Browse Hierarchy LAW7016: Corporate Governance and Corporate Social Responsibility

Corporations largely adopt corporate social responsibility voluntarily. In a globalised world, most businesses are conducted transnationally which meant that the effective regulation of good business practices, the preservation of CSR and good corporate governance are met with difficulties. This module advances the idea that corporate social responsibility and good corporate governance of business practices can be achieved effectively through a joint activity. The role of key participants acting together such as corporations, their shareholders, their directors, their stakeholders (e.g. employees), host States and their regulating bodies, their partners, NGOs and international organisations is significant. This module aims to explore the legal mechanisms (such as regulations) as well as the non-legal mechanisms (such as incentivising factors) that ensure participants working together to achieve CSR and good corporate governance. Students are encouraged to explore both these mechanisms and they are invited to identify the legal issue of their choice, formulate and suggest a suitable legal framework that would invoke legally binding obligations for the performance of CSR, good corporate governance and good business practice.