Can corporate social responsibility be legislated?

Article Abstract:

US Sen Jeff Bingaman's proposal to increase corporate social responsibility by creating a new class of corporation which would be taxed at the rate of 11% rather than the usual corporate tax rate of 18% as a reward for socially responsible behavior is not an effective way of changing corporate behavior. This is the conclusion of a panel including a union president, business administration professors and the research director of a social investment research firm. The proposal has many disadvantages such as undermining start-up companies and benefiting only those workers who are employed. The free market does the best job of regulating itself.

---

Taking the initiative on stakeholder rights

Article Abstract:

Publicly held corporations must act preemptively to address issues concerning those holding a stake in the company before government regulates an unsatisfactory solution. Corporate stakeholders, including employees and the surrounding community, want governance changes that acknowledge companies' social responsibilities in areas such as employee compensation, health care benefits, worktime flexibility and public community service. Corporations must voluntarily work with stakeholders to resolve these problems before government intrudes.

Management, Planning, Corporate governance, Corporations, Corporate social responsibility

---

Quick feet and nimble minds

Article Abstract:

It is important for people entering the business world to realize the consequences of America's declining manufacturing sector. Today's politicians have not adequately addressed the issue and are instead hastening the loss of American jobs through ill-designed regulation. Globalization will continue to have an adverse effect on US employment unless more opportunities for employment are created by tomorrow's business and public policy leaders.

Manufacturing industry, Manufacturing industries, Political aspects, Speeches, lectures and essays, Davidson, William

Similar abstracts:

• Abstracts: Debate still rages on torts: studies clash on the 'litigation explosion's' myths and realities
• Abstracts: IRS proposes increased availability of nondiscrimination safe harbors. DOL provides reporting requirement relief for "top hat" plans
• Abstracts: Ethics crossfire: two legal titans face off. Conservative fee plans penalize poor clients. Can this marriage be saved?
• Abstracts: Requests for proposals require sound responses to meet clients' needs; a growing number of clients are using RFPs when choosing counsel
• Abstracts: "Index rate" policy illustration introduced. State probate laws regarding insurance proceeds threatened. Welcome to the IQ, a new useful questionnaire

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.