Corporate social responsibility in controversial industries or how to fail spectacularly

Davit Belkania

MPRA Paper from University Library of Munich, Germany

Abstract: The present study is a critical appraisal of corporate social responsibility (CSR) and the certain type of the industry players who manage to conceal their detrimental core businesses behind CSR façade. Accordingly, the paper explores existing controversies between theoretical understanding and practical implementation of CSR, as well as the failure of the legal framework concerning CSR reporting. The paper suggests the following as a remedy for the existing problems: denotational refinement of CSR from versatile to explicit, inclusion of constructive criticism through NGOs, the inception of common framework vis-à-vis CSR reporting, and ranking/monitoring of companies by third-party organizations.

Keywords: CSR; controversial industries; CSR reporting (search for similar items in EconPapers)
JEL-codes: M14 (search for similar items in EconPapers)
Date: 2019-03-29
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/97303/1/MPRA_paper_97303.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:97303

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().