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Explaining Regulatory Preferences: CSR, Soft Law, or Hard Law? Insights from a Survey of Nordic Pioneers in CSR

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  • Gjølberg, Maria

Abstract

Business is often assumed to resist increased social and environmental regulation, preferring voluntary or soft-law approaches to global governance. This article analyzes the dynamics between CSR, soft law, and hard law by exploring corporate attitudes in the Nordic area towards CSR and regulation'an area reputed to be a forerunner in both CSR and social and environmental regulation. The analysis, based on a survey of the Nordic companies with the strongest CSR performance, reveals skepticism towards relying on CSR and voluntary approaches, combined with a very strong preference for increased international regulation of social and environmental issues. Drawing on insights from recent analyses in the governance literature, the article discusses the conditions under which business favors increased social and environmental regulation, concluding that corporate self-interest and increased international regulation can indeed coincide.

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  • Gjølberg, Maria, 2011. "Explaining Regulatory Preferences: CSR, Soft Law, or Hard Law? Insights from a Survey of Nordic Pioneers in CSR," Business and Politics, Cambridge University Press, vol. 13(2), pages 1-31, August.
    • Handle: RePEc:cup:buspol:v:13:y:2011:i:02:p:1-31_00
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    Cited by:

    1. Nurul Fadly Habidin & Muhammad Arif Eyun & Anis Fadzlin Mohd Zubir & Nursyazwani Mohd Fuzi & Sharon Yong Yee Ong, 2016. "The Relationship between Sustainable Manufacturing Practice and Environmental Performance in Malaysian Automotive SMEs," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 6(12), pages 338-352, December.

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