Governance and CSR: Implications for Labour
Editor: Dr Suzanne Young
Governance and CSR has had an increasing focus from the media, investor groups, community and unions as corporate collapses, frauds and bankruptcies have occurred. The GFC demonstrated the failure of compliance-based approaches to regulate behaviour. Even organizations found in the Anglo-world that operate predominantly from the shareholder primacy approach where organizational purpose is based on fulfilling the needs of owners - achieved through maximising financial returns- are increasingly making statements about stakeholder engagement and highlighting this in the work they do in the Corporate Social responsibility field. Employees are key actors in Governance along with capital and management, but their position in governance is problematic with minimal research that examines empirically the position of employees as key stakeholders or how organisations prioritise their needs as stakeholders.
For further information