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Legal Regulation of CSR in Weak Economies: The Case of Bangladesh

  • Mia Mahmudur Rahim
Chapter
Part of the CSR, Sustainability, Ethics & Governance book series (CSEG)

Abstract

The aim of this chapter is to assess the extent to which laws relating to CSR in Bangladesh might contribute to including CSR as a central theme in self-regulated corporate responsibility. It explains why the major Bangladeshi laws relating to corporate regulation and responsibility do not possess the required features necessary to compel corporate self-regulators to contribute to developing a socially responsible corporate culture in this country. It argues that development of a socially responsible corporate culture in Bangladesh should not rely on either corporate self-regulation or authoritative modes of regulation. Rather, this should be based on a combination of force majeure and economic incentive-based legal strategies, as long as civil society, the media, NGOs, and the consumers of Bangladesh are able to systematically monitor corporate self-regulation.

Keywords

Corporate Social Responsibility Corporate Governance Social Compliance Corporate Social Responsibility Initiative Corporate Social Responsibility Practice 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin Heidelberg 2013

Authors and Affiliations

  • Mia Mahmudur Rahim
    • 1
  1. 1.School of AccountancyQueensland University of TechnologyBrisbaneAustralia

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