Corporate social responsibility and sustainable development : Social capital and corporate development in developing economies /
Risa Bhinekawati.
- 1 online resource (256 pages)
- Finance, Governance and Sustainability .
Includes bibliographical references and index.
1. Introduction: corporations and sustainable development goals -- 2. Corporate social responsibility and sustainable development in developing countries -- 3. Social capital and corporate sustainability in developing countries -- 4. Theoretical linkages between sustainable development, corporate social responsibility, social capital and corporate sustainability -- 5. Research approach -- 6. Indonesia, a very large developing country --7. Astra, one of the largest companies in Indonesia -- 8. Empowering micro and small enterprises to build supply chain and prosperity -- 9. Developing vocational education to secure skilled workers -- 10. Eradicating poverty by empowering smallholder farmers -- 11. Building theory on corporate social responsibility and sustainable development -- 12. Conclusion: a replicable model for corporate social responsibility and sustainable development -- Appendix: notes to contributors -- Index.
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 below $1.25 per day, but more fundamentally, it is the lack of capabilities and access for them to participate in productive economic activities. If companies can contribute 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, the largest private company in Indonesia, is replicable for other companies aspiring to be sustainable in developing countries.
9781315395456 1315395452
Social responsibility of business--Developing countries. Sustainable development--Developing countries. Corporations--Environmental aspects--Developing countries. Management--Environmental aspects--Developing countries. Corporations--Environmental aspects. Management--Environmental aspects. Social responsibility of business. Sustainable development.