Intergenerational Equity
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Intergenerational Equity

Corporate and Financial Leadership

Julia M. Puaschunder

Exploring a topic of growing importance that has scant coverage, Intergenerational Equity brings to the fore a comprehensive discussion of intergenerational predicaments. The book explores how corporate and financial social responsibility can leverage intergenerational harmony through Corporate Social Responsibility (CSR) and Socially Responsible Investment (SRI).
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Chapter 5: Global governance

Julia M. Puaschunder

Abstract

Global governance advances societies by enhancing social responsibility in market systems and improving governmental efficiency. CSR becomes a feature of global governance when corporations provide social welfare, but also when CSR offers a multi-stakeholder conflict resolution means in public private partnerships (PPPs). Governments foster corporate social service provision, as this flexible, soft-law approach benefits from comparatively low resistance. Under the lead of international organizations, the contributions of CSR to global governance have primarily been institutionalized by the UN Global Compact (UNGC). The United Nations Global Alliance for Information and Communication Technologies and Development (UN GAID) is a global governance PPP.

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