News

23 Oct 2011
Abu-Ghazaleh Tackles Business and Society in a Symposium Held by the Arab Anti-Corruption Organization

The culture of social responsibility is a problem, and we are not aware of such concept in our Arab world - Abu-Ghazaleh

BEIRUT------- October 3, 2011 ------ The Arab Anti-Corruption Organization held a symposium on the role of the private sector in the path of sustainable development and good governance in Arab countries under the chairmanship of HE Dr. Salim Hoss, president of the Organization and a number of thought and opinion leaders in the Arab countries.


The event dealt with patterns of participation between public and private sectors, participatory and the structure of Arab regimes and the reform of public sector institutions, in addition to the distribution of responsibilities and tasks between the public and private sectors.

The symposium also raised the issue of social responsibility and corporate governance between the voluntary and legal obligation and the role of the private sector in the framework of the Convention of International Trade and the Euro-Mediterranean partnership agreement, in addition to case studies from Egypt, Kuwait, and Algeria.


HE Dr. Hoss delivered a speech stating that development cannot be sustainable if it was not derived from a creative dynamic system, which will be available only in the presence of the private sector
‘The private sector has a leading role in the course of development as well as in improving governance," he said.

 
Dr. Amer Al Khayyat, secretary general of the Organization, stated "Our Organization’s theme choice of the symposium is an expression of our conviction concerning the importance of the role of the Arab private sector, its positive participation in social activity and its contribution to the revival of the country."

 
In introducing HE Dr. Abu-Ghazaleh, Member of the Board of Trustees of the Organization, Al-Khayat stated that Abu-Ghazaleh is the best in representing the private sector in the Organization. He also welcomed HE Dr. Salim Hoss and his support, his concern regarding the progress of the Organization.

Meanwhile, Dr. Abu-Ghazaleh in his key note speech entitled "Business and Society" said: ‘We must look at business organizations as part of the community, as they are one of its components, a partner and not opponent," adding "Traditions describe the corporate responsibility by means of social responsibility for businesses, while it extends beyond that, but the focus is on companies as they became giant entities and perhaps more powerful than governments."

He tackled the concept of social responsibility, saying: " No matter how the legislations of laws can be fair as far as the taxes are concerned, social justice cannot be achieved; therefore the focus is on the economic dimension, and what we call capacity responsibility."


"It is a controversial issue and has become one of the most important political philosophies, and when economic fundamentals started offering their ideas, including Adam Smith, who said, ‘The baker and the chef do not bake or cook for the people’s benefit or for charity work, but for his own advantage.’ Hence the philosophy of fundamentalism, which says that the real interest is that the company focuses only on profit because the owners of these companies are parties and involved in the community."

He pointed out that the Communist movement, which began with Marxism although it was Western movement, did not spread in the West because it has defied this movement with the so-called free market, thereby rendering the biggest benefit to the community.

He also highlighted the experience of the Global Compact, where its first president was Kofi Annan, the former Secretary General of the United Nations.

"I was his



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