The European regulation of corporate social responsibility: The role of beneficiaries' intermediaries

Autor: David Monciardini, Guido Conaldi
Rok vydání: 2019
Předmět:
Zdroj: Regulation & Governance. 13:240-259
ISSN: 1748-5991
1748-5983
DOI: 10.1111/rego.12248
Popis: Intended beneficiaries have an undeniable relevance to regulation. However, current research has focused mainly on the twoparty relationship between rulemaking and rule-taking. We attempt to fill this gap by exploring the formal and informal roles that beneficiaries’ intermediaries played in co-creating European Corporate Social Responsibility (CSR) rules and associated practices between 2000 and 2017. By linking recent conceptualizations of regulatory intermediaries with the literature on critical political CSR, we offer a more dynamic and contextualized understanding of the roles of beneficiaries’ intermediaries. Specifically, we identify six micro-dynamics through which they influenced the regulatory process. Notably, our findings highlight how the convergence of interests between three groups of beneficiaries’ intermediaries – the Non-governmental organization–Investor–Union nexus – had a key role in reshaping CSR rules. We conclude that, in the European context, stronger and better-coordinated beneficiaries’ intermediaries are crucial in order to achieve more effective corporate conduct regulation.
Databáze: OpenAIRE
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