Corporate Social Responsibility Policy in the United States of America

Abstract

This contribution evaluates the United States (U.S.) government’s policies on corporate social responsibility (CSR) and environmentally-sustainable behaviors. It looks at the establishment of particular corporate citizenship procedures and expectations. US entities, including bureaus, agencies and non-governmental organizations (NGOs) have often interpreted their own view on business ethics and stakeholder engagement, within their own regulatory context. This conceptual paper suggests that relevant policies, guidelines and communication on corporate citizenship and their disclosures can change the companies’ attitudes toward CSR, sustainability and corporate governance reporting. It has presented numerous opportunities for businesses to engage in CSR practices in order to create value for themselves and for others. In conclusion, as corporate citizenship and social responsibility policies are widely-understood, accepted and implemented by stakeholders, there will be greater convergence of laudable behaviors. This will ultimately bring positive implications for a sustainable and fair future for all.

Keywords: Corporate Citizenship, Social Responsibility, Environmental Responsibility, Sustainability, Stakeholder Engagement, CSR Policies, USA CSR Policies

JEL Classification: M00, M1, M10, M14, M16