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Jette Steen Knudsen publishes article in European Business Review

01.12.2011

Which Companies Benefit Most from UN Global Compact Membership?

The European Business Review

In this article I examine a key business question: which kinds of companies are most likely to benefit from joining international corporate social responsibility (CSR) initiatives and how should they proceed?
In this article I examine a key business question: which kinds of companies are most likely to benefit from joining international corporate social responsibility (CSR) initiatives and how should they proceed?
This question has become increasingly pertinent as more and more firms join international CSR initiatives such as the UN Global Compact, yet many of these firms fail to live up to even basic reporting requirements and are subsequently delisted. I argue that the UN Global Compact is primarily suitable for larger firms that can use the Compact to fill a governance void as they operate in less developed countries. Many smaller firms don’t have the resources to meet UN Global Compact requirements and the firms that produce and sell their goods and services in countries with efficient government regulation benefit little from UN Global Compact membership.
Jette Steen Knudsen:  Which Companies Benefit Most from UN Global Compact Membership? European Business Review, November 2011





Last updated by Mette Grue Nielsen 01/12/2011