Opportunities and Pitfalls of Corporate Social Responsibility

Shame Mugova is a financial analyst, currently a Finance Lecturer at Management College of Southern Africa in Durban, South Africa and a research fellow at Durban University of Technology. He holds a PhD in Finance from the Durban University of Technology (South Africa). He received a Master's Degree (MBA) from Solusi University (Zimbabwe) and a Bachelor of Commerce Honours Degree in Finance from National University of Science and Technology (Zimbabwe) in 2012 and 2007, respectively. His research interests are corporate social responsibility, corporate governance and trade credit. He has 8 years of work experience in Zimbabwe's tax, medical, private voluntary organisation, engineering, clothing and textile industry sectors. His work experience is in the field of finance and accounting and has worked for 3 years as an independent business consultant for Small-to-Medium Enterprises.
Paul R. Sachs is Executive Director of Merakey-Philadelphia, a division of Merakey which is a multistate non-profit organisation in the USA serving people with mental health, addictions and intellectual disability challenges. He received a PhD in Clinical Psychology from Vanderbilt University in Nashville, TN, and an MBA from Saint Joseph's University in Philadelphia, PA. He is a licensed psychologist in Pennsylvania, USA, and resides in the Philadelphia, PA, USA, area. He has been a mentor for Fellows from the Mandela Washington Fellowship and received a reverse exchange grant to provide mental health training with a Fellow in Ethiopia in 2016.

This book addresses key aspects of corporate social responsibility (CSR) and explores them from a variety of perspectives in a case study on the Marange diamond mines in Zimbabwe. The business case of the Marange mines is presented to demonstrate the challenge of practicing social responsibility while considering and balancing the needs of a developing nation, environmental protection, community involvement and international business. Lessons learned from the case study will help business leaders and strategists in developing countries and multinational corporations to better understand and employ CSR principles so as to enhance sustainability and social impact. Further, the book provides a unique combination of academic, industrial and local approaches.

Presents a revealing case study on the challenges for CSR in a developing country

Opportunities and Pitfalls of Corporate Social Responsibility: An Introduction.- CSR implementation challenges: Analyzing the Role  and Behavior Stakeholders.- Exploring the Theoretical Basis for Stakeholder Protection in Corporate Governance.- The Socio-economic Impact of Corporate Social Responsibility on the Zimbabwe Mining Industry.- Corporate Social and Environmental in the Diamond Supply Chain.- Theory and Practice of Corporate Social Responsibility in a Developing Country Context.- Labour Management Issues In Marange Diamond Mines.- The World Against Us: The Vulnerable Group, Marange Diamond Mines and Corporate Social Responsibility Question.- Corporate Social Responsibilities: A Comparative Study of the DRC, Zimbabwe and South Africa.- Environmental Impact and CSR Responsibilities.- Corporate Social Responsibility in Times of Economic Crises.- Is a Sustainable Development Affordable in Developing Countries?.- Marange Diamond Fields Case.- A Conceptual and Ethical Approach to Corporate Social Responsibility in Africa's Development Crisis: The Marange Experience.- Constraints and Opportunities in Mitigation of adverse Environmental Impacts in Mineral Resource Harnessing-Some Marange Diamonds Perspectives.- Opportunities and Pitfalls of Corporate Social Responsibility: A Summary.