Zhao, J (2017) Promoting More Socially Responsibly Corporations through a Corporate Law Regulatory Framework. Legal Studies, 37 (1). pp. 103-136. ISSN 0261-3875
Abstract
This paper aims to lay the foundations for a more critical approach to the relationship between Corporate Social Responsibility (CSR) and corporate law. Limitations on legislative approaches including directors’ duties, information disclosure, sustainable decisions, direct promotion and corporate internal management structure are critically analysed, trying to find well thought-out and effectively implemented adjudication that provides meaningful instruction for regulating CSR. The article explores the manner in which corporate law may contribute to accommodating CSR principles within corporate strategies, in order to establish a transformative legal regulatory framework within corporate law by using the authoritative legal mode to promote corporate regulatory mechanisms. The article critically studies a few legislative measures supported by the relevant legislative experiences from various jurisdictions as examples of currently enforced CSR-laws at national level, in order to offer comprehensive and potentially effective legislative suggestions for accommodating CSR elements. However, a ‘one size fits all’ approach is clearly not desirable, and these suggestions should be interpreted and implemented in a locally relevant manner, according to path dependence theory.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2016 The Society of Legal Scholars. This is the peer reviewed version of the following article: Zhao, J. (2016) Promoting more socially responsible corporations through a corporate law regulatory framework. Legal Studies, doi: 10.1111/lest.12140.; which has been published in final form at https://doi.org/10.1111/lest.12140. This article may be used for non-commercial purposes in accordance with the Wiley Terms and Conditions for Self-Archiving. |
Keywords: | CSR; Corporate Governance; Corporate Law; Regulation; Stakeholders |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Education, Social Sciences and Law (Leeds) > School of Law (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 05 May 2016 08:48 |
Last Modified: | 17 Oct 2018 00:38 |
Published Version: | https://doi.org/10.1111/lest.12140 |
Status: | Published |
Publisher: | Wiley |
Identification Number: | 10.1111/lest.12140 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:99313 |