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Corporate Social Responsibility Implementation in the EU and USA: The Trend and the Way Forward

In: Corporate Social Responsibility

Author

Listed:
  • Mia Mahmudur Rahim

    (Queensland University of Technology)

  • Nakib Mohammad Nasrullah

    (University of Dhaka)

Abstract

The core principles of CSR are being integrated into the core policy objectives of different economies and global companies and are also moving beyond their individual business initiatives. This integration can be seen from individual states’ perspectives; states are also accepting these issues in their socio-economic strategies and thus are establishing these issues within national economies. Given this background, this chapter explicates the trends in implementing CSR principles in the EU and USA. It demonstrates that companies in the developed countries use a mix of different strategies to incorporate CSR principles in their self-regulatory mechanisms. Strategies based on legal regulation are not foremost in this mix; rather, in these countries regulation-based strategy is meant to assist the non-legal drivers of CSR.

Suggested Citation

  • Mia Mahmudur Rahim & Nakib Mohammad Nasrullah, 2013. "Corporate Social Responsibility Implementation in the EU and USA: The Trend and the Way Forward," CSR, Sustainability, Ethics & Governance, in: John O. Okpara & Samuel O. Idowu (ed.), Corporate Social Responsibility, edition 127, chapter 0, pages 181-197, Springer.
    • Handle: RePEc:spr:csrchp:978-3-642-40975-2_11
    DOI: 10.1007/978-3-642-40975-2_11
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