American Journal of Industrial and Business Management

Volume 13, Issue 6 (June 2023)

ISSN Print: 2164-5167   ISSN Online: 2164-5175

Google-based Impact Factor: 0.92  Citations  

Breaking the Sisyphean Curse: Reshaping Stakeholder Corporate Social Responsibility for a Better Tomorrow

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DOI: 10.4236/ajibm.2023.136037    231 Downloads   1,921 Views  
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ABSTRACT

Nothing can better illustrate the exhausting ascent of Multinational Enterprises (MNE) in Corporate Social Responsibility (CSR) than the myth of Sisyphus. This Greek King kept rolling his rock to the top of the hill, but whenever he got close to his objective, the stone slipped from his hands and rolled down the hill, to the starting point. He did not, however, succumb to despair as he continued to roll it to the top. CSR is suffering from Sisyphean torture, and it is unable to accomplish anything of significance. In this modern-day tragedy, OCP Group, a global public MNE in Morocco, is rebuilding a new city in Benguerir around the Mohamed VI Polytechnic University, just like it did for the mining city of Khouribga in the past. The impossible becomes almost possible, as Albert Camus concluded in his essay, stating that “everything is good” because “we must imagine Sisyphus happy.” Within the framework of the global value chain, this paper presents an analysis of the Moroccan case study, demonstrating the potential of stakeholder CSR to support vulnerable populations and contribute to the development of transition infrastructures.

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Amachraa, A. and Maad, H. (2023) Breaking the Sisyphean Curse: Reshaping Stakeholder Corporate Social Responsibility for a Better Tomorrow. American Journal of Industrial and Business Management, 13, 635-671. doi: 10.4236/ajibm.2023.136037.

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