Law, Business Strategy, And Social Change In The Global Environment

International Journal of Management & Information Systems, 19(4), 123-128.

6 Pages Posted: 3 Aug 2020

See all articles by Evan A. Peterson

Evan A. Peterson

College of Business Administration, University of Detroit Mercy

Carletta Griffin

affiliation not provided to SSRN

Gregory W Ulferts

affiliation not provided to SSRN

Date Written: July 6, 2020

Abstract

In this article, we examine the dynamic relationship between law, economics, and sustainability. Increased legal regulation is not a sufficient condition for the mitigation of economic and social crises. Corporations are not legally required to respect global social and human rights under international law. In addition, select legal regulations increase social harm through the preservation of corporate financial interests. Laws that attempt to protect social rights at the expense of corporate interests can provoke hostile reactions from the business community. However, recent trends and examples from within the pharmaceutical and information industries suggest a new era of global corporate citizenship where socially responsible organizations achieve profit through pursuing ethical goals.

Suggested Citation

Peterson, Evan and Griffin, Carletta and Ulferts, Gregory W, Law, Business Strategy, And Social Change In The Global Environment (July 6, 2020). International Journal of Management & Information Systems, 19(4), 123-128., Available at SSRN: https://ssrn.com/abstract=3644392

Evan Peterson (Contact Author)

College of Business Administration, University of Detroit Mercy ( email )

4001 W. McNichols Road
Detroit, MI 48219-0900
United States

Carletta Griffin

affiliation not provided to SSRN

Gregory W Ulferts

affiliation not provided to SSRN

No Address Available

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
29
Abstract Views
239
PlumX Metrics