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Towards a greater understanding of the changing role of business in society

2011, EUR 24651, ISBN 978-92-79-18870-1, doi 10.2777/44703, 44 pages (PDF icon 1.14MB)



With the increasing activities of the European Commission aimed at promoting responsible business and advancing Corporate Social Responsibility throughout the private sector, there is a growing need of robust scientific analysis of the phenomenon and its different aspects. This publication summarises the outcomes of a conference 'Towards a greater understanding of the changing role of business in society' organised on 22 April 2010 in Brussels by the European Commission, Directorate-General for Research and Innovation. The conference participants discussed a number of topics related to the role business in society including, among others, the challenges of interaction and cooperation between enterprises and their stakeholders, the problem of voluntary codes versus legal frameworks in promoting corporate responsibility in a globalised economy, the need to build new relationship between enterprises and the state, as well as potential contribution of business to millennium Development Goals. In its final section the publication proposes a number of topics which could inspire future research funding.