Adoption of corporate social responsibility codes by multinational companies

被引：47
|
作者：
Levis, Julien [1 ]
机构：
[1] World Bank, Private Sect Dev Vice Presidency, 2121 Penn Ave NW, Washington, DC 20433 USA
来源：
JOURNAL OF ASIAN ECONOMICS | 2006年 / 17卷 / 01期
关键词：
Corporate social responsibility; Codes of conduct; Multinational companies; Regulation; Civil society; Litigation; Corporate governance; Legitimacy;
D O I：
10.1016/j.asieco.2006.01.007
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Multinational companies (MNCs) increasingly publicize their commitment to Corporate Social Responsibility (CSR) and advertise their Codes of conduct. These CSR Codes are the result of genuine corporate intent as well as external pressure. We underline the risks of corporate self-regulation for shareholders as well as stakeholders. In a competitive environment, MNCs' managers have no incentive to adopt codes that truly limit corporate externalities. Regulation by public authorities or at the industry level provides better safeguards than regulation by the individual company itself. (C) 2006 Elsevier Inc. All rights reserved.
引用
收藏
页码：50 / 55
页数：6
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