Corporate Social Responsibility

CORPORATE SOCIAL

RESPONSIBILITY

DAVID CROWTHER & G?LER ARAS

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David Crowther & G¨¹ler Aras

Corporate Social Responsibility

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Corporate Social Responsibility

? 2008 David Crowther, G¨¹ler Aras & Ventus Publishing ApS

ISBN 978-87-7681-415-1

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Corporate Social Responsibility

Contents

Contents

1.

1.1

1.2

1.3

1.4

1.5

1.6

1.7

1.8

Defining Corporate Social Responsibility

Introduction

Definitions of CSR

The effects of organisational activity

The principles of CSR

Conclusion

References

Further reading

Self-test Questions

10

10

10

13

14

17

17

18

18

2.

2.1

2.2

2.3

2.3.1

2.4

2.5

2.6

2.7

2.8

2.9

2.10

The principles of CSR

Introduction

The prominence of CSR

Changing emphasis in companies

Sustainability

Environmental issues and their effects and implications

Externalising costs

The Social Contract

Conclusions

References

Further reading

Self-test Questions

19

19

19

20

21

22

22

25

26

26

27

27

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Corporate Social Responsibility

Contents

Stakeholders & the social contract

Introduction

What is a stakeholder?

Multiple stakeholding

The classification of stakeholders

Stakeholder Theory

Regulation and its implications

Risk Reducing

Conclusions

References

Further Reading

Self-test Questions

28

28

28

30

30

30

34

36

38

38

40

40

4.

4.1

4.2

4.3

4.4

4.5

4.6

4.7

4.8

4.9

4.10

Issues concerning Sustainability

Introduction

Defining sustainability

The Brundtland Report

Critiquing Brundtland

Sustainability and the Cost of Capital

Redefining sustainability

Distributable sustainability

Summarising Sustainability

Conclusions

References

41

41

41

42

43

45

46

49

50

51

51

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3.

3.1

3.2

3.3

3.4

3.5

3.6

3.7

3.8

3.9

3.10

3.11

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