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Corporations now face greater scrutiny regarding their environmental, social, and economic activities. Accounting firms and consultancies use increasingly sophisticated tools to verify corporate undertakings. Socially responsible investment funds screen corporate performance, and failure to perform even affects share price. By ignoring the legal context or viewing, CSR measures as merely voluntary, a corporation can expose itself to clear financial and legal liability.
Corporate Social Responsibility - A Legal Analysis is the first comprehensive legal text on global CSR. It examines the hard and soft laws that ground CSR to show that responsible corporate behaviour has become a matter of important legal concern for virtually every corporation.
The authors address these issues with common-law examples from Canada, the United States, the United Kingdom, and Australia, as well as European Union law and developments in Asia, Africa, and Latin America. Their analysis compares how national laws, international treaties, and voluntary initiatives differently reflect the seven CSR principles they have identified - principles of critical importance to corporations operating in multiple jurisdictions.