Convergence of Corporate Social Responsibility and Corporate Governance in Weak Economies: The case of Bangladesh

Mia Rahim () and Shawkat Alam

Journal of Business Ethics, 2014, vol. 121, issue 4, 607-620

Abstract: The convergence of corporate social responsibility (CSR) and corporate governance (CG) has changed the corporate accountability mechanism. This has developed a socially responsible ‘corporate self-regulation’, a synthesis of governance and responsibility in the companies of strong economies. However, unlike in the strong economies, this convergence has not been visible in the companies of weak economies, where the civil society groups are unorganised, regulatory agencies are either ineffective or corrupt and the media and non-governmental organisations do not mirror the corporate conscience. Using the case of Bangladesh, this article investigates the convergence between CSR and CG in the self-regulation of companies in a less vigilant environment. Copyright Springer Science+Business Media Dordrecht 2014

Keywords: Corporate governance; Corporate social responsibility; Corporate self-regulation; Corporate responsibility (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (10)

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DOI: 10.1007/s10551-013-1699-x

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