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Corporate Social Responsibility and Sustainable Development

Social Capital and Corporate Development in Developing Economies

Risa Bhinekawati

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Hardback

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English
CRC Press
13 December 2016
Many different companies can significantly contribute to the integrated goals and targets of the United Nations’ sustainable development goals, such as poverty reduction by 2030. Poverty is not only about people living on less than $1.25 per day, but more fundamentally, it is their lack of capabilities and access to participate in productive economic activities. If companies can contribute in order to provide access and the necessary skills, then individuals will have the capabilities to achieve their aspirations, including earning a higher income.

Corporate Social Responsibility and Sustainable Development supports Sen’s assertions that poverty can be alleviated if the capability of individuals is improved. Beyond that, this book shows that sustainable development goals can be achieved when the company’s CSR programs and social capital development in improving people’s capabilities are combined with necessary finance access and market access for the poor. The theoretical model developed from the journey of Astra International, one of the largest public-listed companies in Indonesia, is replicable for other companies aspiring to be sustainable in developing countries. The model shows a virtuous cycle between the corporate aim, CSR programs, social capital and corporate sustainability.

This volume is of great value to academics, practitioners and policy makers interested in the themes of CSR, social capital and sustainable development of developing countries. It also appeals to professionals in industry associations, development agencies and international organizations, as well as NGOs that are concerned with the achievement of sustainable development goals by 2030.

By:  
Imprint:   CRC Press
Country of Publication:   United Kingdom
Dimensions:   Height: 234mm,  Width: 156mm, 
Weight:   498g
ISBN:   9781138227583
ISBN 10:   1138227587
Series:   Finance, Governance and Sustainability
Pages:   236
Publication Date:  
Audience:   College/higher education ,  Primary ,  A / AS level
Format:   Hardback
Publisher's Status:   Active
Contents List of figures List of tables Foreword by David Crowther Acknowledgements List of acronyms and abbreviations 1 Introduction: corporations and sustainable development goals Roles of companies in developing countries Lessons from a responsible company in a developing country Implications for sustainable development goals Structure of the book References 2 Corporate social responsibility and sustainable development in developing countries Sustainable development issues in developing countries Extended roles of companies in developing countries The concept of corporate social responsibility Strategic corporate social responsibility (CSR) The importance of stakeholder management in strategic CSR CSR in developing countries Conclusion References 3 Social capital and corporate sustainability in developing countries Social capital as a form of capital Defi nitions of social capital Bonding, strong ties, bridging, weak ties and structural holes Social capital investment Benefi ts from social capital investment to corporate sustainability Conclusion References 4 Theoretical linkages between sustainable development, corporate social responsibility, social capital and corporate sustainability Theoretical framework Research objectives, research gaps and research questions References 5 Research approach Considerations for qualitative case study Research sampling and unit of analysis Data collection and data management Data storage and management Data reduction and data displays Data analysis Discussions and drawing conclusions Issues of qualitative case study References 6 Indonesia, a very large developing country Why Indonesia? The roles of companies and CSR in Indonesia Mandatory CSR but lack of government law enforcement Research and knowledge gap on CSR in Indonesia References 7 Astra, one of the largest companies in Indonesia Why Astra? The journey from small business to very large public company CSR as a strategic business investment CSR and corporate self-regulation CSR and stakeholder management Taking lessons from Astra’s strategic CSR programs References 8 Empowering micro and small enterprises to build supply chain and prosperity MSMEs and poverty alleviation in Indonesia Evolution of the company’s MSME program Sustainable development and the MSME development program The MSME program formulation and implementation The MSME program and social capital development Social capital and corporate sustainability Conclusion References 9 Developing vocational education to secure skilled workers Vocational education and lack of skilled workers in Indonesia Evolution of the company’s vocational education program Sustainable development and vocational education program Vocational education program formulation and implementation Vocational education program and social capital development Social capital and corporate sustainability Conclusion References 10 Eradicating poverty by empowering smallholder farmers Palm oil plantations and sustainable development challenges in Indonesia Public roles of a palm oil company in sustainable development An overview of the company’s CSR program surrounding its palm oil plantations Evolution of the company’s CSR program in palm oil plantations Sustainable development and empowerment of smallholder farmers Smallholder program formulation and implementation Smallholder farmers’ program and social capital development Social capital and corporate sustainability Conclusion References

Risa Bhinekawati is a corporate sustainability advisor and a lecturer who is very passionate about improving sustainable development in developing countries. She is now a lecturer at Podomoro University, Indonesia, and also serves as an Advisory Board Member of Women in Global Business, Indonesian Chapter.

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