Verfügbarkeit: Corporate responsibility

Corporate responsibility: a critical introduction

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Bibliographische Detailangaben
Hauptverfasser:	Blowfield, Michael (VerfasserIn), Murray, Alan (VerfasserIn)
Format:	Buch
Sprache:	English
Veröffentlicht:	Oxford [u.a.] Oxford Univ. Press 2008
Ausgabe:	1. publ.
Schlagworte:	Corporate Social Responsibility Social responsibility of business Unternehmen Soziale Verantwortung Unternehmensethik
Online-Zugang:	Inhaltsverzeichnis
Beschreibung:	XX, 452 S.
ISBN:	9780199209095

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adam_text	CONTENTS List of figures xv List of boxes xvi List of case studies xvii List of abbreviations xix Introduction 1 The right time to examine corporate responsibility 2 Ways of examining corporate responsibility — field, discipline, and practice 2 Structure 4 Part 1— The meaning and origins of corporate responsibility 4 Part 2— Managing and implementing corporate responsibility 4 Part 3— The impact, critics, and future of corporate responsibility 4 Using the book and related resources 5 Online Resource Centre (ORC) 5 PARTI The meaning and origins of corporate responsibility 7 1 Introducing corporate responsibility 9 Why corporate responsibility? 10 Definitions of corporate responsibility 12 A framework for understanding corporate responsibility 16 Values-driven business 17 Business ethics 18 Business and society 20 A taxonomy of business responsibilities 24 Legal compliance 25 Philanthropy and community investment 25 Environmental management 26 Sustainability 27 Animal rights 29 Human rights 30 Workers'rights and welfare 31 Market relations 32 Corruption 34 Corporate governance 35 CONTENTS 2 The origins of corporate responsibility 40 Introduction 41 Three eras of responsibility 43 The Industrial Revolution 44 The mid-twentieth-century welfare state 46 Globalization 49 Corporate responsibility theory in historical context 50 Business before and beyond capitalism 50 Economics and society 52 Capitalism — the backdrop to corporate responsibility 53 Theories of corporate responsibility 55 Evolution of corporate responsibility theory 55 The responsible enterprise 56 Ethical theory 61 Natural rights and the social contract 62 Consequentialism 62 Non-consequentialism 63 From theory to practice 63 Environmental ethics 64 3 Globalization and international development 70 Globalization and corporate responsiblity 71 The meaning of 'globalization' 72 Globalization — a tale of the glass half full 75 Globalization — a tale of the glass half empty 76 Globalization, global poverty, and international development 81 Major consequences of globalization 81 Global capital, production, and trade 81 The changing nature of governance and enforcement 83 Corporate responsibility as a response to globalization 87 How corporate responsibility addresses the challenges of globalization 88 Unmet challenges 90 PART 2 Managing and implementing corporate responsibility 97 4 How corporate responsibility is managed 99 What is the company trying to achieve? 100 Basic distinctions in corporate responsibility purpose 102 Stages of corporate responsibility 104 Qualities of good corporate responsibility management 107 Structuring the corporate responsibility function 112 CONTENTS Corporate responsibility as strategy 114 Challenges 117 Management capacity and outside expertise 118 The corporate responsibility mindset 119 Influencing suppliers and customers 119 Variations in management between industries 123 Corporate responsibility in small and medium-sized companies 123 5 The business case for corporate responsibility 130 Importance of the business case 131 Examples of the benefits to business 132 What is meant by the 'business case' 134 Dimensions of corporate responsibility 134 Measures of business performance 135 Factors affecting the business case 136 Evidence of a business case 138 Positive relationships 138 Neutral and negative relationships 142 How reliable is the evidence? 144 Additional facets of the business case 146 Anew kind of business case 150 6 Stakeholders, standards, and regional variations 158 Stakeholder engagement 159 Stakeholder theory 160 Management or engagement? 162 Corporate responsibility standards 166 Features of standards 166 Examples of standards 172 Implementing standards 174 How national and regional variation influences corporate responsibility 176 Management in developing and emerging economies 177 Management in developed economies 181 7 Social accounting 188 The key role of accounting in understanding corporate responsibility 189 The nature of social reporting 192 The emergence of corporate social reporting 194 The upsurge in social reporting since the early 1 990s 1 9Б Programmes and initiatives 195 Trends in social reporting 196 Research into social reporting 196 Conventional financial reporting and social reporting 199 CONTENTS Reporting issues for corporate management 200 The role of third-party verification statements 202 The trend towards external verification 203 8 The place of corporate responsibility in the corporate governance framework 209 What is'corporate governance'? 