Corporate social responsibility and sustainable development : social capital and corporate development in developing economies / Risa Bhinekawati.

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

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.