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Responsibility is demonstrated by actions and deeds, not by words or information inserted in glossy magazines called CSR Reports, or on corporate websites. As a matter of fact, remarkable progress has been made around the world in corporate social responsibility.
There is compelling evidence to support this claim. For example, it has been manifested from the number of issues in the field that we debate, research, write about and hold conferences and workshops on today, which were never on any research or practitioners agenda some 50 or so years ago.
By way of further examples, 50 years ago no one talked about global development, climate change, corporate and individual impacts on the rainforest, extreme poverty in faraway places, depletion of man s natural resources or sustainable development, but today these are issues we debate and talk about freely and with passion.
This can only be attributed to the coming of age of CSR. It is believed that a book on socio-economic development perspectives of CSR would provide us with a framework for a better understanding of how the field of CSR is contributing to development as it continues to evolve in many countries around the world.
Our world continues to be radically different from what it used to be as a result of many factors, including socially responsible actions by every corporate and individual citizen. We all need to understand the developmental perspectives of CSR and how this is happening and being recognized in different places around the globe. This book has therefore been fortunate in its ability to have attracted interest from scholars writing about socio-economic development perspectives of CSR from ten countries experiences, namely Australia, Botswana, China, India, Nigeria, Poland, Romania, Tanzania, Turkey and the USA.
It is therefore hoped that the information it contains will be useful to our readers from any sector of society, for example education, 22 xxiv People, Planet and Profit industry and commerce, practitioners, international organizations, governments, nongovernmental organizations and those who are enthusiastic about the developmental impacts of CSR.
Samuel O. Kasum, Nigeria 23 Acknowledgements Publishing an edited book by several contributors spread around the globe is definitely a team effort of several committed professionals; the putting together of this book is no exception to that general belief and understanding.
Our first thank you, therefore, goes out to all our fantastic contributors who are located in 11 countries around the world; without whose hard work and professionalism; there would have been no edited book to publish on how CSR in contributing to socio-economic development around the world.
The three Editors appreciate these individuals hard work and will remain indebted to them all for a very long time if not forever for making the publication of this book a reality.
There are also some individuals we want to thank: Samuel O.
Idowu would like to thank the following friends and colleagues who have assisted him either directly or indirectly in ensuring the publication of his eleventh book in the series of books, Richard Ennals, Pat Wood, David Ogunlaja, Samuel Ogunlaja, Edward O.
Akintaro, Jeremiah O. His thanks are also due to his brother and sister; Michael A. Idowu and Elizabeth A. Lawal, the same are also due to members of his direct clan his wife Olufunmilola O. Idowu and their young children Josiah Opeyemi Idowu and Hannah Ayomide Idowu who continue to support him during the entire process of managing this volume, others in his book series and who have once again shared with him both the pleasures and travails of his publishing venture.
Abubakar S. Kasum would like to acknowledge Professors M. Nassar, H. Saliu, A. Aderinto, T. Asaolu and Dr A.
Owolabi, for the different roles played by them in his academic career. He would also like to thank Dr A.
Abdulraheem and his other colleagues in the Department of Accounting and Finance, University of Ilorin. His thanks also go to members of his family: Hamidat A. Specific thanks also go to Dr M. She would also like to remember and send her gratitude to heaven to her dear Father Professor Dr Ali Sait Yuksel who had always been her role model in her life. The three Editors would like to thank two colleagues at Gower Publishing Company: their Publishing Editor, Martin West, and his Assistant, Donna Shanks, for their professional support during the process of putting together the bits and pieces that make up the book.
For example CSR has enabled us to respond to climate change, address the consequences of globalization, increase the effectiveness of internal corporate governance, uphold international human rights, increase justice and equity, especially in the poorest parts of the world, fight corruption and poor governance and achieve stable and sustainable economic growth Blowfield and Murray, Our understanding of these issues has provided us with the opportunity to break these complex challenges down into addressable pieces.
The Editors of People, Planet and Profit: Socio-economic Perspectives of CSR believe that while corporate social responsibility is by no means a new concept, neither to academics nor practitioners, insufficient attention has thus far been paid to the end product of CSR in practice, which they define in terms of social and economic developmental effect. The contributions in this edited volume therefore serve to explain the developmental aspect of CSR from a conceptual perspective and to provide empirical evidence of the impact of CSR delivery on stakeholders in different corners of the world.
Many studies examine the relationship between good governance within corporations and socially responsible behaviour. In this book the emphasis is on what corporations take from and give back to their stakeholders when ostensibly behaving in a corporately responsible fashion.
Stakeholders, including employees, customers, host communities, governments and non-governmental organizations NGOs have diverse interests and expectations of CSR. This gives rise to questions about whether the CSR activities which corporate entities support are the ones today s stakeholders need; about whether the CSR programmes being delivered are adequate; and about the relationship between the corporations view of what constitutes CSR and that of the supposed beneficiaries.
