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| Author: | Deakin, S. Hobbs, R. |
| Title: | False dawn for CSR? Shifts in regulatory policy and the response of the corporate and finacial sectors in Britain |
| Journal: | Corporate governance
2007 : VOL. 15:1, p. 68-76 |
| Index terms: | corporate responsibility social responsibility shareholders labour United Kingdom |
| Language: | eng |
| Abstract: | This paper presents a model of corporate social responsibility (CSR) as a set of mechanisms for aligning corporate behaviour with the interest of society in reducing externalities and promoting a sustainable corporate sector. These mechanisms include voluntary actions by companies to go above minimal legal standards. The paper assesses the how well the model is realised in current British practice. Managerial resistance is found to the linking of CSR with internal employee relations, and obstacles to shareholder engagement on this issue. |
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