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Abstract

The idea of corporate social responsibility (CSR) has risen to prominence with remarkable rapidity to become, in the words of The Economist, ‘an industry in itself, with full-time staff, newsletters, professional associations and massed armies of consultants’ (The Economist 2004). Embraced by corporations, touted by academics, and advanced by non-governmental organizations (NGOs) and policy makers as a potential mechanism for achieving social policy objectives and furthering economic development, CSR has become one of the flavours and hopes of the new Millennium. ‘By following socially responsible practices’, the United Kingdom’s (UK’s) Department for International Development (DFID) has claimed, ‘the growth generated by the private sector will be more inclusive, equitable and poverty reducing’ (DFID 2004).

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Ireland, P., Pillay, R.G. (2010). Corporate Social Responsibility in a Neoliberal Age. In: Utting, P., Marques, J.C. (eds) Corporate Social Responsibility and Regulatory Governance. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230246966_4

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