Corporate Social Responsibility Contribution to Environmental Sustainability in Developing Countries: The Accountability Perspective

Abstract

There is a growing concern that voluntary CSR policy is almost incapable of enhancing the envisaged sustainable development in developing countries. The argument is about commitment to its implementation and its contribution to sustainable development, particularly in developing countries characterised by weak state institutions and governance. The present article examines the role which accountability could play in boosting CSR initiatives contribution to environmental sustainability in developing countries. It indicates when the need for accountability perspective of CSR (APCSR) arises, and its role in enhancing CSR contribution to environmental sustainability. The conceptual framework for applicability of APCSR is highlighted and discussed. The study provides the foundation for CSR policy development and empirical investigation of alternative approach to CSR practices in developing countries.