The development of corporate social responsibility in the Australian construction industry
Sonja Petrovic-Lazarevic
Construction Management and Economics, 2008, vol. 26, issue 2, 93-101
Abstract:
In the Australian construction industry, large companies develop corporate social responsibility (CSR) in order to maintain an image of being a good corporate citizen. CSR relevant to the construction industry is defined including the following activities: moral obligation to be a good citizen; sustainability; reputation; relationship with employees and unions; relationship with suppliers and community representatives; and commitment to reporting on CSR. CSR is then examined through 85 interviews conducted with members of boards of directors, suppliers, employees, customers and community representatives of 17 large corporations. In order to be recognized as a socially responsible business, the corporations should: apply a corporate governance structure that takes into consideration working environment concerns; improve their sustainability, occupational health and safety measures, relationships with suppliers and commitment to local community protection and engagement.
Keywords: Corporate social responsibility; construction industry; corporate governance (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (6)
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Persistent link: https://EconPapers.repec.org/RePEc:taf:conmgt:v:26:y:2008:i:2:p:93-101
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DOI: 10.1080/01446190701819079
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