Corporate Social Responsibility in Developing and Emerging Markets Institutions, Actors and Sustainable Development
Book contents
- Corporate Social Responsibility in Developing and Emerging Markets
- Corporate Social Responsibility in Developing and Emerging Markets
- Copyright page
- Dedication
- Contents
- Figures
- Tables
- Notes on Contributors
- Foreword
- Endorsement
- Preface
- Table of Cases
- Table of Legislation
- 1 Introduction to Corporate Social Responsibility in Developing and Emerging Markets: Institutions, Actors and Sustainable Development
- Part I Institutions, CSR Conceptualizations and Sustainable Development
- 2 Institutional Theory and Corporate Social Responsibility in Developing Countries: a Comparative Institutional Perspective
- 3 CSR and a Capabilities Approach to Development: CSR Laws as an Allocative Device?
- 4 Domestic Adjudicative Institutions, Developing Countries and Sustainable Development: Linkages and Limitations
- 5 The Informal Economy: CSR and Sustainable Development
- 6 Human Resource Management and Political CSR in Global Supply Chains: Causes and Consequences of Host Communities’ Enduring Struggles
- 7 Navigating the CSR Discourse from a Developing Country’s Perspective: a Shift to Human Capital Development?
- Part II CSR and Sustainable Development Cross-Country Studies
- Part III Normative and Utility Perspectives
- References
7 - Navigating the CSR Discourse from a Developing Country’s Perspective: a Shift to Human Capital Development?
from Part I - Institutions, CSR Conceptualizations and Sustainable Development
Published online by Cambridge University Press: 18 December 2019
Book contents
- Corporate Social Responsibility in Developing and Emerging Markets
- Corporate Social Responsibility in Developing and Emerging Markets
- Copyright page
- Dedication
- Contents
- Figures
- Tables
- Notes on Contributors
- Foreword
- Endorsement
- Preface
- Table of Cases
- Table of Legislation
- 1 Introduction to Corporate Social Responsibility in Developing and Emerging Markets: Institutions, Actors and Sustainable Development
- Part I Institutions, CSR Conceptualizations and Sustainable Development
- 2 Institutional Theory and Corporate Social Responsibility in Developing Countries: a Comparative Institutional Perspective
- 3 CSR and a Capabilities Approach to Development: CSR Laws as an Allocative Device?
- 4 Domestic Adjudicative Institutions, Developing Countries and Sustainable Development: Linkages and Limitations
- 5 The Informal Economy: CSR and Sustainable Development
- 6 Human Resource Management and Political CSR in Global Supply Chains: Causes and Consequences of Host Communities’ Enduring Struggles
- 7 Navigating the CSR Discourse from a Developing Country’s Perspective: a Shift to Human Capital Development?
- Part II CSR and Sustainable Development Cross-Country Studies
- Part III Normative and Utility Perspectives
- References
Summary
Several sources of today’s pressure on managers operating in developing and emerging economies (DEEs) are arguably more associated with social issues than profit-making concerns. Managers are thus faced with understanding and embedding solutions to societal challenges in their core business strategies in order to be sustainable. Consequently, solutions that go beyond the traditional focus of the CSR discourse on philanthropy in DEMs have become much more imperative as companies strive to use CSR to re-engineer their value chain. As lack of adequate human skills remains a major problem to firms and society, the existing challenges of human capital in many DEMs present businesses (both small and big firms) with the opportunity to use CSR to increase the knowledge, skills and abilities of both their workforce and the society in general. A firm that is able to invest in human capital development across the entire spectrum of its several stakeholders is more likely to achieve a higher competitive advantage and sustainable growth. In this chapter, we present case studies of two different approaches to using CSR as a tool for human capital development in Africa and given the success of the companies, it is recommended that firms operating in DEMs should place emphasis on developing and utilizing CSR policies and strategies for human capital development.
Keywords
- Type
- Chapter
- Information
- Corporate Social Responsibility in Developing and Emerging MarketsInstitutions, Actors and Sustainable Development, pp. 119 - 130Publisher: Cambridge University PressPrint publication year: 2019
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