legal Studies | 图书封面 |  | 描述 | .Development in an Era of Capital Control .investigates Corporate Social Responsibility (CSR), a 21.st. century buzz word. Centred around the responsibility of business to give .back. to society, this idea is a departure from the traditional view that the responsibility of business is to make a profit. Instead, it supposes that business, society and government can unite to enhance the quality of life in the community in which the business operates. . .This book works from the premise that whereas CSR could assist in developing communities, the quality and value of this contribution is constrained by pre-existing inequalities in the global system, which themselves can be traced to states’ histories and furthered by globalisation. Ciara Hackett shows that while the concept of CSR was designed for an environment where all states are equal, this does not ring true in the real world and consequently the potential for CSR to contribute to development is restricted, most profoundly in those states that would benefit the most.. | 出版日期 | Book 2017 | 关键词 | corporate social responsibility; globalization; Governance; interpretation; responsibility | 版次 | 1 | doi | https://doi.org/10.1057/978-1-137-47746-0 | isbn_ebook | 978-1-137-47746-0Series ISSN 2947-9274 Series E-ISSN 2947-9282 | issn_series | 2947-9274 | copyright | The Editor(s) (if applicable) and The Author(s) 2017 |
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Front Matter |
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Abstract
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,Introduction, |
Ciara Hackett |
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Abstract
When something does not go according to plan, or disaster strikes, the ‘go to’ position is to find out who is to blame for any detrimental effects that may have befallen those questioning. Apportionment of blame is not a new concept and indeed underscores some of the key premises of society, and our legal infrastructure, as it exists today. Financial crises are no different. With the most recent global financial crisis, many sought to apportion blame, with numerous groups being targeted: bankers, regulators, politicians, market participants, credit rating agencies, and so on. Corporate social responsibility (CSR) has been heralded as the manner in which corporations position themselves in society. In recent times the scope of CSR has evolved beyond management school and business rhetoric to become a term recognised by most in society. Whereas the term CSR may be part of general parlance, the nuances of the concept evade many people. This may be attributed to the fluid development of the ideology and, in accordance its evolution has been in a constant state of flux. Discussions on CSR have developed considerably in recent years, to the extent that CSR can now be considered a strateg
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,The Evolution of the CSR Concept: From Sharing to Caring, |
Ciara Hackett |
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Abstract
Corporate social responsibility (CSR) has been heralded as the manner in which corporations position themselves in society. In recent times the scope of CSR has evolved beyond management school and business rhetoric to become a term recognised by most in society. Whereas the term CSR may be part of general parlance, the nuances of the concept evade many people. This may be attributed to the fluid development of the ideology and, in accordance its evolution has been in a constant state of flux. Discussions on CSR have developed considerably in recent years, to the extent that CSR can now be considered a strategic tool in the relationship between business, government and stakeholders alike. This book is concerned with capital generated by MNCs and the relationship between MNCs and the state. The government’s role within CSR, then, is primarily as an external stakeholder of MNCs. This, and stakeholder management more generally, is explored in more detail in Chapter 4, but the idea behind this chapter is to introduce CSR and to consider the character of CSR today. These two tasks provide a useful lens to analyse the evolution of CSR in both academic literature and practical application
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,The Problem With CSR for the Sake of CSR: A Study in Development, |
Ciara Hackett |
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Abstract
With the power shifts in the global system between business and government, and the evolution of our relationship with capital, the role that capital generated by MNCs plays in society has developed considerably in the last century or so. The lines between government and business are becoming increasingly blurred, with CSR policies often complementing, supplementing or even replacing state governments’ agendas on some societal issues. Through the CSR ideology, and increasingly in the wider implication of human rights, business is generally coming to the fore in societal and environmental issues. As we emerge from financial crisis, the challenge is in maintaining and advancing engagement between government and business in social issues (for the benefit of the communities in which the business operates) and in ensuring that CSR benefits national development as well as the MNC’s agenda. The challenge is augmented somewhat by the inequalities in the relationship between government and MNCs. Although not necessarily focused on CSR, much has been written on the contribution of MNCs to national development and specifically how the rising role of the MNC within a state can influence and sh
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,The Rise of Governance and the Fall of Government: Capitalism 2.0, |
Ciara Hackett |
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Abstract
The global system has evolved. Today, we can see a move away from national governments towards a more transnational or global approach to governance. The MNC has a role to play in this shift. This chapter looks into this global shift and the relationships that underpin it in much greater detail. Addressing the TCC as described by Robinson and Harris (2000) and Sklair (2001), this chapter proposes that it is they who are the new dominant actors within the global system. The TCC exists solely for the accumulation of capital on a global scale with no loyalty to anything beyond capital accumulation. However, the reach of the TCC suggests that there is the . for the CSR policies of MNCs (who are within the TCC) to contribute to the development of the areas in which they are based. Until this potential is realised and a true commitment to realising this potential is evident, the value of CSR in the development agenda (as proposed in Chapter 2) is compromised. This chapter builds on Chapters 1 and 2 by recognising the challenges of constructing an effective CSR policy – one that leads to development as opposed to underdevelopment or dependent development.
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,The Changing of the Guard: Government to Gatekeeper, |
Ciara Hackett |
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Changes in the governance structures, which have coincided with shifts in the global system, have contributed to the changing relationship between business and government. Corporate social responsibility (CSR), a key focus of this book, has become much more embedded since early manifestations of the concept. The value of CSR has become increasingly important as states’ power has diminished with the changing world order. As states have become less powerful and ‘smaller’, they have increasingly become dependent on capital generated by MNCs for development within their borders. And so, a new role for government has emerged. No longer ‘global leaders’ in the sense that they once were, governments today now act as quasigatekeepers for regional and national development by trying to persuade MNCs to think long-term about investment . as opposed to short-term profit gain. But the question then becomes, why should MNCs listen to them? MNCs think in the language of corporate governance and consider relationships and influences within business exchanges in this way.
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,Regulating CSR: A Precursor to ‘Complete’ Globalisation, |
Ciara Hackett |
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This chapter posits that in an ideal world, regulation of CSR policy would alleviate many issues. Although the idea of regulating CSR seems paradoxical in nature, the evolution of CSR is such that there is an ideological shift with regard to CSR quasi-regulation in some jurisdictions – for example, in the constituency statutes in the US (state level); s. 172 of the Companies Act 2006 in the UK; s. 223 of the Companies Act 2014 in Ireland; and, perhaps most far reaching, s. 135 Companies Act 2013 in India. Regulation would be ideal to ensure that true ‘development’ occurs beyond dependence on capital investment. It would also ensure that governments’ value as an external stakeholder is realised and, indeed, cement their role within a more globalised market system. However, the challenge lies in the economic climate in which we are currently situated. Not only do states need development via CSR, but also injections of investment are paramount to ensuring growth. This chapter makes the argument that faced with a choice, national governments are less likely to enforce a mandatory CSR agenda if it means losing out on capital investment. Perhaps the solution lies elsewhere.
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Back Matter |
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Abstract
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