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Corporate Social Responsibility in Rising Economies: Georgia

In: Corporate Social Responsibility in Rising Economies

Author

Listed:
  • Maia Shekriladze

    (Heilbronn Technical University)

  • Christopher Stehr

    (German Graduate School of Management and Law)

Abstract

Economies over the world are undergoing similar processes but handle them, depending of the context they are situated in, in various ways. Georgia ranks sixth in ease of doing business and is second in starting a business worldwide. The country’s recent economic reforms have moved it from a near-failed state in 2003 to a relatively well-functioning market economy. Still the results of the first Corporate Social Responsibility survey back in 2000 showed an unattractive picture of the Georgian enterprises, which were at the initial stage of entrepreneurship development. The basic form of Social responsibility of Business (SRB) in the country was charity. The strong traditions of the private charitable actions from the Georgian entrepreneurs were conditioned by the norms of the Orthodox Christianity, as well as the opportunities of improvement in their social status. Today many international Organizations support Georgian government and civil society to create the needed frameworks and raise awareness for CSR. Having analyzed these challenges, we compared them to cultural characteristics according to the GLOBE project and suggest that many of the CSR challenges of Georgia be explained within the content of the country’s cultural characteristics.

Suggested Citation

  • Maia Shekriladze & Christopher Stehr, 2020. "Corporate Social Responsibility in Rising Economies: Georgia," CSR, Sustainability, Ethics & Governance, in: Nayan Mitra & René Schmidpeter (ed.), Corporate Social Responsibility in Rising Economies, pages 141-161, Springer.
    • Handle: RePEc:spr:csrchp:978-3-030-53775-3_8
    DOI: 10.1007/978-3-030-53775-3_8
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    Cited by:

    1. Iwona Zdonek & Anna Mularczyk & Grzegorz Polok, 2021. "The Idea of Corporate Social Responsibility in the Opinion of Future Managers—Comparative Research between Poland and Georgia," Sustainability, MDPI, vol. 13(13), pages 1-20, June.

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