The reasons for violations of corporate social responsibility in Viet Nam and the solutions

Journal of Science – 2015, Vol. 2 (2), 47 – 55 Part B: Political Sciences, Economics and Law

47

THE REASONS FOR VIOLATIONS OF CORPORATE SOCIAL RESPONSIBILITY

IN VIETNAM AND THE SOLUTIONS

Mai Phu Hop1

1M.A., Can Tho University, Vietnam

Information:

Received: 08/07/2015

Accepted: 07/08/2015

Published: 07/09/2015

Keywords:

CSR, internal CSR, businesses

in Vietnam, the consumption

culture

ABSTRACT

Corporate social responsibility - CSR is the corporate’s commitments for stable

economic development through activities which enhance living quality of the

laborers, their family, community and soviet, in a way which benefits both the

corporate and common development of the society. The good implementation of

CSR by the corporations does not only ensure the sustainable development of the

corporation but also the society. Based on the overview of great benefits from

good CSR to the society and evaluation towards CSR implementation of

Vietnamese corporations at present, the author proposes some solutions for

improving CSR in Vietnam.

1. INTRODUCTION

Along with the comprehensive renewal process of

the country, the success in accelerating economic

growth for Vietnam poses urgent environmental

and social problems. These issues themselves are

demanding economic stakeholders, including

businesses have the responsibility to jointly

address, and if not the economic growth will not

be sustainable and will pay an expensive price for

the environmental and social issues.

In fact, not until now have the issues of corporate

social responsibility - CSR been introduced; but

since the subsidized period, people also talk a lot

about CSR for the state and the employees, as

well as for the community in general. However,

now CSR is understood in more detail from a

legal perspective and not only morally. The

environmental damage caused by some businesses

in recent years, the issue of food safety, difficult

life of workers are condemned by public opinion

not only morally but also need to be handled

strictly by legal terms. Therefore, it is not

coincidental that, in recent years, in print media

and many forums in Vietnam, the term CSR has

been used more frequently. In this article, the

author focuses on the role of implementing CSR,

the positiveness and limitations of the businesses

in implementing their responsibilities towards

society and find reasons why Vietnamese

businesses do not implement their responsibility

to society, and on that basis propose some primary

solutions to enhance CSR.

2. THE CORPORATE SOCIAL

RESPONSIBILITY- SOME

THEORETICAL ISSUES

The term corporate social responsibility officially

appeared in 1953, when Howard Rothmann

Bowen (1908 - 1989) published his book Social

Responsibilities of the Businessmen. The content

aims to propagate, and calls on asset managers not

to harm, the rights and interests of others, calls

charities to compensate for losses due to damages

caused by businesses (Shafiqur, 2011).