File #2468: "2018_Book_GlobalisationOfCorporateSocial.pdf"
Testo
1|Contents|5
1|About the Editors|7
1|Part I: Introductory Overview|9
2|The Significance of Moving Beyond Corporate Social Responsibility (CSR)|10
3|1 Introduction|10
3|2 Part II: Corporate Social Responsibility: Conceptual Frameworks and Stakeholders|11
4|2.1 Well Governed, Sustainable and Socially Responsible Financial Corporations: Remote or Real Expectations?: Gill North|11
4|2.2 The Role of Employee Voice in Promoting Corporate Social Responsibility in China: Cindy A. Schipani, Terry Morehead Dworki...|14
4|2.3 Responsibility and the Modern Corporation: Jeroen Veldman|15
3|3 Part III: Board Structure and Accountability|16
4|3.1 Corporate Social Responsibility and the Corporate Board: Assessing the Indian Experiment: Afra Afsharipour|16
4|3.2 Regulation of Corporate Social Responsibility in the Lens of Board Accountability and the Case of China: Jingchen Zhao|19
3|4 Part IV: Corporate Social Responsibility Legislation and Implementation: Evidence and Experience|21
4|4.1 Corporate Social Responsibility in European Union Law: Foundations, Scenarios of Future Action, and Enforcement Options: P...|21
4|4.2 From Transparency to Due Diligence Laws? Variations in Stringency of CSR Regulation in Global Supply Chains in the `Home S...|23
4|4.3 Soft Law Requirements with Hard Law Effects? The Influence of CSR on Corporate Law from a German Perspective: Alexander Sc...|25
4|4.4 Analysing the CSR Spending Requirements under Indian Company Law: Umakanth Varottil|26
3|5 Some Concluding Remarks Regarding Corporations´ Wider Responsibilities|28
3|References|29
1|Part II: Corporate Social Responsibility: Conceptual Frameworks and Stakeholders|31
2|Well Governed, Sustainable and Socially Responsible Financial Corporations: Remote or Real Expectations?|32
3|1 Introduction|32
3|2 The Basel Capital Framework|35
3|3 Responsible Lending Standards and Rules|38
3|4 Framework Around Systemically Important Financial Institutions|43
3|5 Conclusion|48
3|References|50
2|The Role of Employee Voice in Promoting Corporate Social Responsibility in China|55
3|1 Introduction|55
3|2 CSR and Employee Voice|56
4|2.1 The Costs of Lacking CSR and Employee Voice|57
4|2.2 Economic Costs and Benefits of CSR|58
4|2.3 Economic Costs and Benefits of Employee Voice|60
4|2.4 Significance to Chinese Businesses|60
4|2.5 Social and Human Costs and Benefits|62
3|3 Whistleblowing in China|64
4|3.1 Legal Regulations and Protections|66
4|3.2 Whistleblowing in Practice|68
3|4 Worker Voice in the Chinese System|69
4|4.1 The Political Connection|69
3|5 Increasing CSR and Employee Voice in China|71
3|6 Conclusion|72
3|References|73
2|Responsibility and the Modern Corporation|80
3|1 Introduction|80
3|2 Development of the Modern Corporation|82
3|3 Corporate Responsibility|83
3|4 Corporate Architecture, Responsibility and the Political Economy of Stabilisations of the SLE|86
3|5 Discussion and Conclusions|88
3|References|91
1|Part III: Board Structure and Accountability|96
2|Corporate Social Responsibility and the Corporate Board: Assessing the Indian Experiment|97
3|1 Introduction|97
3|2 CSR: Definitions, Rationales, and the Role of the Board|99
4|2.1 What Is CSR?|99
4|2.2 The Rationales for CSR|101
4|2.3 The Role of the Board in CSR|103
3|3 India´s CSR Reforms: Corporate Governance as a Vehicle for CSR|106
4|3.1 Development of CSR as a Corporate Governance Concern|106
4|3.2 The CSR Requirements of the Companies Act: Placing the Board at the Epicentre|108
3|4 Analysis of CSR as a Corporate Governance Model|110
4|4.1 Which Vision of CSR?|111
4|4.2 Promoter Dominance and CSR|113
3|5 Improving the Indian Board´s CSR Function|114
4|5.1 Enhancing Disclosure|114
4|5.2 The Board´s Role in Integrating CSR into Governance|115
3|6 Conclusion|116
3|References|117
