What is it about?
This book explores different approaches to corporate social responsibility. The chapters discuss the difference between regulating corporate behavior and requiring disclosures
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Why is it important?
There is a difference between regulating corporate behavior versus reporting on their behavior. Should stakeholders trust government to regulate and monitor corporations or should corporations be required to disclose their actions and trust stakeholders to make decisions.
Perspectives
Different approaches to ensuring social responsibility of corporations have been tried. Transparency is one approach and is based on the belief that stakeholders' decisions are a better approach to directing business activity. Regulation of business actions is based on the belief that governments are in a better position to direct business activities.
Dr GRAHAM Gal
University of Massachusetts Amherst
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This page is a summary of: Sustainability and Social Responsibility: Regulation and Reporting, January 2018, Springer Science + Business Media,
DOI: 10.1007/978-981-10-4502-8.
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