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Social responsibility standards and global environmental accountability : a developing country perspective


  • Bhanu Murthy, K.V.


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.

Suggested Citation

  • Bhanu Murthy, K.V., 2007. "Social responsibility standards and global environmental accountability : a developing country perspective," MPRA Paper 2636, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:2636

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    References listed on IDEAS

    1. Jha, Raghbendra & Murthy, K. V. Bhanu, 2003. "An inverse global environmental Kuznets curve," Journal of Comparative Economics, Elsevier, vol. 31(2), pages 352-368, June.
    2. Raghbendra Jha & K.V. Bhanu Murthy, 2003. "A Critique of the Environmental Sustainability Index," Departmental Working Papers 2003-08, The Australian National University, Arndt-Corden Department of Economics.
    3. Petra Christmann & Glen Taylor, 2001. "Globalization and the Environment: Determinants of Firm Self-Regulation in China," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 32(3), pages 439-458, September.
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    More about this item


    Global Environmental Accountability; Corporate Social Responsibility; International Standards;

    JEL classification:

    • F01 - International Economics - - General - - - Global Outlook
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • F02 - International Economics - - General - - - International Economic Order and Integration

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