Public policies for scaling corporate responsibility standards: expanding collaborative governance for sustainable development

Bendell, Jem ORCID logo ORCID: , Miller, Anthony and Wortmann, Katharina (2011) Public policies for scaling corporate responsibility standards: expanding collaborative governance for sustainable development. Sustainability Accounting, Management and Policy Journal, 2 (2). pp. 263-293. Full text not available from this repository.

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Purpose: This paper seeks to provide an overview and context for the emerging field of public policies for scaling voluntary standards, or private regulations, on the social and environmental performance of business and finance, to promote sustainable development; in order to stimulate more innovation and research in this field.

Design/methodology/approach: The paper takes the approach of a literature review of texts from intergovernmental and non‐governmental organisations, to develop a synthesis of issues, before literature review from management studies, development studies and international relations, to revise the synthesis and identify policy relevant future research.

Findings: Governance at all levels but particularly the international level involves corporations and their stakeholders. Together they have created non‐statutory corporate social responsibility (CSR) standards which now influence significant amounts of international trade and investment, thereby presenting new benefits, risks and challenges for sustainable development. Governments around the world are now innovating public policies on these standards, which can be categorised to inform policy development: governments prepare, prefer, promote and prescribe CSR standards. Therefore, a new dimension to collaborative governance is emerging and would benefit from research and technical assistance. As concepts and practices of regulation and governance are moving beyond state versus non‐state, mandatory versus voluntary approaches, so issues about transparency, accountability and democratic participation remain important for any new manifestation of regulation or governance.

Originality/value: By contextualising public policy innovations on CSR standards within new theories of governance, including “private regulation” and “collaborative governance”, the paper helps to clarify a new agenda for policy making and related research.

Item Type: Article
Journal / Publication Title: Sustainability Accounting, Management and Policy Journal
Publisher: Emerald Group Publishing Limited
ISSN: 2040-8021
Departments: Research Centres > Institute for Leadership and Sustainability (IFLAS)
Additional Information: This paper benefited from a research project conducted at the United Nations Conference on Trade and Development in support of the World Investment Report 2011.
Depositing User: Anna Lupton
Date Deposited: 04 Feb 2016 14:46
Last Modified: 12 Jan 2024 09:46
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