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Corporate responsibility: a critical introduction

Author: Blowfield, Michael ; Murray, AlanPublisher: Oxford University Press (OUP) 2008.Language: EnglishDescription: 452 p. ; 24 cm.ISBN: 9780199209095Type of document: Book
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Item type Current location Collection Call number Status Date due Barcode Item holds
Book Asia Campus
Textbook Collection
Print HD6950.4 .B56 2008
(Browse shelf)
900185325
Consultation only 900185325
Book Europe Campus
Main Collection
Print HD6950.4 .B56 2008
(Browse shelf)
001217854
Available 001217854
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CONTENTS Corporate Responsibility: A Critical Introduction Corporate Responsibility: A Critical lntroduction List of figures List of boxes List of case studies List of abbreviations xvi xvii xix Introduction The right time to examine corporate responsibility Ways of examming corporate responsibility-field, Structure Part I-The Part 3-The discipline, and practice meaning and origins of corporate responsibility and ~mplementing corporate responsibility impact, critics, and future of corporate responsibility Part 2-Managing Using the book and related resources Online Resource Centre (ORC) PART 1 The meaning and origins of corporate responsibility 1 Introducing corporate responsibility Why corporate responsibility? Definitions of corporate responsibility A framework for understanding corporate responsibility Values-driven business Business ethics Business and society A taxonomy of business responsibilities Legal compliance Philanthropy and community investment Environmental management Sustainability Animal rights Human rights Workers' rights and welfare Market relations Corruption Corporate governance 2 The origins of corpnmte responsibility Introduction Three eras of responsibility The Industrial Revolution The mid-twentiethcentury welfare state Globalization Corporate responsibility theory in historical context Business before and beyond capitalism Economics and society Capitalism-the backdrop to corporate responsibility Theories of corporate responsibility Evolution of corporate responsibility theory The responsible enterprise Ethical theory Natural rights and the social contract Consequent~al~sm Non-consequentialism From theory to practice Environmental ethics 3 Globalization and inte~nafional development Globalization and corporate responsiblity The meaning of 'globalization' Globalization-a tale of the glass half full Globalization-a tale of the glass half empty Globalization, global poverty, and mternational development Major consequences of globalization Global capital, production, and trade The changing nature of governance and enforcement Corporate responsibility as a response to globalization How corporate responsibility addresses the challenges of globalization Unmet challenges PART 2 Managing and implementing corporate responsibility 4 Haw corporate responsibility is managed What is the company trying to achieve? Basic distinctions In corporate responsibility purpose Stages of corporate responsibility Qualities of good corporate responsibility management Structuring the corporate responsibility function Corporate responsibil~ty strategy as Challenges Management capacity and outside expertise The corporate responsibility mindset Influencing suppliers and customers Variations in management between industries Corporate responsibility in small and medium-sized companies 5 The business case for borporafe respunsibifity Importance of the business case Examples of the benefits to business What is meant by the 'business case' Dimensions of corporate responsibility Measures of business performance Factors affecting the business case Evidence of a business case Pos~tive relationships Neutral and negative relationships How reliable is the evidence? Additional facets of the business case 130 A new kind of business case 6 StakehoE$Bfs, standards, and regional variations Stakeholder engagement Stakeholder theory Management or engagement? Corporate responsibility standards Features of standards Examples of standards lmplementmg standards How national and regional variation influences corporate responsibilin/ Management in developing and emerging economies Management in developed economies 7 Social accounting The key role of accounting in understanding corporate responsibility The nature of social reporting The emergence of corporate social reporting The upsurge in social reporting since the early 1990s Programmes and initiatives Trends in social reporting Research into social reporting Conventional financial reporting and social reporting 188 Reporting issues for corporate management The role of third-party verification statements The trend towards external verification What is 'corporate governance'? Theories of corporate governance The 'drivers' of corporate governance reform Changing ownership structure Corporate collapse and malfeasance The development of the UK corporate governance framework The Cadbury Report (1992) The Greenbury Report (1995) The Hampel Report (!998) The Combined Code (1998) The Turnbull Report (1999) The Higgs Report (2003) The Smith Report (2003) The Revised Combined Code 2003 Commentary on governance codes from a corporate responsibility perspective Accountability 'Meaningful stakeholder engagement' 9 Sustainable development Meanings of 'sustainability' and 'sustainable development' The UN World Commiss~on Economic Development on The WCED definition of sustainable development Climate change and global warming The challenge to business New models of sustainable business Capital markets and sustainable development Signals to the market Rewarding financial intermediaries 10 Stakehokfer partnerships Stakeholders Business as stakeholder Government as stakeholder Civil society as stakeholder Partnerships Reasons for partnership Types of partnership The value of partnerships Implementing partnerships The United Nations Global Compact 11 Socially responsible investment The origins and development of socially responsible investment The origins of ethical investment Criteria for socially responsible investment and screening processes Negative screening Positive screening Fund indices New indices and initiatives Ethical fund performance compared with traditional funds SRl index performance SRI fund performance Engagement Shareholder activism Proxy voting Policies statements, structures, and resources Levels of engagement Other SRl approaches Venture philanthropy Environmental venture capital Community development investment funds Microcredit Markets and ethics North America Europe Asia and the Pacific Rim Trends in SRI The growth of screened funds Reconceptualizingthe social return on investment PART 3 The impact, critics, and future of corporate responsibility 12 The impact of corporate responsibility Understanding impact The meaning of 'impact' How we learn about impact and the limits of our knowledge The limitations of the information A framework for understandingimpact Different dimensions of the impact of corporate responsibility The impact of corporate responsibility on the 'big picture' lmpact and the business case lmpact on business attitudes, awareness, and practices lmpact on other stakeholders The impact of corporate responsibility on itself The challenges of determming impact 13 Criticisms of corporate responsibility Introducingcritiques of corporate responsibility 'Corporate responsibility is anti-business' 'Corporate responsibility is pro-business' 'The scope of corporate responsibility is too narrow' 'Corporate responsibility fails to achieve its goals' 14 the futureof corporate responsibility Where is corporate responsibility heading? Mega-trends affecting corporate responsibility The global context-climate change, demographic change, and poverty The power of multinationals Corporate governance Enhancing corporate responsibility The professionalizationof corporate responsibility Beyond ethical sourcing Adopting international standards Making corporate responsibility more inclusive Responsible consumers Engaging financial institutions New types of approach New philanthropy Social entrepreneurship Sustainable consumption and production The role of business in society What is the role of business? The role of capital markets Transforming the corporate purpose Appendix Glossary Bibliography Name lndex Subject lndex

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