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Recommendations: Addressing the Imbalances of Corporate Social Responsibility in Developed and Developing Countries

Recommendations: Addressing the Imbalances of Corporate Social Responsibility in Developed and Developing Countries

Marianne Ojo
Copyright: © 2016 |Pages: 11
ISBN13: 9781522503057|ISBN10: 1522503056|EISBN13: 9781522503064
DOI: 10.4018/978-1-5225-0305-7.ch016
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MLA

Ojo, Marianne. "Recommendations: Addressing the Imbalances of Corporate Social Responsibility in Developed and Developing Countries." Analyzing the Relationship between Corporate Social Responsibility and Foreign Direct Investment, edited by Marianne Ojo, IGI Global, 2016, pp. 253-263. https://doi.org/10.4018/978-1-5225-0305-7.ch016

APA

Ojo, M. (2016). Recommendations: Addressing the Imbalances of Corporate Social Responsibility in Developed and Developing Countries. In M. Ojo (Ed.), Analyzing the Relationship between Corporate Social Responsibility and Foreign Direct Investment (pp. 253-263). IGI Global. https://doi.org/10.4018/978-1-5225-0305-7.ch016

Chicago

Ojo, Marianne. "Recommendations: Addressing the Imbalances of Corporate Social Responsibility in Developed and Developing Countries." In Analyzing the Relationship between Corporate Social Responsibility and Foreign Direct Investment, edited by Marianne Ojo, 253-263. Hershey, PA: IGI Global, 2016. https://doi.org/10.4018/978-1-5225-0305-7.ch016

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Abstract

As well as contributing to a deeper insight of why focus of Corporate Social Responsibility varies between developed and developing countries, this chapter is aimed at contributing to knowledge and providing a better understanding of institutional and corporate structures operating in developed and developing countries. Such institutional and corporate structures constituting some of the factors which may impact a firm's responsibilities to much wider stakeholders, and particularly its commitment to ensuring that its activities do not adversely impact the ecosystem in which it operates. By incorporating the role of corporate governance, importance and significance of innovation and entrepreneurship, the chapter not only aims to recommend means whereby Corporate Social Responsibility can serve as a more effective tool for promoting worthy causes, and ensuring that obligations to the ecosystem and wider stakeholders are facilitated, but also highlight why a redress in the focus of Corporate Social Responsibility, as regards developing countries particularly, needs to be re-evaluated.

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