Academic Journal
Redefining Corporate Social Responsibility in an Era of Globalization and Regulatory Hardening
52 pages 2018 American Business Law Journal
Journal Details
American Business Law Journal, 2018 Vol. 55 Issue 1 Pages 167-218
Business Law
Journal Article, Academic Journal
Through our analysis of corporate trends, regulations, and case law from the United States, European Union, China, and India, we argue that the process of legalization and redefinition of CSR through a shareholder primacy lens may, troublingly, undermine the very notion of corporate social responsibility. In the face of these trends, this article redefines CSR with a reference to a fresh commitment to corporations’ social and ethical responsibility to society.