LAW 533 Lecture 3: LAW533 cH 1-4
9 Nov 2016
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Document Summary
Law 533: corporate social responsibility ethics and the law. Chapter 1: an overview of the corporate social responsibility, ethics and the law landscape. If everyone in a group has a common interest they can achieve it and boot out the minorities: free ride concept: if the group is working on public efforts. P. 2-2: corporate social responsibility and the changing legal environment for corporations: from. Approach where they can register as a corporation for any business purpose, and devoid (free of) any public purpose ! and will not be scrutinize by the government. Institutionalization (cid:0) operates to produce what is common understanding about what is appropriate and fundamentally meaningful behaviour for a particular organization: ^ csr is becoming a global norm. Conclusion: de-responsibilzation: corporations were autonomy but constrained to governmental regulations, corporate re-responsibilzation is ongoing, work in progress, as corporations are moving towards re-responsibilzation. *market-based mechanisms: variables to provide incentives for polluters to reduce or eliminate negative environmental externalities.
