Governance, employees and CSR : integration is the key to unlocking value

Young, Suzanne and Thyil, Vijaya 2009, Governance, employees and CSR : integration is the key to unlocking value, Asia pacific journal of human resources, vol. 47, no. 2, pp. 167-185.

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Title Governance, employees and CSR : integration is the key to unlocking value
Author(s) Young, Suzanne
Thyil, Vijaya
Journal name Asia pacific journal of human resources
Volume number 47
Issue number 2
Start page 167
End page 185
Publisher Sage Publications Ltd
Place of publication London, England
Publication date 2009-08-02
ISSN 1038-4111
1744-7941
Keyword(s) corporate social responsibility
governance
labour
stakeholders
Summary Corporate governance has gained increasing importance in the last decade as organisations have been involved in bankruptcies and frauds alongside decreases in organisational value and jobs. Researchers have signalled a need for new perspectives and models of governance, especially one that clearly identifies and embeds employees as part of the system. This article explores the importance of human resources as a key component of the governance system. It discusses whether organisational rhetoric in relation to stakeholders and social responsibility incorporates employees and in doing so it delves into the concept of labour as a key stakeholder. The article examines publicly available reports of two resource-based firms and two finance-sector firms: Rio Tinto, Shell Australia, Westpac and ANZ Bank to explore the position of labour. It concludes that the position of labour as a stakeholder is problematic, with a divergence between espoused statements on CSR and how they are operationalised throughout the organisation. The emphasis seems to be on environmental and financial sustainability with lesser importance placed on dimensions of workplace management and accompanying employee relations approaches.
Language eng
Field of Research 150303 Corporate Governance and Stakeholder Engagement
Socio Economic Objective 910402 Management
HERDC Research category C1.1 Refereed article in a scholarly journal
ERA Research output type C Journal article
HERDC collection year 2009
Copyright notice ©2009, Australian Human Resources Institute
Persistent URL http://hdl.handle.net/10536/DRO/DU:30021057

Document type: Journal Article
Collections: Faculty of Business and Law
Deakin Graduate School of Business
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