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E-raamat: Reframing Corporate Social Responsibility: Lessons from the Global Financial Crisis

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Most people have believed that corporate social responsibility (CSR) played a significant role in the 2008 global financial crisis. However, little research has been done to reflect on the underlying issues of CSR in connection to the financial crisis. This collection brings together leading scholarly thinking to understand why CSR failed to prevent the global financial crisis, how corporate social irresponsibility (CSI) contributed to the financial crisis, and how we may reframe CSR or improve CSR frameworks to help prevent or mitigate any future financial and economic crises. This volume concentrates on three key themes: A critical review of the role of CSR played in the financial crisis and its underlying theses; A unique understanding of the institutionalization of CSR in codified rules and the application of CSR into business and management; and; An in-depth exploration of the future direction of CSR as post-crisis agenda.

Arvustused

"Sharply crafted and refreshingly forthright, this edited collection is easily the most incisive scholarly treatment of the rhetoric and reality of 'Corporate Social Responsibility' (CSR) produced since the depths of the Global Financial Crisis (GFC) in 2007-8. It is also the first in what promises to be (under William Sun's expert editorial guidance) a steady flow of high-quality multi-author volumes addressing front-of-mind issues in corporate responsibility, governance and sustainability from a critical yet constructive perspective. If is incontestable that GFC exposed with brutal clarity the depths of corporate irresponsibility and regulatory ineptitude in western market economies, it is also plausible to argue - as do the 13 chapter contributions in this book - that the crisis also laid bare the underlying contradictions and limitations of pre-crisis approaches to CSR. In 2008, CSR (as then conceptualised and practised) was tested and found to wanting - perhaps even exacerbating the crisis rather than ameliorating it. This fine volume offers intelligent and lateral explains as to why this may have been so, as well as providing informed and thoughtful suggestions as to how CSR discourse and practice might be transformed for the greater good. As the volume's editors assert, the overriding conceptual and policy challenge is to reframe CSR from being an optional extra to an 'embedded' ethical imperative, integral to and inseparable from business discourse and values. Here is a book, then, that is designed both to unsettle and to assure; a book that should surely be mandatory reading for every business executive, every business student, and every business academic. Dr John Shields, Professor of Human Resource Management and Organisational Studies, The University of Sydney Business School"

List of Tables
ix
List of Figures
xi
List of Boxes
xiii
List of Contributors
xv
Editorial Advisory and Review Board xvii
Acknowledgments xxi
PART I INTRODUCTION
Reframing Corporate Social Responsibility
3(20)
William Sun
Jim Stewart
David Pollard
PART II UNDERSTANDING THE ROLE OF CSR IN THE FINANCIAL CRISIS
The Nature of Responsibility and the Credit Crunch
23(20)
Simon Robinson
The Role of Corporate Social Responsibility in the Financial Crisis
43(14)
Ralph Tench
Corporate Social Irresponsibility: The Role of Government and Ideology
57(20)
Brian Jones
Performance Management and Neo-Liberal Labour Market Governance: The Case of the UK
77(24)
Alex Nunn
Who is Responsible for the Financial Crisis? Lessons from a Separation Thesis
101(26)
William Sun
Lawrence Bellamy
PART III IMPLEMENTATION OF CSR: REGULATORY MODELS AND MANAGERIAL FRAMEWORKS
Crisis, Rescue, and Corporate Social Responsibility Under American Corporate Law
127(18)
Robert J. Rhee
Institutionalisation of Corporate Social Responsibility in the Corporate Governance Code: The New Trend of the Dutch Model
145(36)
Tineke Lambooy
When Should Companies Voluntarily Agree to Stop Doing Things That are Legal and Profitable But `Socially Useless'; And Would They Ever?
181(26)
Colin Fisher
The Dark Side of Social Capital: Lessons from the Madoff Case
207(24)
Paul Manning
PART IV THE FUTURE OF CSR: A POST-CRISIS AGENDA
CSR 2.0: From the Age of Greed to the Age of Responsibility
231(22)
Wayne Visser
Dying of Consumption? Voluntary Simplicity as an Antidote to Hypermaterialism
253(18)
Hershey H. Friedman
Linda Weiser Friedman
Corporate Social Responsibility in Developing Countries: Polish Perspective
271
Justyna Berniak-Wozny