Corporate Responsibility
Activists are often unhappy with the laws governing business behavior and with their enforcement. One strategy they use to alter the behavior of corporations is to target not the laws but the corporations, hoping that they will change without being legally obliged to. Sometimes firms do, because they would rather incur the costs of behaving better today than the costs of being shamed later. But how does this reputational mechanism work? Will it achieve the right standards? Which companies will it affect? And are there good reasons to prefer it to alternative ways of setting standards?
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| Language: | English |
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Washington, DC
2004-05
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| Subjects: | CARTELS, CLIMATE CHANGE, COMPANY, CORPORATE RESPONSIBILITY, CORPORATION, CORPORATIONS, DEREGULATION, ECONOMICS, ENVIRONMENTAL ISSUES, FIRMS, INTERMEDIATE GOODS, INTERNATIONAL STANDARDS, MULTINATIONAL COMPANIES, OIL, PRIVATE SECTOR, PRODUCERS, SANCTIONS, SUPPLIERS CORPORATE ACCOUNTABILITY, BUSINESS CAPACITY, STANDARD PERFORMANCE, SOCIAL ISSUES, ECONOMIC ISSUES, POLITICAL ISSUES, RULES & REGULATIONS, JUDICIAL SYSTEMS, HUMAN RIGHTS, LOCAL COMMUNITIES, ETHICAL NORMS, MONITORING, |
| Online Access: | http://documents.worldbank.org/curated/en/2004/05/4971605/corporate-responsibility https://hdl.handle.net/10986/11270 |
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