Legal Regulation of Corporate Social Responsibility A Meta-Regulation Approach of Law for Raising CSR in a Weak Economy

Even though Corporate Social Responsibility (CSR) has become a widely accepted concept promoted by different stakeholders, business corporations' internal strategies, known as corporate self-regulation in most of the weak economies, respond poorly to this responsibility. Major laws relating to...

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Bibliographic Details
Main Author: Rahim, Mia Mahmudur
Format: eBook
Language:English
Published: Berlin, Heidelberg Springer Berlin Heidelberg 2013, 2013
Edition:1st ed. 2013
Series:CSR, Sustainability, Ethics & Governance
Subjects:
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
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245 0 0 |a Legal Regulation of Corporate Social Responsibility  |h Elektronische Ressource  |b A Meta-Regulation Approach of Law for Raising CSR in a Weak Economy  |c by Mia Mahmudur Rahim 
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505 0 |a Chapter 1: Introducing the book -- Chapter 2: Corporate social Responsibility (CSR). Corporate Governance (CG) and Corporate Regulation -- Chapter 3: The Theoretical Basis for the Implementation of CSR Principles Through Legal Regulation -- Chapter 4: The Legal Regulation Strategies for Incorporating CSR Principles in Corporate Self-Regulation -- Chapter6: Legal Regulation of CSR in a Weak Economy: The Case of Bangladesh -- Chapter 7: Concluding the Book.  
653 |a Private International Law, International and Foreign Law, Comparative Law 
653 |a Ethics 
653 |a Business ethics 
653 |a International Economic Law, Trade Law 
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653 |a Development Economics 
653 |a Business Ethics 
653 |a Development economics 
653 |a Organization 
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653 |a Moral Philosophy and Applied Ethics 
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520 |a Even though Corporate Social Responsibility (CSR) has become a widely accepted concept promoted by different stakeholders, business corporations' internal strategies, known as corporate self-regulation in most of the weak economies, respond poorly to this responsibility. Major laws relating to corporate regulation and responsibilities of these economies do not possess adequate ongoing influence to insist on corporate self-regulation to create a socially responsible corporate culture. This book describes how the laws relating to CSR could contribute to the inclusion of CSR principles at the core of the corporate self-regulation of these economies in general, without being intrusive in normal business practice. It formulates a meta-regulation approach to law, particularly by converging patterns of private ordering and state control in contemporary corporate law from the perspective of a weak economy. It proposes that this approach is suitable for alleviating regulators' limited access to information and expertise, inherent limitations of prescriptive rules, ensuring corporate commitment, and enhance the self-regulatory capacity of companies. This book describes various meta-regulation strategies for laws to link social values to economic incentives and disincentives, and to indirectly influence companies to incorporate CSR principles at  the core of their self-regulation strategies. It investigates this phenomenon using Bangladesh as a case study