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The Role of Social Responsibility in Turkey's EU Accession

Insight Turkey, January-March 2005

10 Pages Posted: 13 Jul 2007  

Bryane Michael

University of Hong Kong Faculty of Law; University of Oxford

Erika Ohlund



Abstract: Turkish company directors must think about consulting with parties beside shareholders and bankers if Turkish business is to successfully compete in Turkish and EU markets. While Turkish Boards already have complied with much of the legislation required by the acquis communautaire, they will need to continue work on provisions regarding environmental protection, customer safety, workers' rights, competition policy, and anti-corruption. Corporate Social Responsibility represents one avenue by which Turkish firms will tackle these issues. Such responsibility entails more than philanthropic contributions - which Turkish firms do make. Instead, such responsibility will involve the way that Turkish companies implement programmes such as triple bottom line reporting, limited stakeholder boards, and consultative bodies with the government, in order to work more responsibly in their business environment.

Keywords: corporate social responsibility, CSR, Turkey, SRI

JEL Classification: A00, M10

Suggested Citation

Michael, Bryane and Ohlund, Erika, The Role of Social Responsibility in Turkey's EU Accession. Insight Turkey, January-March 2005. Available at SSRN:

Bryane Michael (Contact Author)

University of Hong Kong Faculty of Law ( email )

Pokfulam Road
Hong Kong, Pokfulam HK


University of Oxford ( email )

South Parks Road
Oxford, Oxfordshire OX1 3QY
United Kingdom


Erika Ohlund

Oxbiz ( email )

United Kingdom

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