Corporate Social Responsibility (CSR) has increasingly been promoted as an important mechanism for furthering economic and social development goals in developing countries. In such an optimistic climate, questions arise as to whether CSR can bear the weight of the increasing expectations being heaped on its shoulders. This book examines the changing nature of corporate social responsibility as it has been conceived over the past eighty years. It considers the historical and socio-legal developments of the idea of CSR and the various conceptions of the corporation which underlie different realisations of CSR.
The book explores the model of CSR deployed in the developing world as well as the links between CSR and development. Renginee Pillay uses Mauritius as a case-study, demonstrating how CSR and corporate governance issues have come to the fore of political, financial and legal landscapes. Drawing on empirical research, the book examines how the first legislation of its kind has been implemented in Mauritius, and analyses its impact on development.
In its work to evaluate the contribution CSR can make to development, this book will be of great use and interest to students and researchers of business and company law, business ethics, and development studies.
"The book is, without doubt, a remarkable investigation into the changing nature of CSR in both the developed and developing world, even if its specific focus is on the latter. Moreover, since the book also presents data through extensive fieldwork, in connection to the adoption of the CSR law and challenges faced during implementation, it should appeal to senior business practitioners and policy makers in other developing economies too."
Jyoti Devi Mahadeo, Eastern Institute of Technology, New Zealand, Journal of General Management Vol. 41 No. 3 Spring 2016 pp.82
Introduction Part I: CSR and Models of the Corporation 1. CSR and the Shareholder- Oriented Corporation 2. CSR and Stakeholder Models of the Corporation Part II: Contemporary CSR 3. Contemporary CSR 4. Perspectives on CSR Part III: CSR and Development 5. CSR and Sustainable Development 6. The Neoliberal Route to Development: CSR in Mauritius 7. CSR and Development in Mauritius: Legislating Corporate Philanthropy Conclusion
The credit crunch of 2007 and the ensuing financial crises have led to a renewed interest in the place of corporations in the modern world and the role of law and regulation in governing their behaviour. This series looks to survey the current developments within the field of corporate law as well as mapping out future opportunities for change. The series offers a comparative approach to the subject, looking not just at North America and Europe but also at the state of affairs elsewhere in the world. Written by influential scholars, the books offer thought-provoking and often critical analyses of corporate law. The functions and legal obligations and rights of multiple stakeholders including directors, investors, governments and regulators are examined from both empirical and theoretical standpoints. Whilst being grounded in law the series also draws upon research from the disciplines of economics, management studies, sociology and politics in order to explore the implications of corporate law in their wider social and economic context.