Normative Regulation of Corporate Social Responsibility
Abstract
In the article, Corporate Social Responsibility (CSR) is considered as a system of relations on business meeting of legally fixed obligations and taking additional obligations to stakeholders. The normative regulators (i.e. the state legal acts, international organizations standards, branch and company documents) stipulate the changes in such relations and also reflect these changes. The main attention is paid to the inter-level analysis of such regulators: particularities of regulators of each level (international, state, corporate and firm’s ones) are shown, and their correlations are revealed. The normative bases of the CSR regulation are the perspective direction of the analysis within the framework of modern theory of the firm.
Keywords:
Corporate Social Responsibility (CSR), Normative Regulators, Normative Documents, Obligations, Levels of normative development
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Articles of the St Petersburg University Journal of Economic Studies are open access distributed under the terms of the License Agreement with Saint Petersburg State University, which permits to the authors unrestricted distribution and self-archiving free of charge.