A Meta-regulation Approach to Laws to Incorporate CSR Principles in Corporate Self-Regulation

How, and to what extent, legal regulation matters in developing social responsibility in companies are long debated questions. In the corporate regulation landscape, while some legal regulation reformers have argued that the prescriptive mode of regulatio

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Mia Mahmudur Rahim

Legal Regulation of Corporate Social Responsibility A Meta-Regulation Approach of Law for Raising CSR in a Weak Economy

CSR, Sustainability, Ethics & Governance Series Editors Samuel O. Idowu, London Metropolitan University, Calcutta House, London, United Kingdom Rene´ Schmidpeter, Ingolstadt, Germany

For further volumes: http://www.springer.com/series/11565

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Mia Mahmudur Rahim

Legal Regulation of Corporate Social Responsibility A Meta-Regulation Approach of Law for Raising CSR in a Weak Economy

Mia Mahmudur Rahim School of Accountancy Queensland University of Technology Brisbane, Queensland Australia

ISSN 2196-7075 ISSN 2196-7083 (electronic) ISBN 978-3-642-40399-6 ISBN 978-3-642-40400-9 (eBook) DOI 10.1007/978-3-642-40400-9 Springer Heidelberg New York Dordrecht London Library of Congress Control Number: 2013954543 © Springer-Verlag Berlin Heidelberg 2013 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. Exempted from this legal reservation are brief excerpts in connection with reviews or scholarly analysis or material supplied specifically for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work. Duplication of this publication or parts thereof is permitted only under the provisions of the Copyright Law of the Publisher’s location, in its current version, and permission for use must always be obtained from Springer. Permissions for use may be obtained through RightsLink at the Copyright Clearance Center. Violations are liable to prosecution under the respective Copyright Law. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. While the advice and information in this book are believed to be true and accurate at the date of publication, neither the authors nor the editors nor the publisher can accept any legal responsibility for any errors or omissions that may be made. The publisher makes no warranty, express or implied, with respect to the material contained herein. Printed on acid-free paper Springer is part of Springer Science+Business Media (www.springer.com)

This book is dedicated to my father, who passed away when I was a teenager but who first inspired my interest in the domain of knowledge.

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Preface

Even though corporate social responsibility (CSR) has become a widely accepted concept promoted by different business stakeholders, busines