Journal Article

Convergence of Corporate Social Responsibility and Corporate Governance in Weak Economies: The case of Bangladesh

Rahim, Mia Mahmudur, Alam, Shawkat

2014

Overview

The convergence of corporate social responsibility (CSR) and corporate governance (CG) has changed the corporate accountability mechanism. This has developed a socially responsible 'corporate self-regulation', a synthesis of governance and responsibility in the companies of strong economies. However, unlike in the strong economies, this convergence has not been visible in the companies of weak economies, where the civil society groups are unorganised, regulatory agencies are either ineffective or corrupt and the media and non-governmental organisations do not mirror the corporate conscience. Using the case of Bangladesh, this article investigates the convergence between CSR and CG in the self-regulation of companies in a less vigilant environment.

• Publisher: Springer,Springer Netherlands,Springer Nature B.V
• Subject: Accountability / Analysis / Bangladesh / Boards of directors / Business / Business and Management / Business economics / Business Ethics / Business structures / Civil society / Companies / Convergence / Corporate governance / Corporate regulation / Corporate responsibility / Corporate social responsibility / Corporations / Corruption / Economic conditions / Economic development / Economic regulation / Education / Ethics / Governance / Government and politics / Industrial regulation / Institutional investments / Management / NGOs / Non-governmental organizations / Nongovernmental organizations / Philosophy / Quality of Life Research / Regulation / Regulatory agencies / Self control / Self regulation / Social responsibility / Social responsibility of business / Society / Stakeholders / Studies / Work environment