By Nina Boeger
This e-book examines the strategies of company social accountability (CSR) within the context of globalisation and its many demanding situations, concentrating on various criminal views that come up. specific difficulties provided comprise the various definitions of CSR and the comparable dilemmas of making a choice on a self-regulatory strategy or a better point of exterior regulatory regulate. the jobs of the nation and the marketplace and the way they interrelate are thought of during this e-book opposed to a history of elevated intervention via foreign associations. the capability contribution of person voters and non-governmental organizations in the direction of reaching a socially and environmentally in charge company behaviour can also be given cognizance. those matters are of specified crisis in an period that demands varied political and regulatory actions than were exploited traditionally.Highlighting the important value of legislation, criminal platforms and the function of legal professionals to the talk on CSR, this publication could be of significant curiosity to lecturers and policymakers. it's going to additionally entice scholars in legislations, specifically corporation legislation, advertisement legislations, and overseas legislations.
Read or Download Perspectives on Corporate Social Responsibility (Corporations, Globalisation And The Law Series, Book 7) PDF
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Additional info for Perspectives on Corporate Social Responsibility (Corporations, Globalisation And The Law Series, Book 7)
Example text
Generic prescriptions cannot be given on the initiatives or outcomes of the balancing exercise that companies engage in when they decide how to engage at the public policy interface. 33 The management strategy approach of ‘core competences’ suggests that businesses should focus on doing what they do best – in their areas of ‘core competence’. For example, Michael Warner of the Overseas Development Institute in the UK suggests a realignment of more of the core business competencies and resources of business with national and provincial development priorities.
CSR needs a distinctive breed of business lawyer if it is to come close to meeting its potential. And external business lawyers need to be prepared to view their own practices as businesses, subject to the same generic dilemmas and challenges of CSR as those facing other sectors. It will not be enough for the legal profession to respond to CSR through pro bono advice, community initiatives, and the development of new CSR-related practice areas. Indeed, doing so may result in the legal profession visibly trailing other business sectors that are more ready to address some of the underlying challenges.
There is a distinct breed of external lawyer whose role is to act as overall ‘wise counsellor’ or ‘trusted adviser’ independent of any immediate legal risk management issue. So the scope for action on the part of external legal advisers is likely to be determined by a combination of the predisposition of their clients to seeing their external legal advisers in this way; the business case for those clients to practise CSR, and the extent to which the external legal adviser may him or herself be subject to various kinds of incentives to integrate CSRrelated considerations into the delivery of advice.