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Corporate and Financial Social Leadership in Emerging Markets and the Developing World

Corporate and Financial Social Leadership in Emerging Markets and the Developing World

Julia M. Puaschunder
Copyright: © 2022 |Pages: 23
ISBN13: 9781668455906|ISBN10: 1668455900|EISBN13: 9781668455913
DOI: 10.4018/978-1-6684-5590-6.ch063
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MLA

Puaschunder, Julia M. "Corporate and Financial Social Leadership in Emerging Markets and the Developing World." Research Anthology on Developing Socially Responsible Businesses, edited by Information Resources Management Association, IGI Global, 2022, pp. 1265-1287. https://doi.org/10.4018/978-1-6684-5590-6.ch063

APA

Puaschunder, J. M. (2022). Corporate and Financial Social Leadership in Emerging Markets and the Developing World. In I. Management Association (Ed.), Research Anthology on Developing Socially Responsible Businesses (pp. 1265-1287). IGI Global. https://doi.org/10.4018/978-1-6684-5590-6.ch063

Chicago

Puaschunder, Julia M. "Corporate and Financial Social Leadership in Emerging Markets and the Developing World." In Research Anthology on Developing Socially Responsible Businesses, edited by Information Resources Management Association, 1265-1287. Hershey, PA: IGI Global, 2022. https://doi.org/10.4018/978-1-6684-5590-6.ch063

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Abstract

Corporate social responsibility (CSR) attributes economic, legal, social, and philanthropic responsibilities within the corporate sector. Sustainable financial social responsibility is primarily addressed by socially responsible investment (SRI). This chapter addresses the concepts of CSR and SRI in emerging markets and the developing world with special attention to top-down and bottom-up approaches. Theoretical descriptions discuss the human constituents of responsibility and the international emergence of CSR, with special attention to multi-stakeholder partnerships. The rise of SRI in the international arena in the wake of stakeholder activism and intrinsic socio-psychological motives are outlined. Recommendations target ingraining social responsibility in economic systems by global governance, multi-stakeholder management, and governmental assistance of the implementation and administration of corporate and financial social responsibility.

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