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Corporate Social Responsibility and Corporate-Community Partnerships (Paperback)
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Corporate Social Responsibility and Corporate-Community Partnerships (Paperback)
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This study explores the role of a corporate- community partnership
in making Corporate Social Responsibility (CSR) a mechanism that
creates shared value for both business and society. The
investigation seeks to shed light on how a partnership can ensure
business benefits in terms of satisfied CSR objectives for a
company, as well as beneficial outcomes in terms of development in
the host-communities. The concept of CSR has caused businesses
world wide to pay increased attention to social and environmental
performance. For those companies operating in developing countries,
these responsibilities are frequently defined in terms of
contributions to sustainable development. While the corporate
rationale for CSR has been firmly identified by previous research,
there are more uncertainties regarding CSR's outcomes and
consequences for the beneficiaries of CSR initiatives in the
host-society. Some companies have therefore chosen to engage in
partnerships in order to contextually tailor their CSR
interventions, improve corporate-community dialogue, and ensure an
appropriate response to local expectations about a company's social
and environmental responsibilities.
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