Higgins, Colin and Debroux, P (2009) Globalization and CSR in Asia. Asian Business and Management, 8 (2). pp. 125-127. ISSN 1472-4782

Abstract

Whether companies should exercise some ‘social responsibility’ beyond economic outcomes, and how they should go about doing so, has exercised scholars for more than 50 years. For the most part, prevailing perspectives have reflected the cultural norms and regulatory frameworks of North America and Europe. Interest beyond these contexts is a relatively recent – and still developing – body of scholarship. Undoubtedly, globalization is, in part, responsible for the emerging interest in CSR in Asia. Not only have moves toward greater economic integration ushered in new opportunities for businesses in Asia, but it has also raised a number of new challenges. Trade liberalization and economic reform have opened up new markets for labour and raw materials, generating unprecedented potential to produce wealth, but these developments have been accompanied by new concerns that also deserve close inquiry.

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