1st Edition
Corporate Social Responsibility and Sustainable Development Social Capital and Corporate Development in Developing Economies
Many different companies can significantly contribute to the integrated goals and targets of the United Nations’ sustainable development goals, such as poverty reduction by 2030. Poverty is not only about people living on less than $1.25 per day, but more fundamentally, it is their lack of capabilities and access to participate in productive economic activities. If companies can contribute in order to provide access and the necessary skills, then individuals will have the capabilities to achieve their aspirations, including earning a higher income.
Corporate Social Responsibility and Sustainable Development supports Sen’s assertions that poverty can be alleviated if the capability of individuals is improved. Beyond that, this book shows that sustainable development goals can be achieved when the company’s CSR programs and social capital development in improving people’s capabilities are combined with necessary finance access and market access for the poor. The theoretical model developed from the journey of Astra International, one of the largest public-listed companies in Indonesia, is replicable for other companies aspiring to be sustainable in developing countries. The model shows a virtuous cycle between the corporate aim, CSR programs, social capital and corporate sustainability.
This volume is of great value to academics, practitioners and policy makers interested in the themes of CSR, social capital and sustainable development of developing countries. It also appeals to professionals in industry associations, development agencies and international organizations, as well as NGOs that are concerned with the achievement of sustainable development goals by 2030.
Contents
List of figures
List of tables
Foreword by David Crowther
Acknowledgements
List of acronyms and abbreviations
1 Introduction: corporations and sustainable development goals
Roles of companies in developing countries
Lessons from a responsible company in a developing country
Implications for sustainable development goals
Structure of the book
References
2 Corporate social responsibility and sustainable development in developing countries
Sustainable development issues in developing countries
Extended roles of companies in developing countries
The concept of corporate social responsibility
Strategic corporate social responsibility (CSR)
The importance of stakeholder management in strategic CSR
CSR in developing countries
Conclusion
References
3 Social capital and corporate sustainability in developing countries
Social capital as a form of capital
Defi nitions of social capital
Bonding, strong ties, bridging, weak ties and structural holes
Social capital investment
Benefi ts from social capital investment to corporate sustainability
Conclusion
References
4 Theoretical linkages between sustainable development, corporate social responsibility, social capital and corporate sustainability
Theoretical framework
Research objectives, research gaps and research questions
References
5 Research approach
Considerations for qualitative case study
Research sampling and unit of analysis
Data collection and data management
Data storage and management
Data reduction and data displays
Data analysis
Biography
Risa Bhinekawati is a corporate sustainability advisor and a lecturer who is very passionate about improving sustainable development in developing countries. She is now a lecturer at Podomoro University, Indonesia, and also serves as an Advisory Board Member of Women in Global Business, Indonesian Chapter.
