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Fostering Responsible Business: Evidence from Leading Corporate Social Responsibility and Sustainability Networks

Fostering Responsible Business: Evidence from Leading Corporate Social Responsibility and Sustainability Networks
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Author(s): Amir Hossein Rahdari (Tarbiat Modares University, Iran)
Copyright: 2017
Pages: 22
Source title: CSR 2.0 and the New Era of Corporate Citizenship
Source Author(s)/Editor(s): Mark Anthony Camilleri (University of Malta, Malta)
DOI: 10.4018/978-1-5225-1842-6.ch016

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Abstract

Corporate social responsibility networks and associations play a significant role in fostering responsible business yet there exists a lacuna in the literature regarding the role of these networks and associations in augmenting responsible business practices. Furthermore, research studies with regard to how they function seem to be non-existent. Following this line of argument, this study attempts to shed light on these ambiguities by examining three leading networks. The results suggest that corporate sustainability and responsibility networks and associations play the role of facilitators, by providing tools and services, and incentivize business organizations to take measurable actions towards corporate sustainability. Moreover, they function as the engine of growth for responsible and sustainable business ecosystem. With their growing influence and the mainstreaming of responsible practices, a review of their objectives, organizational structures, types of activities, practices and impacts using a reviewing framework would provide a solid background for future research.

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