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The + (?) Power of CSR

Corporate Social Responsibility (CSR) is a powerful tool. Its shape has been defined and redefined but the main thrust is still the socially responsible treatment of stakeholders. I have argued, elsewhere (‘CSR an International Development: Is business the solution?’ (Earthscan, London, 2006), that corporations are more important than the UN in spending on development and [...]

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Is There a Role for Corporations in Alleviating Poverty in Emerging Markets?

The need to address questions of low living standards, exploitation, poverty, unemployment and how to promote human development, in general, has been almost entirely the preserve of Governments and the UN -especially in the last decade with the emphasis on the MDGs (Millenium Development Goals). The paper will look at whether large private corporations also [...]

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Strategic CSR and Competitive Advantage for Pakistan

CSR is good for business if taken as a strategic approach to running a company or institution. Thus CSR goes further, much further, than a purely philanthropic handout. Corporate Social Responsibility is concerned with treating the key stakeholders of a company or institution ethically or in a responsible manner. ‘Ethically or responsible’ means treating key [...]

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Evolution of CSR Around The Globe: Any Lessons for Pakistan?

CSR has been around for some time although the social responsibility of business was not widely considered to be a significant problem from Adam Smith’s time to the Great Depression. But since the 1930s, and increasingly since the 1960s, social responsibility has become ‘an important issue not only for business but in the theory and [...]

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