Journal of Business Ethics 160 (4):961-972 (2018)

Authors
Peter Seele
Heinrich Heine University Düsseldorf (PhD)
Abstract
Although the literature on corporate social responsibility has discussed the scope and meaning of CSR extensively, confusion still exists regarding how to define the concept. One controversial issue deals with the changing legal status of CSR. Based on a review of CSR definitions and meta-studies on CSR definitions, we find that the majority of definitions leans toward voluntary CSR. However, some recent regulatory amendments toward mandatory CSR have called into question the established idea of CSR as merely a managerial tool of self-regulation. In this paper, we juxtapose the evolution of CSR in India against the scholarly literature discussing voluntary-versus-mandatory CSR to understand the recent shift toward a new conceptualization of CSR as a form of co-regulation that includes elements of both voluntary and mandatory regulation. The Indian Companies Act 2013 is a remarkable example in that it replaced an older version from 1956, taking a bold step toward the integration of voluntary and mandatory aspects in the application of CSR. We present practical implications of the Indian case for businesses and discuss implications for CSR theory development; we particularly consider the evolution of the business and society relationship from a voluntary soft law approach to CSR to an increasingly hard law approach and transitory hybrid forms in-between like soft–hard law and hard–soft law.
Keywords No keywords specified (fix it)
Categories (categorize this paper)
Reprint years 2019
ISBN(s)
DOI 10.1007/s10551-018-3783-8
Options
Edit this record
Mark as duplicate
Export citation
Find it on Scholar
Request removal from index
Revision history

Download options

PhilArchive copy


Upload a copy of this paper     Check publisher's policy     Papers currently archived: 58,276
External links

Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
Through your library

References found in this work BETA

View all 10 references / Add more references

Citations of this work BETA

Blockchain and Business Ethics.Claus Dierksmeier & Peter Seele - 2020 - Business Ethics: A European Review 29 (2):348-359.

Add more citations

Similar books and articles

Privatizing or Socializing Corporate Responsibility.Jennifer Griffin - 2014 - Business and Society 53 (4):583-619.
Code Integration: Alignment or Conflict?Rory Sullivan - 2005 - Journal of Business Ethics 59 (1-2):9-25.
Sustainable Development and Industry Self-Regulation.Jennifer Griffin - 2014 - Business and Society 53 (4):551-582.
Public Policy Avoidance.Duane Windsor - 2015 - Proceedings of the International Association for Business and Society 26:142-154.
Mandatory Versus Voluntary Consent for Newborn Screening?Lainie Friedman Ross - 2010 - Kennedy Institute of Ethics Journal 20 (4):299-328.

Analytics

Added to PP index
2018-01-21

Total views
14 ( #686,507 of 2,419,614 )

Recent downloads (6 months)
1 ( #542,420 of 2,419,614 )

How can I increase my downloads?

Downloads

My notes