ABSTRACT

There was a long-standing fear that globalisation would lead to an erosion of corporate standards, as globalisation opened up the opportunity for businesses to locate where the costs of production were lowest. However, there have been checks on corporate behaviour, and there is indeed an awareness that good corporate behaviour is good business. This chapter explores the rise in the salience of corporate social responsibility within the global system. It examines its form and motives and offers a critical treatment of this increasingly prominent form of global corporate behaviour.