Towards Strategic Corporate Social Responsibility Approach in International Projects—Review of South-South Cooperation: A Case Study of Chinese Projects in Angola

Marko M. Mihić, Svetlana Shevchenko, Ema D. Gligorijević and Dejan Č. Petrović
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Marko M. Mihić: Faculty of Organizational Sciences, University of Belgrade, 154 Jove Ilića, 11000 Belgrade, Serbia
Svetlana Shevchenko: Petroleum Industry of Serbia j.s.c., Narodnog fronta 12, 21102 Novi Sad, Serbia
Ema D. Gligorijević: Faculty of Organizational Sciences, University of Belgrade, 154 Jove Ilića, 11000 Belgrade, Serbia
Dejan Č. Petrović: Faculty of Organizational Sciences, University of Belgrade, 154 Jove Ilića, 11000 Belgrade, Serbia

Sustainability, 2019, vol. 11, issue 10, 1-16

Abstract: This paper offers a modified theoretical approach towards corporate social responsibility (CSR), adjusted to the specifics of South-South cooperation (SSC). Developing economies are becoming important actors and the number of their companies willing to implement projects in other developing nations is rising. This entrance of developing countries into international projects poses a question whether their companies adhere to basic CSR obligations and their CSR approaches are strategically oriented or if they present an umbrella, covering up their activities. Though the issue of CSR in SSC projects attracts attention, the number of studies on this topic is limited. This paper presents an attempt to work out a theoretical basis to a CSR approach in SSC projects by adjusting a widely accepted CSR model of Carroll (1979, 1991) to the specific conditions of developing economies. For the purpose of this paper, the authors analyzed CSR activities of Chinese companies in Angola. The results lead to the conclusion that governments of countries, participating in SSC projects need a more active approach towards making basic CSR responsibilities (economic, ethical, legal) legally binding. This will allow such international projects to be more beneficial not only for directly interested parties (companies, governments), but also for the local community.

Keywords: project management; corporate social responsibility; South-South cooperation (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:11:y:2019:i:10:p:2784-:d:231415

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