Chapter

Social Responsibility within the Current Legal Fabric

J. E. Parkinson

in Corporate Power and Responsibility

Published in print April 1995 | ISBN: 9780198259893
Published online March 2012 | e-ISBN: 9780191682018 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780198259893.003.0025

Series: Clarendon Paperbacks

Social Responsibility within the Current Legal Fabric

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This chapter elucidates what the concept of corporate social responsibility entails, explores the extent to which company law is currently a barrier to profit-sacrificing behaviour, and addresses whether profit-sacrificing responsibility is actually practised within the existing legal fabric. It begins by presenting some preliminary observations about social responsibility and the separation of ownership and control. It also sets out a formal analysis of possible modes of corporate social involvement. It then examines the current legal position. Finally, the current forms of corporate activity in the social sphere are described.

Keywords: social responsibility; legal fabric; company law; ownership; control

Chapter.  23112 words. 

Subjects: Company and Commercial Law

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