ADM 1301 Lecture Notes - Lecture 14: Corporate Social Responsibility, Maple Leaf Foods, Financial Institution
Document Summary
They are not force to do, so some people might not do it: government regulation, they can"t trust business to regulate itself, their role is to protect us, the more people, the more to fill the papers. Industry self-regulation: laissez-faire market regulation, corporate self discipline regulation, self-regulation involving stakeholders, negotiated self-regulation, mandated self-regulation, quasi-government regulation, government regulation. Tax expenditures or tax credits: potential revenues the government chooses not to collect and are any form of incentive or relief granted through the tax system. Chosen instrument: corp within a particular industry that receives some form of special attention from government through grants, loans, purchasing policy, or tax incentives. Mixed enterprises: government owns equity in the private sector enterprises. Public-private partnership (ppp): agreement between public and private sector that skills and assets are shared. Lo 10. 4) government involvement in corporate social responsibility.