Corporate Responsibility

World Bank

Washington, DC

关键词: CARTELS;    CLIMATE CHANGE;    COMPANY;    CORPORATE RESPONSIBILITY;    CORPORATION;   

RP-ID  :  29722

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Activists are often unhappy with thelaws governing business behavior and with their enforcement.One strategy they use to alter the behavior of corporationsis to target not the laws but the corporations, hoping thatthey will change without being legally obliged to. Sometimesfirms do, because they would rather incur the costs ofbehaving better today than the costs of being shamed later.But how does this reputational mechanism work? Will itachieve the right standards? Which companies will it affect?And are there good reasons to prefer it to alternative waysof setting standards?