Main Presentation 5020

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Questions

Case Study

Ethical

Theories

CSR

Conclusion

Research Questions

CSR Case Study: Construction Industry

CSR and Drivers of Compliance

Ethical theories : Utilitarianism

Recommendations and Future Research



Questions

Case Study

CSR

Ethical

Theories

Conclusion

Questions To identify:

What steps have been taken in the Australianconstruction industry to incorporate CSR

practices?

What are the drivers of CSR and the ethical

theories underpinning it for Australian

corporations?



Questions

Case Study

CSR

EthicalTheories

Conclusion

Case Study

What steps have been taken in the Australian

construction industry to incorporate CSR practices?

It has been suggested that it is important for firms to

be socially accepted in order to achieve best practice

(Ghazali, 2007).

The construction industry in Australia has been

targeted by environmentalists and governments to

more effectively manage its environment (Teo and

Loosemore, 2003, Petrovic-Lazarevic, 2007).

Based on a 2006 study, it was found that 77% of

the approached corporations had changed their

corporate governance structure to one that is more

oriented towards a healthy working environment



Questions

Case Study

CSR

EthicalTheories

Conclusion

Case Study

What steps have been taken in the Australian

construction industry to incorporate CSR practices?

One important measure of CSR that

corporations in the construction industry have

taken is the application of ISO 14000 (Zobel,

2007) that incorporates ISO 14001 EMS, and

OHS measures.

EMS increases credibility and communication

with stakeholders such as government

agencies, community groups and investors.



Questions

Case Study

CRS

EthicalTheories

Conclusion

CSR

No universally accepted definition of CSR is

available (Overland, 2007)

Corporations and Markets AdvisoryCommittee definition:- It identifies that a corporation is acting in a socially responsible

manner if it: operates in an open and accountable manner, uses its

resources for productive ends, complies with relevant regulatory

requirements and acknowledges and takes responsibility for the

consequences of its actions (CAMAC, 2006)

Core Principles:

Accountability

Responsibility to stakeholders

Environmental and social sustainability



Principles of corporate social

responsibility

Institutional Principle: Legitimacy

Organisational Principle: Public responsibility

Individual Principle: Managerial discretion

Processes of corporate socialresponsiveness

Environmental Assessment

Stakeholder Management

Issues Management

Outcomes of corporatebehaviour

Social Impacts

Social Programs

Social Policies



Questions

Case Study

CRS

EthicalTheories

Conclusion

CSR

Economical pressures

Future company prosperity

Interest in enhancing future trading

performance

Long term goals

Societal pressures

Developing good corporate image

Developing corporate citizenship



Legislative pressure

± The Corporations Act 2001 (Cth)

Section 1013D(1)(l)

± ³if a product has an investment component ± the extent towhich labour standards or environmental, social or ethical

considerations are taken into account in the selection,

retention or realisation of the investment´

Section 299(1)(f)

± ³if the entity¶s operations are subject to any particular and significant environmental regulation under a law of the

Commonwealth or of a State or Territory--give details of

the entity's performance in relation to environmental

regulation´

Questions

Case Study

CRS

EthicalTheories

Conclusion

CSR







Multinational corporations in particular, are considered as

harbingers of overconsumption.

There is a need to improve OHS with subcontractors, union,

and government, as well as improving relationships with

the local community, mostly in regards to environmental

protection.

It is also essential for the CI to identify the outcomes for

the greatest good for their stakeholders in the long-term.

Further research concerning the criteria of what constitutes

a socially responsible business, particularly as it pertains to

the CI.

Questions

Case Study

CSR

EthicalTheories

ConclusionConclusion



References

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employees and the environment, Adelaide Law Review , 29(1), 29-77.

Anderson, H., Landau, I. (2006) Corporate social responsibility in Australia: A review, Corpor ate Law and

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Best, A.L. (2010). Beyond Sustainability Narratives: justice and complex systems thinking for justsustainable viability. UMI.

Cole, T.R. (2003) Final Report of the Royal Commission into the Building and Construction Industry,

ReformOccupational Health and Safety, Vol. 6, Commonwealth of Australia, Canberra.

Corporations and Markets Advisory Committee [CAMAC] (2006) T he social r es ponsibility of corpor ati ons.

Retrieved fromhttp://www.camac.gov.au/camac/camac.nsf/byHeadline/PDFFinal+Reports+2006/$file/CSR_Report.pdf

Crane, A. & Matten, D. (2007) Business Ethics (2nd edition). Oxford: Oxford University Press, pp. 86-122.

Davis, J. (1991). Greening Business: Managing for Sustainable Devel opment , Blackwell, Oxford.



DesJardins, J. (1998). Corporate environmental responsibility. Jour nal of Business Ethics; Jun 1998; 17, 8;pg. 825.

Durham, B. (2002)Workplace health and safety in the building and construction industry. Discussion Paper6, Royal Commission into the Building and Construction Industry.

Fishcher, K. and Schot, J. (1993). Environmental Strategies for Industry: international perspectives onresearch needs and policy implications. Washington: Island Press

Ghazali, N.A.M. (2007) Ownership structure and corporate social responsibility disclosure: some Malaysianevidence. Corpor ate Gover nance, 7(3), 25266.

Health Workforce Advisory Committee (2006) Nati onal Guidelines for the Promoti on of Healthy W ork ingEnvi ronments, Ministry of Health, Wellington.

Horrigan, B. (2007) 21st Century corporate social responsibility trends An emerging comparative body of

law and regulation on corporate responsibility, governance and sustainability, Macquar ie Jour nal of Business Law , 4, 85-122

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References





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Main Presentation 5020