1st Edition
Global Perspectives on Corporate Governance and CSR
Good governance is good PR, it is important in every sphere of society, whether it be the corporate environment, the political, or wider society. When resources are too limited to meet the minimum expectations of the people, it is a good governance level that can help to promote the welfare of society. Enlightened companies recognise that there is a clear link between governance and corporate social responsibility and make efforts to link the two. Unfortunately this is too often no more than making a claim that good governance is a part of their CSR policy as well as a part of their relationship with shareholders. Corporate Governance and CSR are significant issues in all parts of the world, huge amounts of time and energy are devoted to its global interpretation. Most analysis however is too simplistic to be helpful as it normally resolves itself into simple dualities: rules based v principles based or Anglo-Saxon v Continental. The editors of this book argue that this is not helpful - that the reality is far more complex. They show that Corporate Governance and CSR cannot be understood without taking geographical, cultural and historical factors into account. It is necessary, they say to understand the concerns of people in different parts of the world. Therefore, by using a wealth of case studies, theoretical models, and drawing on the knowledge and perspective of experts from around the world, the editors have produced this valuable book. Global Perspectives on Corporate Governance and CSR discusses issues such as regional and cultural similarities and differences, the contexts of differing legal frameworks and governance codes, differences between large companies and SMEs, governance in new environments (companies and economies) versus stable environments, and the changing environment affecting corporate social responsibility around the world. The editors then synthesise this in a way that will be helpful to business people as well as to academics.
Biography
Güler Aras is a professor of Finance at Yildiz Technical University, Istanbul, Turkey, and a Visiting Professor at Georgetown University McDonough School of Business. She is the founding director of The Center for Finance, Governance and Sustainability (CFGS) at YTU. She is the former Dean of the Faculty of Administrative and Economic Sciences and the Graduate School. Her research focus is on the economy and financial markets with particular emphasis on the relationship between sustainability, corporate governance, social responsibility, and corporate financial performance. She has published more than 20 books and has contributed over 200 articles in academic, business and professional journals. Her most recent co-authored books are entitled The Durable Corporation: Strategies for Sustainable Development, published by Gower, and Governance and Social Responsibility: International Perspectives. David Crowther is Professor of Corporate Social Responsibility, De Montfort University, UK. He is a qualified accountant who worked as an accountant, systems specialist and general manager in local government, industry and commerce for 20 years before moving in to the higher education arena. He has authored or edited over 25 books and has contributed over 250 articles to academic, business and professional journals and to edited book collections. He has also spoken widely at conferences and seminars and acted as a consultant to a wide range of government, professional and commercial organisations. His research is into corporate social responsibility with a particular emphasis on the relationship between social, environmental and financial performance. Their joint research is concerned with sustainability, sustainable development and with governance issues. Together they run the Social Responsibility Research Network www.socialresponsibility.biz.
'I am very impressed with 'Global Perspectives on Corporate Governance and CSR'. It addresses the role of culture and business type (those other than large corporations) in CSR. Importantly, it shows the dominant model originating in Western Europe and North America is not necessarily the appropriate model for other regions and cultures, and for other forms of business organization (SMES, Family-owned business, etc). They provide thought-provoking examples and theoretical support as to why this is true.' Robert Anderson Ph.D., CMA, Simon Fraser University and University of Regina,Canada ’...this volume sets a high standard in the necessary task of exploring the issues needing resolution before corporate governance and CSR can be fully integrated.’ - Corporate Governance, CorpGov.net
