The notion that business should be accountable to the society in which it operates is not new. Increased emphasis on businesses’ practices by a range of stakeholders has meant that the concept of corporate social responsibility (CSR) has also come under greater scrutiny. There is a growing international trend towards mandatory regulation and an increasing […]
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 […]
Finally, all those chain email hoaxes about Bill Gates giving his wealth away have come true in a form that may defeat even the most fanciful imagination: Bill & wife Melinda Gates have pledged to give billions of dollars worth of wealth away to philanthropy. They are joined by billionaire investor friend Warren Buffet who […]
I have to admit: exploring the role of poverty alleviation in CSR is indeed a ‘tricky’ idea. Beyond mere pure philanthropy (some of which is sadly more like photo-op sessions), ‘what can corporations do to seriously address the poverty issue’ is one of those proverbial million dollar questions. Still, here is an attempt to put […]
