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Corporate governance as a foundation for corporate social responsibility in transitioning economies: The Russian experience
Author(s) -
McCarthy Daniel J.,
Puffer Sheila M.
Publication year - 2008
Publication title -
thunderbird international business review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.553
H-Index - 37
eISSN - 1520-6874
pISSN - 1096-4762
DOI - 10.1002/tie.20201
Subject(s) - corporate governance , corporate social responsibility , foundation (evidence) , state (computer science) , affect (linguistics) , business , emerging markets , accounting , economic system , market economy , economics , political science , public relations , sociology , law , finance , communication , algorithm , computer science
Abstract This article discusses the critical role of corporate governance in Russian business and management and its potential for promoting corporate social responsibility in that country. We describe the current state of these two phenomena and examine their linkages as they exist in Russia, and explain that this situation also applies in other transitioning economies. We conclude with implications for non‐Russians who would do business with Russian counterparts, and reasons why they should be aware of how these important issues can affect their dealings in those situations. © 2008 Wiley Periodicals, Inc.