A theoretical framework on CSR and urban development

Tsavdaridou, Maria and Metaxas, Theodore (2015): A theoretical framework on CSR and urban development.

Abstract

The role of enterprises in society is without doubt controversial nowadays due to the economic crisis. Although enterprises offer infrastructures, jobs, innovative solutions to local communities their primary goal is profit in order to be competitive and sustainable. This article examines the implementation of urban development projects under the CSR strategy and provides case studies of European enterprises that offered successful urban development projects in their local communities. There are certain elements that influence how an enterprise sets their CSR strategy and when it comes to urban development projects the characteristics of the city they operate play an important role along with the core CSR strategy of the company. In order to elaborate on the link between CSR and urban development and enhance the limited bibliography on this issue a theoretical framework is set with the elements needed for the enterprise to develop a successful project of urban development and a successful CSR activity and how finally the city absorbs this kind of CSR practices. There are many limitations also that enterprises face when try to develop such challenging projects. This article aims to designate on the importance of partnership and ethics and how CSR is a multi dimensional tool for cities to use for their benefit.

• Item Type: MPRA Paper
• Language: English
• Keywords: urban development, enterprises, local communities, case studies
• Subjects: M - Business Administration and Business Economics ; Marketing ; Accounting ; Personnel Economics > M1 - Business Administration > M10 - General; M - Business Administration and Business Economics ; Marketing ; Accounting ; Personnel Economics > M1 - Business Administration > M14 - Corporate Culture ; Diversity ; Social Responsibility

References

Blowfield, Michael and Frynas, Jedrzel George (2005) Setting new agendas: critical perspectives on Corporate Social Responsibility in the developing world” International Affairs 81, 3, p. 499-513

Caragliu, A., Del Bo, C. and Nijkamp, P. (2011) ‘Smart Cities in Europe’, Journal of Urban Technology, Vol. 18, No. 2, pp.65–82.

CSR Europe Engagement factsheet for companies (Enterprise 2020 European Business Campaign on Sustainable Living in Cities)

Fougère Martin (2011) Corporations as Political and Unpolitical Actors, Journal of Business Ethics and Organization Studies 16(2) p12-21

Healey P. 2007. Urban Complexity and Spatial Strategies: Towards a relational planning for our times. The RTPI Library Series. Routledge: London.

Landry C. (2008). The Creative City:A footprint for urban innovators Earthscan Publications Ltd.

Littig B, Griessler E. 2005. Social sustainability: a catchword between political pragmatism and social theory. International Journal of Sustainable Development, Vol. 8: 1/2, 65-79

Maclaran, A. (1993). Dublin:The shaping of a capital. Belhaven Press.

Mal Warwick (2013) Only Business Can End Poverty Available at:http://businesssolutiontopoverty.com/only-business-can-end-poverty/

Michael Blowfield (2005)Corporate Social Responsibility: Reinventing the Meaning of Development International affairs 81(3):515 - 524

Roberts, Peter and Skyes Hugh (2000) “Current Challenges and Future Prospects”, Urban Regeneration A Handbook, London: Sage Publications, 295-314

Scherer Georg Andreas and Guido Palazzo (2011) The New Political Role of Business in a Globalized World: A Review of a New Perspective on CSR and its Implications for the Firm, Governance, and Democracy Journal of Management Studies 48:4 p900-931

Surendra Pratap (2011) ‘Corporate Social Responsibility and the Political Agenda’, Asia Monitor Resource Center, CSR Research Paper Series, No 3

Stren R and Polese, M (2000) Understanding the new sociocultural dynamics of cities: comparative urban policy in a global context in M. Polese and R. Stern (eds) The Social Sustainability of Cities:Diversity and the Management of Change. Toronto, Buffalo, London. University of Toronto Press

UN Volunteers and New Academy of Business (2004). Enhancing Business-Community Relations. The role of volunteers in promoting global corporate citizenship. Global Report.

Vito Albino, Umberto Berardi & Rosa Maria Dangelico(2015) Smart Cities: Definitions, Dimensions, Performance, and Initiatives Journal of Urban Technology 22(1), 2015:3-21

Votaw, D. (1972) ‘Genius Became Rare: A Comment on the Doctrine of Social Responsibility Pt 1’, California Management Review 15(2): 25–31.

Werna Edmundo, Keivani Ramin. Murphy David (2009). Corporate Social Responsibility and Urban Development. Lessons from the South. Palgrave Macmillan.