By Mia Mahmudur Rahim
Even although company Social accountability (CSR) has turn into a extensively permitted thought promoted through various stakeholders, enterprise organisations' inner innovations, referred to as company self-regulation in many of the susceptible economies, reply poorly to this accountability. significant legislation when it comes to company rules and obligations of those economies don't own adequate ongoing impression to insist on company self-regulation to create a socially dependable company culture.
This publication describes how the legislation when it comes to CSR might give a contribution to the inclusion of CSR ideas on the center of the company self-regulation of those economies typically, with no being intrusive in common enterprise perform. It formulates a meta-regulation approach to legislations, rather via converging styles of non-public ordering and nation keep watch over in modern company legislations from the point of view of a susceptible financial system. It proposes that this strategy is suitable for assuaging regulators' restricted entry to info and services, inherent obstacles of prescriptive rules, ensuring company dedication, and increase the self-regulatory capability of companies.
This ebook describes a number of meta-regulation innovations for legislation to hyperlink social values to financial incentives and disincentives, and to in a roundabout way impression businesses to include CSR ideas at the middle in their self-regulation ideas. It investigates this phenomenon using Bangladesh as a case study.
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Legal Regulation of Corporate Social Responsibility: A Meta-Regulation Approach of Law for Raising CSR in a Weak Economy (CSR, Sustainability, Ethics & Governance) by Mia Mahmudur Rahim