210 Theories of corporate governance 211 The 'drivers' of corporate governance reform 213 Changing ownership structure 213 Corporate collapse and malfeasance 213 The development of the UK corporate governance framework 216 The Cadbury Report (1992) 216 The Greenbury Report (1995) 216 The Hampel Report (!998) 217 The Combined Code (1998) 217 The Turnbull Report (1999) 218 The Higgs Report (2003) 219 The Smith Report (2003) 220 The Revised Combined Code 2003 220 Commentary on governance codes from a corporate responsibility perspective 221 Accountability 222 'Meaningful stakeholder engagement' 224 9 Sustainable development 229 Meanings of 'sustainability' and 'sustainable development' 230 The UN World Commission on Economic Development 231 The WCED definition of sustainable development 235 Climate change and global warming 237 The challenge to business 239 New models of sustainable business 241 Capital markets and sustainable development 243 Signals to the market 243 Rewarding financial intermediaries 244 10 Stakeholder partnerships 251 Stakeholders 252 Business as stakeholder 253 Government as stakeholder 255 Civil society as stakeholder 257 Partnerships 259 Reasons for partnership 259 Types of partnership 261 CONTENTS The value of partnerships 266 Implementing partnerships 267 The United Nations Global Compact 271 11 Socially responsible investment 278 The origins and development of socially responsible investment 279 The origins of ethical investment 280 Criteria for socially responsible investment and screening processes 283 Negative screening 283 Positive screening 284 Fund indices 284 New indices and initiatives 285 Ethical fund performance compared with traditional funds 287 SRI index performance 287 SRI fund performance 287 Engagement 288 Shareholder activism 289 Proxy voting 289 Policies statements, structures, and resources 291 Levels of engagement 292 Other SRI approaches 292 Venture philanthropy 292 Environmental venture capital 293 Community development investment funds 295 Microcredit 295 Markets and ethics 296 North America 296 Europe 297 Asia and the Pacific Rim 298 Trends in SRI 300 The growth of screened funds 300 Reconceptualizing the social return on investment 301 PART3 The impact, critics, and future of corporate responsibility 305 12 The impact of corporate responsibility 307 Understanding impact 308 The meaning of 'impact' 309 How we learn about impact and the limits of our knowledge 309 The limitations of the information 311 A framework for understanding impact 314 CONTENTS Different dimensions of the impact of corporate responsibility 315 The impact of corporate responsibility on the 'big picture' 315 Impact and the business case 321 Impact on business attitudes, awareness, and practices 323 Impact on other stakeholders 327 The impact of corporate responsibility on itself 328 The challenges of determining impact 330 13 Criticisms of corporate responsibility 338 Introducing critiques of corporate responsibility 339 'Corporate responsibility is anti-business' 342 'Corporate responsibility is pro-business' 345 The scope of corporate responsibility is too narrow' 350 'Corporate responsibility fails to achieve its goals' 353 14 The future of corporate responsibility 362 Where is corporate responsibility heading? 363 Mega-trends affecting corporate responsibility 366 The global context — climate change, demographic change, and poverty 366 The power of multinationals 369 Corporate governance 371 Enhancing corporate responsibility 372 The professionalization of corporate responsibility 372 Beyond ethical sourcing 374 Adopting international standards 374 Making corporate responsibility more inclusive 375 Responsible consumers 375 Engaging financial institutions 376 New types of approach 378 New philanthropy 378 Social entrepreneurship 379 Sustainable consumption and production 380 The role of business in society 381 What is the role of business? 382 The role of capital markets 383 Transforming the corporate purpose 385 Appendix 391 Glossary 395 Bibliography 405 Name Index 431 Subject Index 433
