Book Reviews: Corporate Social Responsibility of Multinational Corporations in Developing Countries: Perspectives on Anti-Corruption by Adefolake O. Adeyeye

Singapore Journal of Legal Studies, p.226, July 2013

7 Pages Posted: 4 Oct 2013

See all articles by Umakanth Varottil

Umakanth Varottil

National University of Singapore (NUS) - Faculty of Law

Date Written: July 31, 2013

Abstract

Corruption is a scourge that has been afflicting several countries, particularly in the developing world. It has impeded economic progress and adversely affected the basic human rights of citizens. Although the spotlight is usually focused on government officials in those countries who represent the “demand” side of corruption, their blameworthiness is equally shared by some multinational corporations (“MNCs”) who represent the “supply” side of corruption by offering favours to public officials in order to successfully secure business transactions through the use of such influence. While a multitude of approaches is being adopted both internationally and by national governments to tackle corruption, the concept of corporate social responsibility (“CSR”) is rapidly gaining ascendancy as an anti-corruption tool. CSR attempts to strike at the root of the problem by addressing the supply side, which in the developing-country context is represented by MNCs that are operating there.

Suggested Citation

Varottil, Umakanth, Book Reviews: Corporate Social Responsibility of Multinational Corporations in Developing Countries: Perspectives on Anti-Corruption by Adefolake O. Adeyeye (July 31, 2013). Singapore Journal of Legal Studies, p.226, July 2013. Available at SSRN: https://ssrn.com/abstract=2335327

Umakanth Varottil (Contact Author)

National University of Singapore (NUS) - Faculty of Law ( email )

469G Bukit Timah Road
Eu Tong Sen Building
Singapore, 259776
Singapore

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