Corporate social responsibility and accountability: a new theoretical foundation for regulating CSR
Mallika Tamvada ()
Additional contact information
Mallika Tamvada: University of Essex
International Journal of Corporate Social Responsibility, 2020, vol. 5, issue 1, 1-14
Abstract The absence of consensus on what should constitute Corporate Social Responsibility has inhibited consistent CSR legislation around the world. This paper poses a fundamental question on what should constitute CSR and what should be the nature of CSR regulation? By constructing the boundaries of CSR, the paper offers scope for consistently developing CSR regulation around the world. It construes CSR as consisting of business relation and impact relation, and demonstrates that these are intertwined with legal responsibilities of business and, consequentially, with accountability. It accomplishes this by establishing the obligatory nature of responsibilities using the lens of ethical and legal jurisprudence. This new approach towards CSR recasts it as an obligatory responsibility that is linked to accountability. Furthermore, the framework provides a foundation for consistent development of CSR regulation across different countries that can lead to effective discharge of corporates’ social responsibilities.
Keywords: Responsibility; Accountability; CSR; Corporate accountability; Business relation; Impact relation; Regulation (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14) Track citations by RSS feed
Downloads: (external link)
http://link.springer.com/10.1186/s40991-019-0045-8 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:spr:ijocsr:v:5:y:2020:i:1:d:10.1186_s40991-019-0045-8
Ordering information: This journal article can be ordered from
Access Statistics for this article
International Journal of Corporate Social Responsibility is currently edited by René Schmidpeter and Samuel O. Idowu
More articles in International Journal of Corporate Social Responsibility from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().