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- Title
Legal Regulation of Corporate Social Responsibility: Evidence from Bangladesh.
- Authors
Mahmudur Rahim, Mia
- Abstract
The business corporations' internal strategies in weak economies merely respond to the public policy goals for social development. The role of corporate self-regulation in Bangladesh is not an exception. The extent to which legal regulations related to the corporate social responsibility (CSR) of Bangladesh could contribute to including CSR notions at the core of self-regulated corporate responsibility is the focus of this paper. It explains that the major Bangladeshi laws related to corporate regulation and responsibility do not possess recurrent features to compel corporate self-regulators to contribute to developing a socially responsible corporate culture in Bangladesh. It suggests that, instead of relying on the prescriptive mode of regulation, Bangladesh could develop more business-friendly but strategic legal regulations.
- Subjects
BANGLADESH; SOCIAL responsibility of business -- Law &; legislation; CORPORATION law; CORPORATIONS; BUSINESS ethics; SELF-regulation of industries; SOCIAL history
- Publication
Common Law World Review, 2012, Vol 41, Issue 2, p97
- ISSN
1473-7795
- Publication type
Article
- DOI
10.1350/clwr.2012.41.2.0233