Adoption of corporate social responsibility codes by multinational companies

Levis, Julien
February 2006
Journal of Asian Economics;Feb2006, Vol. 17 Issue 1, p50
Academic Journal
Abstract: Multinational companies (MNCs) increasingly publicize their commitment to Corporate Social Responsibility (CSR) and advertise their Codes of conduct. These CSR Codes are the result of genuine corporate intent as well as external pressure. We underline the risks of corporate self-regulation for shareholders as well as stakeholders. In a competitive environment, MNCs� managers have no incentive to adopt codes that truly limit corporate externalities. Regulation by public authorities or at the industry level provides better safeguards than regulation by the individual company itself.


Related Articles

  • CSR in Electrification of Rural Africa. Egels, Niklas // Journal of Corporate Citizenship;Summer2005, Issue 18, p75 

    Multinational corporations (MNCs) are beginning to explore low-income markets in Africa in search of legitimacy and growth opportunities. This paper examines the CSR (corporate social responsibility) aspects of this trend by analysing: (a) how the processes of defining CSR develop when MNCs...

  • Global Code of Conduct Drafting Strategy. Dowling Jr., Donald C. // International Law News;Spring2010, Vol. 39 Issue 1, p20 

    The article discusses the significance of global code of conduct, a cornerstone of any corporate social responsibility (CSR) strategy of multinational enterprises. It states that global codes of conduct vary substantially in purpose and content for they have to decide what type of conduct is...

  • Inverting the Pyramid of Values? Trends in Less-Developed Countries. Halter, Maria; Arruda, Maria // Journal of Business Ethics;Dec2009 Supplement 3, Vol. 90, p267 

    The authors discuss the consistency of transnational companies in their home, as well as in less developed host countries, concerning ethics, values and social responsibility. Ethical behavior offers good reputation, credibility and tradition to the corporation. It leads to corporate social,...

  • Glass Houses? Market Reactions to Firms Joining the UN Global Compact. Janney, Jay; Dess, Greg; Forlani, Victor // Journal of Business Ethics;Dec2009, Vol. 90 Issue 3, p407 

    We examine market reactions to publicly held multinational firms announcing their affiliation with the United Nations Global Compact (UNGC). The UNGC is a voluntary initiative to support four areas of United Nations viz. Human Rights, Labor, Environmental, and Anti-Corruption. Because firms must...

  • Global Corporate social responsibilities management in MNCs.  // Journal of Business Strategies;Spring2006, Vol. 23 Issue 1, p2 

    The management of global corporate social responsibilities (CSR) in MNCs is less understood. This paper presents an analysis of CSR management in the global operations of two MNCs of British origin, and drawn from diverse sectors. The paper presents in-depth empirical analysis of CSR practices...

  • Business Codes of Multinational Firms: What Do They Say? Kaptein, Muel // Journal of Business Ethics;Mar2004 Part 1, Vol. 50 Issue 1, p13 

    Business codes are an oft-cited management instrument. But how common are codes among multinationals? And what is their content? In an unprecedented study, the codes of the largest corporations in the world have been collected and thoroughly analyzed. This paper presents the results of that...

  • Adequacy of International Codes of Behavior. Behrman, Jack N. // Journal of Business Ethics;May2001 Part 1, Vol. 31 Issue 1, p51 

    International codes of corporate behavior have been proposed, discussed, negotiated, and promulgated by governments, transnational corporations, and inter-corporate associations over the past few decades. It is not clear that they have been resoundingly as successful in changing corporate...

  • Child Labor and Multinational Conduct: A Comparison of International Business and Stakeholder Codes. Kolk, Ans; van Tulder, Rob // Journal of Business Ethics;Mar2002 Part 3, Vol. 36 Issue 3, p291 

    Increasing attention to the issue of child labor has been reflected in codes of conduct that emerged in the past decade in particular. This paper examines the way in which multinationals, business associations, governmental and non-governmental organizations deal with child labor in their codes....

  • BUSINESS ETHICS, CORPORATE SOCIAL RESPONSIBILITY AND MUL TINATIONAL COMPANIES. Çaliskan, Esra Nemli // Journal of Faculty of Political Science;Oct2010, Vol. 43, p41 

    In the world of business in the twenty-first century, products, capital, and personnel are becoming intertwined, as business entities increasingly consider their market areas as being global rather than simply domestic or even foreign. More and more companies, some of which have annual sales...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics