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Contributing barriers to corporate social and environmental responsibility practices in a developing country: A stakeholder perspective

journal contribution
posted on 2024-11-02, 01:26 authored by Moazzem Hossain, Manzurul Alam, Angela Hecimovic, Mohammad HossainMohammad Hossain, Aklema Choudhury Lema
Purpose - The purpose of this study is to explore the contributing barriers to corporate social and environmental responsibility (CSER) practices. In particular, this study focuses on non-managerial stakeholders' perceptions of the barriers to CSER practices in a developing country context. The study also investigates the current initiatives undertaken by the different stakeholders, such as government, non-governmental organisations (NGOs) and regulators. Design/methodology/approach - The study takes a qualitative approach, undertaking semi-structured in-depth interviews with 26 participants from NGOs, the media, regulatory authorities, government departments, shareholders, trade union leaders and customers. Findings - The views of stakeholder groups were analysed to identify the contributing barriers to CSER practices. The findings of the study reveal that corruption and politics, lack of coordination, lack of government initiatives and unsatisfactory implementation of laws are perceived as the major barriers that hinder CSER practices in Bangladesh. The study also found a lack of awareness amongst various stakeholder groups regarding the influential role CSER plays in promoting sustainable development. The current initiatives undertaken by various stakeholders to improve CSER practices were limited but growing. Research Limitations/implications - The study utilises the stakeholder theory to examine the role of stakeholders, rather than managers, in relation to CSER practice in Bangladesh. The findings may provide impetus for mitigating CSER barriers in a developing country context. Originality/value - This study is one of the few engagement-based studies to explore the non-managerial stakeholders' views on CSER in a developing country context.

History

Journal

Sustainability Accounting, Management and Policy Journal

Volume

7

Issue

2

Start page

319

End page

346

Total pages

28

Publisher

Emerald Group Publishing Ltd.

Place published

United Kingdom

Language

English

Copyright

© Emerald Group Publishing Limited

Former Identifier

2006062819

Esploro creation date

2020-06-22

Fedora creation date

2016-07-07

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