The global economic recession from which we are just emerging, much as previous recessions, has highlighted failures in governance and failures in regulation. Indeed some have argued that the regulators are more guilty even than the perpetrators and should be sanctioned accordingly. There is of...

This paper puts together the pieces of the puzzle of the ongoing regulatory competition debate on corporate law in the US. At early stages of this process Delaware conquered the leader’s place replacing Jersey, and forever locked-in there through peculiar manners. The States take as granted...

Since at least the famous Berle-Dodds debate, corporate social responsibility (CSR) and later its more muscular and structural iteration, progressive corporate law, have been discussed without much progress. The authors consider whether the social enterprise movement, which envisions a new...

The paper studies the relationship between social capital (SC) and Corporate Social Responsibility (CSR) by investigating the idea of a virtuous circle between the level of SC and the implementation of CSR standard of behaviour that favours the creation of cooperative networks between the firm...

This is the first part of a comprehensive essay on the Rawlsian view of corporate social responsibility (in short CSR). CSR is defined as a multi-stakeholder model of corporate governance and objective function based on the extension of fiduciary duties toward all the firm’s stakeholders. A...

In September 2009 General Motors' board of directors announces it would sell the majority of its European subsidiary Opel to a group led by Magna International Inc. But two months later it decides to keep Opel, upsetting German officials and workers and harming its reputation in Germany. Why did...

Agents are either guided directly by the elicited or communicated preferences of their principals, including both the conditions or states that their principals value and the particular actions the principals prefer that agents use to realize those states (goal priority), or can research clues...

In this article we examine the rapid emergence and expansion of a private-sector compliance and enforcement infrastructure that we believe may increasingly be providing a substitute for public and legal regulatory infrastructure in global commerce, especially in developing countries where rule...

Recent insights from the 'embodied cognition' perspective in cognitive science, supported by neural research, provide a basis for a 'methodological interactionism' that transcends both the methodological individualism of economics and the methodological collectivism of (some) sociology, and is...

The importance of CSR has recently increased in all economic sectors. Particularly in the retail sector, large international retailers are investing heavily to cope with the ethical demands of consumers and increase their own awareness of CSR issues. Key international retailers have begun to...