Publication Type

Journal Article

Publication Date

1-2013

Abstract

This article explores corporate social responsibility ("CSR') as a viable mode of regulation and governance in the corporate arena. A starting premise is that good corporate governance must move resolutely beyond a compliance mindset to one which recognises that effective corporate governance must have an ethical backbone in which the dimensions of responsibility, transparency, and accountability are evident, recognised and supported. Regulatory endeavours and corporate governance reforms in the past decade have increasingly intersected with mainstream CSR motivations. CSR is increasingly inducted and mainstreamed into corporate governance thinking, characterised by the dual perspective ofrisk management and values-driven/principled governance and operations. Ultimately, good governance must embrace and integrate values rather than just rules. As a standard setter, values-driven CSR recognises and urges companies to be mindful of their activities and impact on stakeholders and the wider operating environment. These impulses should be harnessed to complement and sharpen corporate governance.

Discipline

Asian Studies | Business Law, Public Responsibility, and Ethics | Law and Society

Publication

Singapore Law Review

Volume

31

Issue

1

First Page

227

Last Page

252

ISSN

0080-9691

Publisher

National University of Singapore Faculty of Law

Creative Commons License

Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.

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