Legal regulation of corporate social responsibility : evidence from Bangladesh

Rahim, Mia Mahmudur (2012) Legal regulation of corporate social responsibility : evidence from Bangladesh. Common Law World Review, 41(2), pp. 97-133.

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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.

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ID Code: 59614
Item Type: Journal Article
Refereed: Yes
Keywords: Bangladesh, Corporate attitude, Corporate self-regulation, Corporate social responsibility, Legal regulation
DOI: 10.1350/clwr.2012.41.2.0233
ISSN: 1473-7795
Subjects: Australian and New Zealand Standard Research Classification > LAW AND LEGAL STUDIES (180000)
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Accountancy
Copyright Owner: Copyright 2012 Vathek Publishing
Deposited On: 03 May 2013 02:41
Last Modified: 01 Nov 2014 01:39

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