adam_txt	CONTENTS List of figures xv List of boxes xvi List of case studies xvii List of abbreviations xix Introduction 1 The right time to examine corporate responsibility 2 Ways of examining corporate responsibility — field, discipline, and practice 2 Structure 4 Part 1— The meaning and origins of corporate responsibility 4 Part 2— Managing and implementing corporate responsibility 4 Part 3— The impact, critics, and future of corporate responsibility 4 Using the book and related resources 5 Online Resource Centre (ORC) 5 PARTI The meaning and origins of corporate responsibility 7 1 Introducing corporate responsibility 9 Why corporate responsibility? 10 Definitions of corporate responsibility 12 A framework for understanding corporate responsibility 16 Values-driven business 17 Business ethics 18 Business and society 20 A taxonomy of business responsibilities 24 Legal compliance 25 Philanthropy and community investment 25 Environmental management 26 Sustainability 27 Animal rights 29 Human rights 30 Workers'rights and welfare 31 Market relations 32 Corruption 34 Corporate governance 35 CONTENTS 2 The origins of corporate responsibility 40 Introduction 41 Three eras of responsibility 43 The Industrial Revolution 44 The mid-twentieth-century welfare state 46 Globalization 49 Corporate responsibility theory in historical context 50 Business before and beyond capitalism 50 Economics and society 52 Capitalism — the backdrop to corporate responsibility 53 Theories of corporate responsibility 55 Evolution of corporate responsibility theory 55 The responsible enterprise 56 Ethical theory 61 Natural rights and the social contract 62 Consequentialism 62 Non-consequentialism 63 From theory to practice 63 Environmental ethics 64 3 Globalization and international development 70 Globalization and corporate responsiblity 71 The meaning of 'globalization' 72 Globalization — a tale of the glass half full 75 Globalization — a tale of the glass half empty 76 Globalization, global poverty, and international development 81 Major consequences of globalization 81 Global capital, production, and trade 81 The changing nature of governance and enforcement 83 Corporate responsibility as a response to globalization 87 How corporate responsibility addresses the challenges of globalization 88 Unmet challenges 90 PART 2 Managing and implementing corporate responsibility 97 4 How corporate responsibility is managed 99 What is the company trying to achieve? 100 Basic distinctions in corporate responsibility purpose 102 Stages of corporate responsibility 104 Qualities of good corporate responsibility management 107 Structuring the corporate responsibility function 112 CONTENTS Corporate responsibility as strategy 114 Challenges 117 Management capacity and outside expertise 118 The corporate responsibility mindset 119 Influencing suppliers and customers 119 Variations in management between industries 123 Corporate responsibility in small and medium-sized companies 123 5 The business case for corporate responsibility 130 Importance of the business case 131 Examples of the benefits to business 132 What is meant by the 'business case' 134 Dimensions of corporate responsibility 134 Measures of business performance 135 Factors affecting the business case 136 Evidence of a business case 138 Positive relationships 138 Neutral and negative relationships 142 How reliable is the evidence? 144 Additional facets of the business case 146 Anew kind of business case 150 6 Stakeholders, standards, and regional variations 158 Stakeholder engagement 159 Stakeholder theory 160 Management or engagement? 162 Corporate responsibility standards 166 Features of standards 166 Examples of standards 172 Implementing standards 174 How national and regional variation influences corporate responsibility 176 Management in developing and emerging economies 177 Management in developed economies 181 7 Social accounting 188 The key role of accounting in understanding corporate responsibility 189 The nature of social reporting 192 The emergence of corporate social reporting 194 The upsurge in social reporting since the early 1 990s 1 9Б Programmes and initiatives 195 Trends in social reporting 196 Research into social reporting 196 Conventional financial reporting and social reporting 199 CONTENTS Reporting issues for corporate management 200 The role of third-party verification statements 202 The trend towards external verification 203 8 The place of corporate responsibility in the corporate governance framework 209 What is'corporate governance'? 