Social Responsibility Regulation and Its Challenges to Corporate Compliance
Brooklyn Journal of Corporate, Financial & Commercial Law, Vol. 14, No. 1, 2019
14 Pages Posted: 13 Mar 2020 Last revised: 27 Mar 2020
Date Written: February 14, 2020
This Article addresses the intersection of corporate social responsibility and corporate compliance. In this context, the focus of this Article is on regulation that seeks to enhance socially responsible corporate conduct and its implications for the compliance function. Social responsibility regulation raises operational concerns for companies, including problems associated with assessing social performance, the proliferation and fragmentation of legal obligations, and the contested nature of the social issues that it addresses. As laws mandating socially responsible corporate conduct continue to grow in number and expand in scope, corporations will increasingly need to acknowledge and respond to these challenges.
Keywords: Corporate Compliance, Corporate Social Responsibility, Mandatory CSR, Social Disclosure
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