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Comparing Virtue, Consequentialist, And Deontological Ethics-Based Corporate Social Responsibility: Mitigating Microfinance Risk In Institutional Voids, Subrata Chakrabarty, A E. Bass
Comparing Virtue, Consequentialist, And Deontological Ethics-Based Corporate Social Responsibility: Mitigating Microfinance Risk In Institutional Voids, Subrata Chakrabarty, A E. Bass
Subrata Chakrabarty
Due to the nature of lending practices and support services offered to the poor in developing countries, portfolio risk is a growing concern for the microfinance industry. Though previous research highlights the importance of risk for microfinance organizations, not much is known about how microfinance organizations can mitigate risks incurred from providing loans to the poor in developing countries. Further, though many microfinance organizations practice corporate social responsibility (CSR) to help create economic and social wealth in developing countries, the impact of such CSR practices remains an underdeveloped area of inquiry. We use a normative ethics lens to develop an …