Corporate Community Involvement: a case for regulatory reform
Hamil, Sean (1999) Corporate Community Involvement: a case for regulatory reform. Business Ethics: A European Review 8 (1), pp. 14-25. ISSN 0962-8770.
Abstract
The central thesis of this paper is that Corporate Community Involvement (CCI) is not a neutral activity with positive and mutual benefits for all involved. Rather, it is a much more complex activity which may also have negative impacts. Using Donaldson and Preston’s (1995) explanatory model of the stakeholding concept as a framework, this paper explores: (1) the practice of CCI in the UK (with some reference to US experience from which UK firms have drawn extensively), (2) the grounds on which it is justified, and (3) the material consequences of such activity for corporate governance. It concludes by arguing that there is a case for a review of the law on CCI to assess the need for fuller public disclosure so as to allow shareholders and other interested groups the opportunity to assess the impact and effectiveness of CCI more thoroughly.
Metadata
Item Type: | Article |
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School: | Birkbeck Faculties and Schools > Faculty of Business and Law > Birkbeck Business School |
Research Centres and Institutes: | Birkbeck Sport Business Centre |
Depositing User: | Administrator |
Date Deposited: | 01 Oct 2019 14:03 |
Last Modified: | 02 Aug 2023 17:54 |
URI: | https://eprints.bbk.ac.uk/id/eprint/29213 |
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