Tourism Business and Corporate Social Responsibility: Analysis of the Legal and Institutional Framework in Ethiopia
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Date
2018-02
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Addis Ababa University
Abstract
This paper focuses on the analysis of the existing legal and institutional status and loopholes in CSR in tourism businesses in Ethiopia. The notion of CSR is a growing concept and become more relevant with time to address many problems in different sectors irrespective of the kind of activities conducted. Corporations are the major groups engaged in different sectors of businesses in the social and environmental arenas; so they are expected to take responsibility. Not only this; now a day’s unlike the traditional view of understanding CSR as a pure cost; CSR is a strategic practice in businesses in which they use it to enhance their image.
The aim of this paper is to show the legal and institutional status of CSR for tourism businesses in Ethiopia by showing its nexus and what role CSR plays in businesses in today’s society and why businesses should work more with its different stakeholders.
One conclusion is that CSR is pure cost and no need of increasing the burden of businesses which is a tradition view of CSR. But, most of the present analysis and discussion about the concept of CSR indicates that it has multi significance that it has impacts not only in tourism businesses but also in different sectors and they affect each other. For this, the government takes the lead in the setting up of the ground for CSR issues in the policy, strategy and laws. So, by clearly researching addressing the legal and institutional drawbacks and laying out the ground in the major legal and institutional framework; tourism businesses can operate more effectively and can be used as a driver for other economy.
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Business and Corporate Social Responsibility