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Author:Post, J. E.
Carroll, T. D.
Title:Corporate Citizenship in the Extended Enterprise How the Global Compact Links Business and Society
Journal:Journal of Corporate Citizenship
2003 : AUTUMN, VOL. 11, p. 73-84
Index terms:STAKEHOLDERS
UNITED NATIONS
ENTERPRISE
Language:eng
Abstract:The UN Global Compact is an important mechanism for joining the business and citizenship strategies of multinational corporations. These very large companies have increasingly become extended enterprises, with long supply chains and complex market channels, involving highly interdependent networks of stakeholders. There is a pressing need for consistent policy and practice in executing business and community strategies. The process of turning executive commitment into operational reality remains a great challenge, however. Many mechanisms are required to effectively implement these commitments. The Global Compact provides a template against which such commitments can be tested, measured and improved.
SCIMA record nr: 252537
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