Corporate social responsibility in developing and emerging markets : institutions, actors and sustainable development

"The growing popularity of, and ongoing debates surrounding, the concept of corporate social responsibility (CSR) and the practice of corporate social and environmental reporting have a lot to do with the inter-exchange of ideas and resources due to global inter-connections and inter-dependencies between countries and regions. Globalization has also moved CSR from a simple matter of corporate practice and corporate governance to a topical issue for national and transnational public governance and socioeconomic development. Scholars, policymakers and national and international NGOs, social movements and civil society groups are continually seeking ways to promote 'universal' CSR principles and international best practices and standards in different jurisdictional contexts. This is especially true in relation to multinational enterprises operating through subsidiaries, affiliates and complicated supply chains in developing and emerging countries where regulatory and institutional standards are comparably weaker."