210 Theories of corporate governance 211 The 'drivers' of corporate governance reform 213 Changing ownership structure 213 Corporate collapse and malfeasance 213 The development of the UK corporate governance framework 216 The Cadbury Report (1992) 216 The Greenbury Report (1995) 216 The Hampel Report (!998) 217 The Combined Code (1998) 217 The Turnbull Report (1999) 218 The Higgs Report (2003) 219 The Smith Report (2003) 220 The Revised Combined Code 2003 220 Commentary on governance codes from a corporate responsibility perspective 221 Accountability 222 'Meaningful stakeholder engagement' 224 9 Sustainable development 229 Meanings of 'sustainability' and 'sustainable development' 230 The UN World Commission on Economic Development 231 The WCED definition of sustainable development 235 Climate change and global warming 237 The challenge to business 239 New models of sustainable business 241 Capital markets and sustainable development 243 Signals to the market 243 Rewarding financial intermediaries 244 10 Stakeholder partnerships 251 Stakeholders 252 Business as stakeholder 253 Government as stakeholder 255 Civil society as stakeholder 257 Partnerships 259 Reasons for partnership 259 Types of partnership 261 CONTENTS The value of partnerships 266 Implementing partnerships 267 The United Nations Global Compact 271 11 Socially responsible investment 278 The origins and development of socially responsible investment 279 The origins of ethical investment 280 Criteria for socially responsible investment and screening processes 283 Negative screening 283 Positive screening 284 Fund indices 284 New indices and initiatives 285 Ethical fund performance compared with traditional funds 287 SRI index performance 287 SRI fund performance 287 Engagement 288 Shareholder activism 289 Proxy voting 289 Policies statements, structures, and resources 291 Levels of engagement 292 Other SRI approaches 292 Venture philanthropy 292 Environmental venture capital 293 Community development investment funds 295 Microcredit 295 Markets and ethics 296 North America 296 Europe 297 Asia and the Pacific Rim 298 Trends in SRI 300 The growth of screened funds 300 Reconceptualizing the social return on investment 301 PART3 The impact, critics, and future of corporate responsibility 305 12 The impact of corporate responsibility 307 Understanding impact 308 The meaning of 'impact' 309 How we learn about impact and the limits of our knowledge 309 The limitations of the information 311 A framework for understanding impact 314 CONTENTS Different dimensions of the impact of corporate responsibility 315 The impact of corporate responsibility on the 'big picture' 315 Impact and the business case 321 Impact on business attitudes, awareness, and practices 323 Impact on other stakeholders 327 The impact of corporate responsibility on itself 328 The challenges of determining impact 330 13 Criticisms of corporate responsibility 338 Introducing critiques of corporate responsibility 339 'Corporate responsibility is anti-business' 342 'Corporate responsibility is pro-business' 345 The scope of corporate responsibility is too narrow' 350 'Corporate responsibility fails to achieve its goals' 353 14 The future of corporate responsibility 362 Where is corporate responsibility heading? 363 Mega-trends affecting corporate responsibility 366 The global context — climate change, demographic change, and poverty 366 The power of multinationals 369 Corporate governance 371 Enhancing corporate responsibility 372 The professionalization of corporate responsibility 372 Beyond ethical sourcing 374 Adopting international standards 374 Making corporate responsibility more inclusive 375 Responsible consumers 375 Engaging financial institutions 376 New types of approach 378 New philanthropy 378 Social entrepreneurship 379 Sustainable consumption and production 380 The role of business in society 381 What is the role of business? 382 The role of capital markets 383 Transforming the corporate purpose 385 Appendix 391 Glossary 395 Bibliography 405 Name Index 431 Subject Index 433
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title	Corporate responsibility a critical introduction
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title_exact_search	Corporate responsibility a critical introduction
title_exact_search_txtP	Corporate responsibility a critical introduction
title_full	Corporate responsibility a critical introduction Michael Blowfield & Alan Murray
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title_full_unstemmed	Corporate responsibility a critical introduction Michael Blowfield & Alan Murray
title_short	Corporate responsibility
title_sort	corporate responsibility a critical introduction
title_sub	a critical introduction
topic	Corporate Social Responsibility Social responsibility of business Corporate Social Responsibility (DE-588)7697760-2 gnd Unternehmen (DE-588)4061963-1 gnd Soziale Verantwortung (DE-588)4055737-6 gnd Unternehmensethik (DE-588)4202404-3 gnd
topic_facet	Corporate Social Responsibility Social responsibility of business Unternehmen Soziale Verantwortung Unternehmensethik
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