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Corporate Social Responsibility Across the Globe
Innovative Resolution of Regulatory and Governance Challenges
This book demonstrates creative ways law can regulate corporate social responsibility and address governance challenges in national and transnational contexts.
Onyeka K. Osuji (Author), Franklin N. Ngwu (Author), Gary Lynch-Wood (Author)
9781108470025, Cambridge University Press
Hardback, published 1 June 2023
300 pages
23.5 x 15.8 x 2 cm, 0.54 kg
'From a combined perspectives of law, economics, and business sciences, Osuji and Ngwu point to creative ways that a mainly firm-based governance orthodoxy can be adapted into a tool for enabling sustainable development in the developing world, where regulations are scarcely enforced. And for this creativity to work, regulators and policy makers in these countries must be open-minded, eclectic, and adventurous in their use of CSR.' Kalu Ojah, Professor of Finance, Wits Business School, University of the Witwatersrand, Johannesburg, South Africa
Corporate Social Responsibility Across the Globe demonstrates many ways that CSR can be applied by law to overcome regulation and governance challenges around the world. Using interdisciplinary and comparative models and perspectives, the book challenges dominant understandings of CSR, such as neoliberal voluntarism, and demonstrates the regulatory and governance implications of an interdependent relationship between CSR and the law. The book identifies substantive and procedural barriers for CSR in national, public, and private international law. By analyzing, deconstructing, and reframing CSR in these contexts, the book underlines opportunities for more effective application of CSR as a governance mechanism. Chapters investigate relevant regulation concepts, paradigms and approaches for CSR; methods for infusing CSR in corporate governance; and ways to facilitate private regulation of CSR in more developed, emerging, and developing jurisdictions.
1. Introduction: The Centrality of Regulation in Corporate Responsibility Onyeka K. Osuji
Part A. Regulation Concepts, Paradigms and Approaches for Corporate Social Responsibility 2. The Dynamics of Regulatory Transformation: An Environmental Perspective Gary Lynch- Wood
3. Values System Paradigm as a Regulatory Alternative to Stakeholder Needs CSR Onyeka K. Osuji
4. Incentives, Public Procurement and Market Mechanisms Franklin N. Ngwu
5. Governance of Firms, Poverty and Shared Responsibilities for Human Rights in UNGPs: Smart-Mix Regulation and Corporate Social Responsibility within Coalitions of the (Un)Willing Onyeka K. Osuji, Gary Lynch-Wood
Part B. Infusing Corporate Social Responsibility in Corporate Governance: 6. CSR, Directors and Top Management Officers: Responsibility and Accountability Pathways Onyeka K. Osuji
7. Structural Limits and Structural Opportunities for Shareholder Regulation David Williamson, Gary Lynch-Wood
8. SMEs: Untapped Platform for Sustainable CSR Penetration and Practice in Developing and Emerging Markets Franklin N. Ngwu
Part C. Stimulating Private Regulation of Corporate Social Responsibility: 9. Shareholders, Institutional Investors and Socially Responsible Investment Franklin N. Ngwu
10. Professional Advisory Services and CSR Responsibilisation, Accountability and Transparency Onyeka K. Osuji
11. Towards an Understanding of Civil Regulation: Context Sensitivity Model for the Firm and the Environment Gary Lynch-Wood
12. Inventive interventionist regulation of transnational business, sport, cultural and entertainment organisations Onyeka K. Osuji
13. Postscript: Rendezvous of Regulation and Corporate Social Responsibility.
Subject Areas: Commercial law [LNCB], Company, commercial & competition law [LNC], Comparative law [LAM], Corporate governance [KJR], Business ethics & social responsibility [KJG], Political science & theory [JPA]