THE LIFEWORTH REVIEW OF 2008

Talking Turns

Dr Jem Bendell, Adjunct Associate Professor, Griffith Business School, Australia Chew Ng, Professor of Accounting, Griffith Business School, Australia An important shift in power in the past years, now hastened by the economic crisis that began in 2008, has been away from the Western world, towards the rest of the world, including the East. That shift... Read more

The Power Shift

In the 70′s the Japanese novelist Yasunari Kawabata proclaimed the 21st century to be the Asian Century.3 In the intervening years the growth of technology and industry across many parts of Asia has created a new level of economic power. Being so populous, half of the largest 10 private employers of the world are from Asia.4 Asia’s foreign... Read more

Importance of Asia

Asia is the most important region of our world for achieving global well-being. One reason is simply the region we call Asia is where most of us live. That has implications for both consumption and creativity. The Asia-Pacific region requires about 40% of the world’s bio-productive capacity. China is the second greatest consumer in the world, using... Read more

The Rise of Asian Responsible Enterprise Challenges

Responsible enterprise challenges are emerging in Asia and in the rest of the world due to the activities of Asian firms. Such challenges arise because of the impacts of economic activity, but also because of changes in society that affect the way people view companies and their ability to engage them. Within Asia, economic development has brought many... Read more

The Rise of Responsible Enterprise Initiatives within Asia

The contemporary era of research, practice, and education on matters of corporate responsibility has been dominated by the West. Transnational Corporations (TNCs), Non-Governmental Organisations, (NGOs), consulting firms and academic institutions from Europe and North America have led the agenda, amidst strong domestic drivers for voluntary corporate... Read more

The Eastern Turn in Academe

As in most areas of academia, the English language predominates in the field of research on responsible enterprise and finance. Many of the journals in related fields, such as corporate governance, business ethics, and environmental management, originate from Western institutions and convene editorial and review boards of western academics. As a result... Read more

Characteristics and Implications of Asian Responsible Enterprise

The growth of Asian companies and initiatives using the terminology of corporate social responsibility (CSR) to describe the social and environmental performance and effectiveness of their business, has encouraged discussion of what ‘CSR’ in Asia is like, most often in contrast to the West. Conversations often focus on assessing the level... Read more

Familial

Comparatively more companies in Asia are owned privately by families.55 Not beholden to shareholders, they bring their own values and interests to their companies, including priorities on social and environmental performance. On the one hand this can raise ethical issues concerning nepotism and class stratification, while on the other it presents a... Read more

Governmental

The role of government is important in shaping responsible enterprise in Asia.58 Unlike the West, in many Asian countries the government is traditionally expected to lead on matters of national development. The importance of government in shaping responsible enterprise practice is highlighted by the difference in environmental management performance... Read more

Informal

The business sector in Asia is very diverse and in some countries less regulated than in the West, by either government or private standards, and likewise many of the social and environmental activities of business are informal. Informality also derives from high level of family ownership, described above. This characteristic can lead to an unsystematic... Read more

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