Corporate social responsibility in Vietnam

TY - CHAP

T1 - Corporate social responsibility in Vietnam

AU - Trifkovic, Neda

AU - Markussen, Thomas

AU - Newman, Carol

AU - Rand, John

PY - 2018/5/30

Y1 - 2018/5/30

N2 - Section 6 begins with a chapter by Neda Trifkovic, Thomas Markussen, Carol Newman and John Rand on “Corporate social responsibility in Vietnam.” This chapter investigates the scope for corporate social responsibility (CSR) to play a role in advancing sustainable development. Trifkovic, Markussen, Newman and Rand focus on an empirical analysis of manufacturing firms in Vietnam. CSR is potentially a means for addressing market failures, such as environmental problems and under-provision of health services and infrastructure, although demand for some of the goods typically provided through CSR activities, such as environmental quality, may be increasing more than proportionally with per capita income. This chapter presents data on CSR activities from Vietnam’s private manufacturing sector, which only started to emerge after the initiation of the Doi Moi reform program in 1986. The authors investigate to what extent firms undertake such activities, what characterizes the firms that are most engaged in CSR efforts, and how CSR is related to the financial performance (revenue and profits) of firms. The aim is to increase our understanding of the scope for CSR to a play a role in generating sustainable development in low and middle income countries in Asia.

AB - Section 6 begins with a chapter by Neda Trifkovic, Thomas Markussen, Carol Newman and John Rand on “Corporate social responsibility in Vietnam.” This chapter investigates the scope for corporate social responsibility (CSR) to play a role in advancing sustainable development. Trifkovic, Markussen, Newman and Rand focus on an empirical analysis of manufacturing firms in Vietnam. CSR is potentially a means for addressing market failures, such as environmental problems and under-provision of health services and infrastructure, although demand for some of the goods typically provided through CSR activities, such as environmental quality, may be increasing more than proportionally with per capita income. This chapter presents data on CSR activities from Vietnam’s private manufacturing sector, which only started to emerge after the initiation of the Doi Moi reform program in 1986. The authors investigate to what extent firms undertake such activities, what characterizes the firms that are most engaged in CSR efforts, and how CSR is related to the financial performance (revenue and profits) of firms. The aim is to increase our understanding of the scope for CSR to a play a role in generating sustainable development in low and middle income countries in Asia.

U2 - 10.4324/9781351008204

DO - 10.4324/9781351008204

M3 - Book chapter

SN - 9781138182189

T3 - Routledge Handbooks

SP - 427

EP - 448

BT - Routledge Handbook of Sustainable Development in Asia

A2 - Hsu, Sara

PB - Routledge

CY - London

ER -