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Globalization weaknesses and the role of firms´ social responsibility

Author

Listed:
  • Aquiles Álvarez Valero

    (Universidad de Los Andes, Departamento de Economía.)

  • Fátima León

    (Universidad de Los Andes, Centro de Investigaciones y Desarrollo Empresarial (CIDE).)

Abstract

Without neglecting the benefits that the process of globalization of economies and societies can deliver, there are undeniable weaknesses that had contributed to create greater gaps between rich and poor countries. Many firms, in their eagerness to increase value, abuse of their workers in different contexts, such as their communities and environment. Considering all this elements, it is more prevalent and inevitable to demand a more socially responsible corporate behavior, specially when this is the interest and concern of major international agencies. The objective of this paper is to show the vicissitudes of globalization that comes from enterprises and the role that social responsibility can fulfill to reduce its negative impact.

Suggested Citation

  • Aquiles Álvarez Valero & Fátima León, 2009. "Globalization weaknesses and the role of firms´ social responsibility," Economía, Instituto de Investigaciones Económicas y Sociales (IIES). Facultad de Ciencias Económicas y Sociales. Universidad de Los Andes. Mérida, Venezuela, vol. 34(27), pages 87-119, January-j.
    • Handle: RePEc:ula:econom:v:34:y:2009:i:27:p:87-119
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    More about this item

    Keywords

    Globalization; firms´ social responsability.;

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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