Corporate Responsibility

Activists are often unhappy with the laws governing business behavior and with their enforcement. One strategy they use to alter the behavior of corporations is to target not the laws but the corporations, hoping that they will change without being...

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Bibliographic Details
Main Author: World Bank
Format: Viewpoint
Language:English
Published: Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2004/05/4971605/corporate-responsibility
http://hdl.handle.net/10986/11270
id okr-10986-11270
recordtype oai_dc
spelling okr-10986-112702021-04-23T14:02:54Z Corporate Responsibility World Bank CARTELS CLIMATE CHANGE COMPANY CORPORATE RESPONSIBILITY CORPORATION CORPORATIONS DEREGULATION ECONOMICS ENVIRONMENTAL ISSUES FIRMS INTERMEDIATE GOODS INTERNATIONAL STANDARDS MULTINATIONAL COMPANIES OIL PRIVATE SECTOR PRODUCERS SANCTIONS SUPPLIERS CORPORATE ACCOUNTABILITY BUSINESS CAPACITY STANDARD PERFORMANCE SOCIAL ISSUES ECONOMIC ISSUES POLITICAL ISSUES ENVIRONMENTAL ISSUES RULES & REGULATIONS JUDICIAL SYSTEMS HUMAN RIGHTS LOCAL COMMUNITIES ETHICAL NORMS MONITORING Activists are often unhappy with the laws governing business behavior and with their enforcement. One strategy they use to alter the behavior of corporations is to target not the laws but the corporations, hoping that they will change without being legally obliged to. Sometimes firms do, because they would rather incur the costs of behaving better today than the costs of being shamed later. But how does this reputational mechanism work? Will it achieve the right standards? Which companies will it affect? And are there good reasons to prefer it to alternative ways of setting standards? 2012-08-13T14:37:05Z 2012-08-13T14:37:05Z 2004-05 http://documents.worldbank.org/curated/en/2004/05/4971605/corporate-responsibility http://hdl.handle.net/10986/11270 English Viewpoint: Public Policy for the Private Sector; Note No. 271 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Publications & Research :: Viewpoint Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic CARTELS
CLIMATE CHANGE
COMPANY
CORPORATE RESPONSIBILITY
CORPORATION
CORPORATIONS
DEREGULATION
ECONOMICS
ENVIRONMENTAL ISSUES
FIRMS
INTERMEDIATE GOODS
INTERNATIONAL STANDARDS
MULTINATIONAL COMPANIES
OIL
PRIVATE SECTOR
PRODUCERS
SANCTIONS
SUPPLIERS CORPORATE ACCOUNTABILITY
BUSINESS CAPACITY
STANDARD PERFORMANCE
SOCIAL ISSUES
ECONOMIC ISSUES
POLITICAL ISSUES
ENVIRONMENTAL ISSUES
RULES & REGULATIONS
JUDICIAL SYSTEMS
HUMAN RIGHTS
LOCAL COMMUNITIES
ETHICAL NORMS
MONITORING
spellingShingle CARTELS
CLIMATE CHANGE
COMPANY
CORPORATE RESPONSIBILITY
CORPORATION
CORPORATIONS
DEREGULATION
ECONOMICS
ENVIRONMENTAL ISSUES
FIRMS
INTERMEDIATE GOODS
INTERNATIONAL STANDARDS
MULTINATIONAL COMPANIES
OIL
PRIVATE SECTOR
PRODUCERS
SANCTIONS
SUPPLIERS CORPORATE ACCOUNTABILITY
BUSINESS CAPACITY
STANDARD PERFORMANCE
SOCIAL ISSUES
ECONOMIC ISSUES
POLITICAL ISSUES
ENVIRONMENTAL ISSUES
RULES & REGULATIONS
JUDICIAL SYSTEMS
HUMAN RIGHTS
LOCAL COMMUNITIES
ETHICAL NORMS
MONITORING
World Bank
Corporate Responsibility
relation Viewpoint: Public Policy for the Private Sector; Note No. 271
description Activists are often unhappy with the laws governing business behavior and with their enforcement. One strategy they use to alter the behavior of corporations is to target not the laws but the corporations, hoping that they will change without being legally obliged to. Sometimes firms do, because they would rather incur the costs of behaving better today than the costs of being shamed later. But how does this reputational mechanism work? Will it achieve the right standards? Which companies will it affect? And are there good reasons to prefer it to alternative ways of setting standards?
format Publications & Research :: Viewpoint
author World Bank
author_facet World Bank
author_sort World Bank
title Corporate Responsibility
title_short Corporate Responsibility
title_full Corporate Responsibility
title_fullStr Corporate Responsibility
title_full_unstemmed Corporate Responsibility
title_sort corporate responsibility
publisher Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2004/05/4971605/corporate-responsibility
http://hdl.handle.net/10986/11270
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