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Corporate Social investment and development

Can the Corporate Social Investment initiatives of small businesses contribute to development? Corporate Social Investment (CSI) and its counterpart Corporate Social Responsibility (CSR) are the terms used for the external and internal initiatives undertaken by companies to contribute to the upliftm...

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Main Author: Menzies, Gail
Format: Thesis
Language:English
Published: Department of Philosophy 2014
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access_status_str Open Access
author Menzies, Gail
author_browse Menzies, Gail
author_facet Menzies, Gail
author_sort Menzies, Gail
collection Thesis
description Can the Corporate Social Investment initiatives of small businesses contribute to development? Corporate Social Investment (CSI) and its counterpart Corporate Social Responsibility (CSR) are the terms used for the external and internal initiatives undertaken by companies to contribute to the upliftment of their stakeholders and communities. This research paper attempts to establish whether the CSI initiatives of small, local (Cape Town) companies have the potential to contribute to this upliftment or development. The literature review conducted on the relevant topic discovered three major arguments surrounding this debate. Firstly there are those authors that believe that CSI / CSR cannot contribute to development; secondly those authors that believe that CSI / CSR can contribute to development; and finally those authors that believe that more research on this topic is required before any such statements can be made. The outcome of the literature will reveal some issues surrounding this argument. They are: motivations, compatibility, implementation, business advantage, business and NGOs and community focus and research and sustainability. Following the establishment of the technical issues the paper will then propose that Amartya Sen's Development as Freedom theory be used to further investigate the development potential of CSI initiatives. Along with the technical suggestions, Sen's five 2 freedoms will be used to analyse whether any potential development successes can be observed from seven case studies. The freedoms are: political freedoms, economic facilities, social opportunities, transparency guarantees and protective security. Each of these can contribute to development. The case studies are CSI initiatives selected from local small businesses and the required information was extracted by means of an openended qualitative questionnaire. These case studies will be analysed against the freedoms and the discoveries from the literature review. The conclusions drawn show that some potential does exist for CSI initiatives. It also shows that Sen's Development as Freedom can be effectively applied to small scale projects at the micro level.
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spelling oai:open.uct.ac.za:11427/3672 Corporate Social investment and development Menzies, Gail Development Studies Can the Corporate Social Investment initiatives of small businesses contribute to development? Corporate Social Investment (CSI) and its counterpart Corporate Social Responsibility (CSR) are the terms used for the external and internal initiatives undertaken by companies to contribute to the upliftment of their stakeholders and communities. This research paper attempts to establish whether the CSI initiatives of small, local (Cape Town) companies have the potential to contribute to this upliftment or development. The literature review conducted on the relevant topic discovered three major arguments surrounding this debate. Firstly there are those authors that believe that CSI / CSR cannot contribute to development; secondly those authors that believe that CSI / CSR can contribute to development; and finally those authors that believe that more research on this topic is required before any such statements can be made. The outcome of the literature will reveal some issues surrounding this argument. They are: motivations, compatibility, implementation, business advantage, business and NGOs and community focus and research and sustainability. Following the establishment of the technical issues the paper will then propose that Amartya Sen's Development as Freedom theory be used to further investigate the development potential of CSI initiatives. Along with the technical suggestions, Sen's five 2 freedoms will be used to analyse whether any potential development successes can be observed from seven case studies. The freedoms are: political freedoms, economic facilities, social opportunities, transparency guarantees and protective security. Each of these can contribute to development. The case studies are CSI initiatives selected from local small businesses and the required information was extracted by means of an openended qualitative questionnaire. These case studies will be analysed against the freedoms and the discoveries from the literature review. The conclusions drawn show that some potential does exist for CSI initiatives. It also shows that Sen's Development as Freedom can be effectively applied to small scale projects at the micro level. 2014-07-30T03:42:23Z 2014-07-30T03:42:23Z 2010 Master Thesis Masters MA http://hdl.handle.net/11427/3672 eng application/pdf Department of Philosophy Faculty of Humanities University of Cape Town
spellingShingle Development Studies
Menzies, Gail
Corporate Social investment and development
thesis_degree_str Master's
title Corporate Social investment and development
title_full Corporate Social investment and development
title_fullStr Corporate Social investment and development
title_full_unstemmed Corporate Social investment and development
title_short Corporate Social investment and development
title_sort corporate social investment and development
topic Development Studies
url http://hdl.handle.net/11427/3672
work_keys_str_mv AT menziesgail corporatesocialinvestmentanddevelopment