Abstract

This chapter focuses on the private sector, following and updating some of the main ideas on corporate social responsibility (CSR) and international development. It looks at how governments and their international arms, the international agencies, grouped under the umbrella of the United Nations, had struggled to rid the planet of under-development and poverty. The chapter argues that CSR provides a platform for corporations to be involved in international development in ways that can be much more powerful than has been thought of hitherto. It also focuses on the key areas of influence in multinational enterprise (MNE) involvement in development. There are actions both within an MNE, involving its internal stakeholders, and actions outside an MNE, as it reaches out to its external stakeholders. CSR policies inside a company can be a lightning rod for other companies in the location where the MNE is based as well as in its overseas locations.

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