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On the perspectives of the implementation of 'Corporate Social Responsibility'

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  • Mia Mahmudur Rahim

    (Macquarie University)

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    Abstract

    In the face of changes in corporate regulation scholarship, the percepts of corporate governance and legal policies have minimized the controversies over the potentials and limitations of corporate accountability mechanisms. In the contemporary scholarly works on the implementation of corporate social responsibility (CSR), there are evidences that support CSR principles to be implemented through legal regulation. Scholars and current practices, however, emphasize that this implementation should not be based on any single strategy. From this perspective, this article argues that the regulatory strategies for this implementation should be based on a fusion of legal sanction, market incentives and the demand of private ordering.

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    Bibliographic Info

    Article provided by Ottawa United Learning Academy in its journal Transnational Corporations Review.

    Volume (Year): 3 (2011)
    Issue (Month): 3 (September)
    Pages: 1-16

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    Handle: RePEc:oul:tncr09:v:3:y:2011:i:3:p:1-16

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    Postal: 1568 Merivale Rd. Suite # 618, Ottawa, Ontario, Canada K2G 5Y7

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    Keywords: CSR; regulation; corporate self-regulation; weak economies;

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