2|Regulation of Corporate Social Responsibility Through the Lens of Board Accountability and the Case of China|122
3|1 Introduction|122
3|2 Definition, Characteristics and Criticisms of CSR|125
3|3 The Notion of Board Accountability and the Wenze System|129
3|4 Scope and Goals of CSR and Board Accountability, and the Notion of Corporate Social Accountability (CSA)|133
3|5 CSR in China and the Gongsi Shehui Wenze Zhi|139
3|6 Conclusion|145
3|References|147
1|Part IV: Corporate Social Responsibility Legislation and Implementation: Evidence and Experience|155
2|Corporate Social Responsibility in European Union Law: Foundations, Developments, Enforcement|156
3|1 Introduction|156
3|2 Foundations|157
4|2.1 Conceptual Issues|157
4|2.2 Empirical Evidence|158
4|2.3 Legislative History|160
4|2.4 Pluralism Through Employee Voice?|161
3|3 Developments|163
4|3.1 The Rise of CSR|164
4|3.2 Law Making Patterns|165
4|3.3 The CSR Directive of 2014|166
4|3.4 `Comply or Explain´|167
4|3.5 Scenarios of Future Action?|167
3|4 Enforcement|168
4|4.1 Shareholder Enforcement|169
4|4.2 Market Enforcement|170
4|4.3 Third-Party Enforcement?|170
3|5 Summary|171
3|References|171
2|From Transparency to Due Diligence Laws? Variations in Stringency of CSR Regulation in Global Supply Chains in the `Home State...|176
3|1 Introduction|176
3|2 The Global Value Chains Framework and the Shareholder Value Doctrine: Limits for Voluntary CSR|178
3|3 The Governance Gap for CSR in Global Supply Chains and the Turn to the Home State|182
3|4 The Developing Legal Framework of CSR: Different Stages of Regulation|183
3|5 CSR Disclosure Laws: On a Continuum|184
4|5.1 UK Companies Act 2006: The Strategic Report|185
4|5.2 UK Modern Slavery Act 2015: Transparency in Supply Chains Clause|187
4|5.3 Non-financial Information Statement: The UK´s Implementation of the EU Directive on Non-financial Information Disclosure (...|189
4|5.4 US Dodd-Frank: Due Diligence Reporting on Conflict Minerals|191
3|6 The Need for More Stringent Home State Legislation on CSR|192
4|6.1 Example of Imposed Due Diligence: The UK Bribery Act Model|194
3|7 Conclusion|196
3|References|197
2|Soft Law Requirements with Hard Law Effects? The Influence of CSR on Corporate Law from a German Perspective|201
3|1 Introduction|201
3|2 Direct Legal Impact from the Transposition of the CSR Directive|202
4|2.1 Duty to Report (Correctly)|203
4|2.2 Duty to Acquire Relevant Information?|205
4|2.3 Duty to Develop Policies?|206
4|2.4 Duty to Achieve Published Objectives?|207
3|3 Further Impact on Substantive Corporate Law?|208
4|3.1 A Priori Limitation to Non-Regulated Aspects|208
4|3.2 General Concerns Regarding the Creation of New CSR Duties|209
5|3.2.1 Voluntary Nature of CSR|210
5|3.2.2 Sufficiency of Market Mechanisms?|211
5|3.2.3 Lack of Democratic Legitimacy|212
5|3.2.4 Doubts Regarding Legal Certainty: Vagueness and Lack of Uniformity of CSR standards|213
5|3.2.5 Fundamental Rights: Excessive Scope of Possible Duties|214
4|3.3 Possible `Entry Points´ of CSR Obligations into German Corporate and Private Law|214
5|3.3.1 Influence on Corporate Objective|215
5|3.3.2 Influence on Defining the Applicable Standard of Care|217
5|3.3.3 Consideration Under contra bonos mores or Anti-Competitive Behaviour Standards|220
5|3.3.4 Increasing Relevance Due to Practical Prevalence|222
3|4 Conclusion|223
3|References|224
2|Analysing the CSR Spending Requirements Under Indian Company Law|228
3|1 Introduction|228
3|2 CSR in India: Evolution of the Legal Framework|231
4|2.1 Voluntary Efforts|231
4|2.2 Legislative Efforts in Company Law|232
3|3 Evidence of CSR Activities in India|236
4|3.1 Prior to the Companies Act 2013|237
4|3.2 Impact of the Companies Act 2013|238
3|4 CSR Spending and Disclosures, 2014-2016|240
4|4.1 Trends in CSR Spending|240
4|4.2 Trends in Disclosure of Non-Spending|242
3|5 Analysing the Implementation of CSR Spending Requirements|245
