International Corporate Governance, 3rd Edition

8 Corporate social responsibility

DOI: 10.4324/9781003181118-8

Introduction

This chapter considers the corporate social responsibility movement that in recent decades has attempted with some degree of success to encourage business internationally to become more socially and environmentally responsible. In truth the effectiveness of the corporate social responsibility (CSR) movement has often proved limited, and critics have argued that many CSR initiatives have represented largely public relations exercises rather than substantive commitments. Bridging this great divide between corporate governance and corporate social and environmental responsibility is the next great challenge for business. Integrating corporate responsibility into all ...