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Regulating Corporate Social Responsibility (CSR) for Economic and Social Development Through Trade Rules

Author

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  • Michèle Rioux

    (Michèle Rioux is full professor at the Department of Political Science at Université du Québec à Montréal and Directior of the Center for Research on Integration and Globalization (Montréal, Québec, Canada).)

  • Christine Vaillancourt

    (Christian Vaillancourt is a researcher at the Center for Research on Integration and Globalization (www.ceim.uqam.ca).)

Abstract

Multinationals affirm corporate social responsibility (CSR) is a way to go further than national and international law to build a social compact. While CSR can contribute to an effective global labor governance scheme, we argue that national and international laws must be engaged to regulate CSR private governance schemes. We will support this argument and, furthermore, we will argue that international trade agreements can provide, if effectively enforced, grounds for the articulation. It can be argued that hybrid governance schemes could ensure that result-oriented and pragmatic developmental processes are at the core of the CSR–development nexus. In this article, we argue for the need to socialize CSR to make it more efficient, and that trade agreements can be part of this process. CSR is not an autonomous regulatory trajectory, and it will probably become increasingly regulated through institutional means.

Suggested Citation

  • Michèle Rioux & Christine Vaillancourt, 2020. "Regulating Corporate Social Responsibility (CSR) for Economic and Social Development Through Trade Rules," Journal of Developing Societies, , vol. 36(3), pages 335-352, September.
    • Handle: RePEc:sae:jodeso:v:36:y:2020:i:3:p:335-352
    DOI: 10.1177/0169796X20924576
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    References listed on IDEAS

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    1. Javed Siddiqui & Shahzad Uddin, 2016. "Human rights disasters, corporate accountability and the state," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 29(4), pages 679-704, May.
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    Cited by:

    1. Paul Alexander Haslam, 2020. "States and Firms Co-producing Corporate Social Responsibility (CSR) in the Developing World," Journal of Developing Societies, , vol. 36(3), pages 270-289, September.
    2. Kelly Pike, 2020. "Dialogue and Coordination: How Hybrid Models Can Strengthen Labor Standards Enforcement," Journal of Developing Societies, , vol. 36(3), pages 312-334, September.

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