3|6 Conclusion|247
3|References|248
1|About the Editors|7
1|Part I: Introductory Overview|9
2|The Significance of Moving Beyond Corporate Social Responsibility (CSR)|10
3|1 Introduction|10
3|2 Part II: Corporate Social Responsibility: Conceptual Frameworks and Stakeholders|11
4|2.1 Well Governed, Sustainable and Socially Responsible Financial Corporations: Remote or Real Expectations?: Gill North|11
4|2.2 The Role of Employee Voice in Promoting Corporate Social Responsibility in China: Cindy A. Schipani, Terry Morehead Dworki...|14
4|2.3 Responsibility and the Modern Corporation: Jeroen Veldman|15
3|3 Part III: Board Structure and Accountability|16
4|3.1 Corporate Social Responsibility and the Corporate Board: Assessing the Indian Experiment: Afra Afsharipour|16
4|3.2 Regulation of Corporate Social Responsibility in the Lens of Board Accountability and the Case of China: Jingchen Zhao|19
3|4 Part IV: Corporate Social Responsibility Legislation and Implementation: Evidence and Experience|21
4|4.1 Corporate Social Responsibility in European Union Law: Foundations, Scenarios of Future Action, and Enforcement Options: P...|21
4|4.2 From Transparency to Due Diligence Laws? Variations in Stringency of CSR Regulation in Global Supply Chains in the `Home S...|23
4|4.3 Soft Law Requirements with Hard Law Effects? The Influence of CSR on Corporate Law from a German Perspective: Alexander Sc...|25
4|4.4 Analysing the CSR Spending Requirements under Indian Company Law: Umakanth Varottil|26
3|5 Some Concluding Remarks Regarding Corporations´ Wider Responsibilities|28
3|References|29
1|Part II: Corporate Social Responsibility: Conceptual Frameworks and Stakeholders|31
2|Well Governed, Sustainable and Socially Responsible Financial Corporations: Remote or Real Expectations?|32
3|1 Introduction|32
3|2 The Basel Capital Framework|35
3|3 Responsible Lending Standards and Rules|38
3|4 Framework Around Systemically Important Financial Institutions|43
3|5 Conclusion|48
3|References|50
2|The Role of Employee Voice in Promoting Corporate Social Responsibility in China|55
3|1 Introduction|55
3|2 CSR and Employee Voice|56
4|2.1 The Costs of Lacking CSR and Employee Voice|57
4|2.2 Economic Costs and Benefits of CSR|58
4|2.3 Economic Costs and Benefits of Employee Voice|60
4|2.4 Significance to Chinese Businesses|60
4|2.5 Social and Human Costs and Benefits|62
3|3 Whistleblowing in China|64
4|3.1 Legal Regulations and Protections|66
4|3.2 Whistleblowing in Practice|68
3|4 Worker Voice in the Chinese System|69
4|4.1 The Political Connection|69
3|5 Increasing CSR and Employee Voice in China|71
3|6 Conclusion|72
3|References|73
2|Responsibility and the Modern Corporation|80
3|1 Introduction|80
3|2 Development of the Modern Corporation|82
3|3 Corporate Responsibility|83
3|4 Corporate Architecture, Responsibility and the Political Economy of Stabilisations of the SLE|86
3|5 Discussion and Conclusions|88
3|References|91
1|Part III: Board Structure and Accountability|96
2|Corporate Social Responsibility and the Corporate Board: Assessing the Indian Experiment|97
3|1 Introduction|97
3|2 CSR: Definitions, Rationales, and the Role of the Board|99
4|2.1 What Is CSR?|99
4|2.2 The Rationales for CSR|101
4|2.3 The Role of the Board in CSR|103
3|3 India´s CSR Reforms: Corporate Governance as a Vehicle for CSR|106
4|3.1 Development of CSR as a Corporate Governance Concern|106
4|3.2 The CSR Requirements of the Companies Act: Placing the Board at the Epicentre|108
3|4 Analysis of CSR as a Corporate Governance Model|110
4|4.1 Which Vision of CSR?|111
4|4.2 Promoter Dominance and CSR|113
3|5 Improving the Indian Board´s CSR Function|114
4|5.1 Enhancing Disclosure|114
4|5.2 The Board´s Role in Integrating CSR into Governance|115
3|6 Conclusion|116
3|References|117
2|Regulation of Corporate Social Responsibility Through the Lens of Board Accountability and the Case of China|122
