eCite Digital Repository

Corporate social responsibilities: alternative perspectives about the need to legislate


Deegan, C and Shelly, M, Corporate social responsibilities: alternative perspectives about the need to legislate, Journal of Business Ethics, 121 pp. 499-526. ISSN 0167-4544 (2014) [Refereed Article]

Copyright Statement

Copyright 2013 Springer Science+Business Media Dordrecht

DOI: doi:10.1007/s10551-013-1730-2


This research involves a review of the submissions to a 2005/06 Australian Government Inquiry into Corporate Social Responsibility. The Inquiry was established to investigate whether corporate social responsibilities and accountabilities should be regulated, or left to be determined by market forces. Our results show that the business community overwhelming favour an anti-regulation approach whereby corporations should be left with the flexibility to determine their social responsibilities and associated accountabilities and ‘enlightened self-interest’ should be retained as the guiding mechanism for social responsibility initiatives. In stark contrast, the submissions from social and environmental organisations and individuals provided counter-arguments in favour of a pro-regulation view. Ultimately Government embraced the ‘free market perspective’ promoted by the business community and decided against the introduction of national legislation pertaining to corporate social responsibilities.

Item Details

Item Type:Refereed Article
Keywords:corporate social responsibility, government inquiry, regulation, enlightened self-interest, free market perspective
Research Division:Commerce, Management, Tourism and Services
Research Group:Accounting, auditing and accountability
Research Field:Accounting theory and standards
Objective Division:Expanding Knowledge
Objective Group:Expanding knowledge
Objective Field:Expanding knowledge in commerce, management, tourism and services
UTAS Author:Deegan, C (Mr Craig Deegan)
ID Code:138421
Year Published:2014
Web of Science® Times Cited:27
Deposited By:Accounting
Deposited On:2020-04-07
Last Modified:2020-08-10

Repository Staff Only: item control page