Enlightenment or Resistance? Promoting Sustainability Through Corporate Law and Governance in Mauritius

In Beate Sjåfjell and Christopher M. Bruner (eds), Cambridge Handbook of Corporate Law, Corporate Governance and Sustainability (Cambridge University Press, Forthcoming).

University of Oslo Faculty of Law Research Paper No. 2019-32

Posted: 8 May 2019

See all articles by Renginee G Pillay

Renginee G Pillay

Independent; Sorbonne-Assas International Law School

Teerooven Soobaroyen

University of Essex - Essex Business School

Jyoti Devi (Brinda) Mahadeo

University of Tasmania

Neeveditah Pariag

University of Mauritius

Date Written: May 6, 2019

Abstract

Despite various international initiatives and soft/hard law reforms over the last two decades, concerns abound as the extent to which the sustainability agenda has become embedded in emerging economies. This chapter focuses on Mauritius, specifically the emergence of a sustainability discourse as part of corporate governance reforms, the enactment of a national sustainable development agenda, and the implementation of the first corporate social responsibility legislation in the world, requiring companies to finance related projects. Our empirical analysis, primarily focused on corporate settings, and informed by the country’s socio-economic and political contexts, reveals wide variation in corporate engagement and the advent of a form of state control over the execution of projects. Overall, our implications seek to identify lessons for other emerging economies, particularly in terms of state-level attempts to mandate corporate social responsibility.

Keywords: legislated CSR, emerging economies, national sustainable development agenda

Suggested Citation

Pillay, Renginee G and Soobaroyen, Teerooven and Mahadeo, Jyoti Devi and Pariag, Neeveditah, Enlightenment or Resistance? Promoting Sustainability Through Corporate Law and Governance in Mauritius (May 6, 2019). In Beate Sjåfjell and Christopher M. Bruner (eds), Cambridge Handbook of Corporate Law, Corporate Governance and Sustainability (Cambridge University Press, Forthcoming). ; University of Oslo Faculty of Law Research Paper No. 2019-32. Available at SSRN: https://ssrn.com/abstract=3383498

Renginee G Pillay (Contact Author)

Independent ( email )

No Address Available

Sorbonne-Assas International Law School ( email )

Mauritius

Teerooven Soobaroyen

University of Essex - Essex Business School ( email )

Wivenhoe Park
Colchester, CO4 3SQ
United Kingdom
01206874015 (Phone)
01206874015 (Fax)

Jyoti Devi Mahadeo

University of Tasmania ( email )

French Street
Sandy Bay
Tasmania, 7250
Australia

Neeveditah Pariag

University of Mauritius ( email )

Reduit, 80837
Mauritius

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