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Business, social responsibility, and corruption
Author(s) -
Branco Manuel Castelo,
Delgado Catarina
Publication year - 2012
Publication title -
journal of public affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.221
H-Index - 20
eISSN - 1479-1854
pISSN - 1472-3891
DOI - 10.1002/pa.1426
Subject(s) - corporate social responsibility , multinational corporation , transparency (behavior) , language change , business , accounting , sustainability reporting , sustainability , social responsibility , function (biology) , public relations , political science , law , finance , art , ecology , literature , evolutionary biology , biology
This paper explores the role of corporate social responsibility and the reporting thereof in the fight against corruption. A special focus is laid on the international endeavors to improve transparency through reporting, and the paper elaborates extensively on the United Nations Global Compact (UNGC), the Organisation for Economic Co‐operation and Development (OECD) Guidelines for Multinational Enterprises and the Global Reporting Initiative's (GRI) Sustainability Reporting Guidelines. Voluntary initiatives, such as the UNGC, the OECD guidelines, and the GRI guidelines, are considered to play an important role in providing the trust‐based informal social norms, without which markets and societies cannot function. Copyright © 2012 John Wiley & Sons, Ltd.