3|1 Introduction|122
3|2 Definition, Characteristics and Criticisms of CSR|125
3|3 The Notion of Board Accountability and the Wenze System|129
3|4 Scope and Goals of CSR and Board Accountability, and the Notion of Corporate Social Accountability (CSA)|133
3|5 CSR in China and the Gongsi Shehui Wenze Zhi|139
3|6 Conclusion|145
3|References|147
1|Part IV: Corporate Social Responsibility Legislation and Implementation: Evidence and Experience|155
2|Corporate Social Responsibility in European Union Law: Foundations, Developments, Enforcement|156
3|1 Introduction|156
3|2 Foundations|157
4|2.1 Conceptual Issues|157
4|2.2 Empirical Evidence|158
4|2.3 Legislative History|160
4|2.4 Pluralism Through Employee Voice?|161
3|3 Developments|163
4|3.1 The Rise of CSR|164
4|3.2 Law Making Patterns|165
4|3.3 The CSR Directive of 2014|166
4|3.4 `Comply or Explain´|167
4|3.5 Scenarios of Future Action?|167
3|4 Enforcement|168
4|4.1 Shareholder Enforcement|169
4|4.2 Market Enforcement|170
4|4.3 Third-Party Enforcement?|170
3|5 Summary|171
3|References|171
2|From Transparency to Due Diligence Laws? Variations in Stringency of CSR Regulation in Global Supply Chains in the `Home State...|176
3|1 Introduction|176
3|2 The Global Value Chains Framework and the Shareholder Value Doctrine: Limits for Voluntary CSR|178
3|3 The Governance Gap for CSR in Global Supply Chains and the Turn to the Home State|182
3|4 The Developing Legal Framework of CSR: Different Stages of Regulation|183
3|5 CSR Disclosure Laws: On a Continuum|184
4|5.1 UK Companies Act 2006: The Strategic Report|185
4|5.2 UK Modern Slavery Act 2015: Transparency in Supply Chains Clause|187
4|5.3 Non-financial Information Statement: The UK´s Implementation of the EU Directive on Non-financial Information Disclosure (...|189
4|5.4 US Dodd-Frank: Due Diligence Reporting on Conflict Minerals|191
3|6 The Need for More Stringent Home State Legislation on CSR|192
4|6.1 Example of Imposed Due Diligence: The UK Bribery Act Model|194
3|7 Conclusion|196
3|References|197
2|Soft Law Requirements with Hard Law Effects? The Influence of CSR on Corporate Law from a German Perspective|201
3|1 Introduction|201
3|2 Direct Legal Impact from the Transposition of the CSR Directive|202
4|2.1 Duty to Report (Correctly)|203
4|2.2 Duty to Acquire Relevant Information?|205
4|2.3 Duty to Develop Policies?|206
4|2.4 Duty to Achieve Published Objectives?|207
3|3 Further Impact on Substantive Corporate Law?|208
4|3.1 A Priori Limitation to Non-Regulated Aspects|208
4|3.2 General Concerns Regarding the Creation of New CSR Duties|209
5|3.2.1 Voluntary Nature of CSR|210
5|3.2.2 Sufficiency of Market Mechanisms?|211
5|3.2.3 Lack of Democratic Legitimacy|212
5|3.2.4 Doubts Regarding Legal Certainty: Vagueness and Lack of Uniformity of CSR standards|213
5|3.2.5 Fundamental Rights: Excessive Scope of Possible Duties|214
4|3.3 Possible `Entry Points´ of CSR Obligations into German Corporate and Private Law|214
5|3.3.1 Influence on Corporate Objective|215
5|3.3.2 Influence on Defining the Applicable Standard of Care|217
5|3.3.3 Consideration Under contra bonos mores or Anti-Competitive Behaviour Standards|220
5|3.3.4 Increasing Relevance Due to Practical Prevalence|222
3|4 Conclusion|223
3|References|224
2|Analysing the CSR Spending Requirements Under Indian Company Law|228
3|1 Introduction|228
3|2 CSR in India: Evolution of the Legal Framework|231
4|2.1 Voluntary Efforts|231
4|2.2 Legislative Efforts in Company Law|232
3|3 Evidence of CSR Activities in India|236
4|3.1 Prior to the Companies Act 2013|237
4|3.2 Impact of the Companies Act 2013|238
3|4 CSR Spending and Disclosures, 2014-2016|240
4|4.1 Trends in CSR Spending|240
4|4.2 Trends in Disclosure of Non-Spending|242
3|5 Analysing the Implementation of CSR Spending Requirements|245
3|6 Conclusion|247
3|References|248