The chapters in this book provide thoughtful answers to these questions and help to assess the outcomes of corporate activities both in developed and developing countries and regions, in terms of economic progress and social and political advancement. Idowu argues that societies around the world are gradually coming to terms with the understanding that we all have to behave responsibly and change all our socially unacceptable and irresponsible behaviours in dealing with certain issues which affect mankind, regardless of whether we live in an advanced or less advanced part of the world.
Some of the consequences of past corporate actions are gradually unfolding and being felt with similar or the same levels of intensity by us all in terms of climate 26 2 People, Planet and Profit change or global warming, food crisis even in the First World, which was considered unthinkable a few years ago; this is now almost a reality in all parts of the world and several other socio-economic challenges.
We need to act to deal with all these issues; and CSR has acted and continues to act as the required vehicle to use to address them. Interestingly, the global community has taken the issues relating to the world s social and economic development very seriously for over a decade as is evidenced by the common development objectives adopted in New York in September by world leaders, set out in the 8 United Nations Millennium Development Goals MDGs.
These world leaders resolved in September to meet these 8 MDGs, a project they hope to achieve by 1. Eradicate extreme poverty and hunger; 2. Achieve universal primary education; 3. Promote gender equality and empower women; 4. This post originally appeared on the American Express OPEN Forum, where Mashable regularly contributes articles about leveraging social media and technology in small business.
June 4, Small-business owners often wear many hats, but few go to the extreme of pretending to be more than one person. However, the process of liberalization and economic reforms since , though creating tremendous opportunities for the growth of entrepreneurship and SSIs, have thrown up new challenges of building competitive strengths, introducing technology up-gradation and quality improvement, and increasing productivity.
DeMartino, R. Among its programs are the Free Enterprise Scholars Awards which rewards high school students with monetary scholarships. Japanese small and medium sized enterprises SMEs comprise more than 99 percent of the total number of Japanese enterprises.
The course will consider ventures representing broad sectors of the economy, including retail both traditional and online , health care, telecommunications, consumer services, and businesses enhanced by the internet. But it is wise to seek the advice and assistance of outside professionals. There are many extremely important reasons for writing a business plan. In keeping with the objectives of earlier reports, we offer these findings as a public good that can help advance knowledge and understanding of the critically-important role that the agriculture and food sectors can play in accelerating sustainable development for the benefit of all.
Foreword Despite the inherent complexity of agricultural systems and the differing regional and country contexts in which agriculture and agribusiness performance needs to be evaluated, globally comparable data and indicators offer meaningful tools that can enable countries, policy makers and stakeholders to identify barriers that impede the growth of agriculture and agribusinesses, share experiences and develop strategies to improve the policy environment anchored in local contexts.
The EBA indicators and analysis presented here not only help strengthen the information base that can be used for informed policy dialogue but can also encourage regulations that ensure the safety and quality of agricultural inputs, goods and services while minimizing costs to make more food available to more people. During this cycle, Farbod Youssefi led the operationalization of the Enabling the Business of Agriculture indicators, working with client facing teams across a number of Agriculture Global Practice client countries.
The team would also like to acknowledge the support of Melissa Johns. The team is also grateful for valuable comments and reviews provided by colleagues across the World Bank Group, in particular those in the 62 World Bank Group country offices and those working on several key areas investigated by the report.
The team also benefited from comments and discussions with experts from both inside and outside the World Bank Group. The team is especially grateful to Simeon Djankov, who provided extensive comments on the report draft and methodology. The Enabling the Business of Agriculture outreach strategy is being executed by a communications team led by Indira Chand and Sarwat Hussain, supported by Zia Morales.
Please note that the data published in the report and online represent a unified response based on the answers the team received from various respondents and sources, and are not attributed to any particular respondent. Wherever possible, answers were corroborated by official fee schedules, laws, regulations and public notices. Enabling the Business of Agriculture builds on the Doing Business methodology and quantifies regulatory practices and legal barriers that affect the business of agriculture.
But the Doing Business focus has been on small and medium enterprises located in the largest business cities. How does regulation impact the agriculture sector? What can governments do to improve the access of farmers to essential inputs and services that increase their productivity in an environmentally sustainable manner?
How can smallholders be helped to raise their socio-economic well-being while facilitating their integration with value chains?
What can governments do to facilitate entrepreneurs and agribusinesses to thrive in a socially and environmentally responsible way? Kitabi Tea Processing Facility, Rwanda. The analysis has yielded some important results, such as: EBA country data have been used to open dialogues on regulatory reform with governments across several countries in Sub-Saharan Africa and East Asia; indications of interest from other development agencies in joining forces with the World Bank; engagement with a range of vital stakeholders from the private sector to civil society to academia; and continued enhancement of the methodology.
Excessive regulation makes firms move to the informal economy2 and generates high unemployment.
Governments need to strike the right balance between correcting market failures through regulations and minimizing the costs that those regulations impose on economic agents. This balance is essential for agriculture, but it is also particularly challenging.