Promoting Sustainable and Responsible Business in Asia and the Pacific: The Role of Government, Studies in Trade and Investment 72

Nick J. Freeman ()

in STUDIES IN TRADE AND INVESTMENT from United Nations Economic and Social Commission for Asia and the Pacific (ESCAP)

Abstract: Corporate social responsibility (CSR) is widely accepted as the business sector's contribution to inclusive and sustainable development. Thus, government can harness the CSR agenda in pursuit of this goal. There are several reasons why governments should seek to promote CSR: greater social and environmental sustainability, market competitiveness, economic stability, and good governance. This policy-oriented paper identifies initiatives that policy-makers in the Asia Pacific region should duly consider for promoting CSR practices, at both the regional and national levels, and spanning domestic small and medium-sized enterprises (SMEs) to large multinational enterprises (MNEs). The initiatives are diverse in focus and scope, although there is one common denominator: virtually none can be enacted by government alone. Any initiative to promote sustainable and responsible business needs to be sustainable in itself, and that in turn necessitates the active engagement and tangible inputs of the business community.

Keywords: corporate social responsibility; global compact; Asia and the Pacific; role of government; economic; social; environment; market competition; sustainable and responsible business; inclusive and sustainable development; carbon credit; green bank; policy-makers; SME; MNE; trade; investment (search for similar items in EconPapers)
JEL-codes: F1 H1 O1 Q5 (search for similar items in EconPapers)
Date: 2011
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.unescap.org/tid/publication/indpub2617.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.unescap.org/tid/publication/indpub2617.pdf [301 Moved Permanently]--> https://www.unescap.org/tid/publication/indpub2617.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:unt:ecbook:tipub2617

Access Statistics for this book

More books in STUDIES IN TRADE AND INVESTMENT from United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) Contact information at EDIRC.
Bibliographic data for series maintained by Mia Mikic ( this e-mail address is bad, please contact ).