Social Responsibility Standards and Global Environmental Accountability - A Developing Country Perspective

15 Pages Posted: 3 Apr 2007

See all articles by K. V. Bhanu Murthy

K. V. Bhanu Murthy

University of Delhi - School of Economics - Commerce Department; Delhi Technological University

Date Written: April 1, 2007

Abstract

This paper argues that accountability, responsibility and governance go hand in hand. Evolving standards is a part of governance. Unless such a global perspective is adopted "Social Responsibility and the implications for Developing Countries", which is the theme for this workshop, cannot be unraveled. The purpose of this paper is to highlight how Social Responsibility Standards and their relation to environmental sustainability cannot be addressed without relating it to Global Environmental Degradation, Global Environmental Accountability and Global Environmental Management. Also that there is a need to adopt the coercive connotation of accountability. It raises several issues in this context. The emphasis is on transorganizational development and the need for measurement. The limitations of evolving standards in this context are raised. It argues in favor of having differential standards. The main problem, for implementing differential standards is, however, that this would need a system of metrics that measures social dimensionalities and parameters. For this the new developments in environmental economics need to be incorporated into the framework of evolution of International Standards.

Keywords: Global Environmental Accountability, Corporate Social Responsibility, International Standards

JEL Classification: Q01, F01, F02, M14

Suggested Citation

Murthy, K. V. Bhanu, Social Responsibility Standards and Global Environmental Accountability - A Developing Country Perspective (April 1, 2007). Available at SSRN: https://ssrn.com/abstract=977767 or http://dx.doi.org/10.2139/ssrn.977767

K. V. Bhanu Murthy (Contact Author)

University of Delhi - School of Economics - Commerce Department ( email )

59 Vaishali Enclave
Pitampura
Delhi, 110034
India
+91 11 27667891 (Phone)

Delhi Technological University ( email )

Delhi
India

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