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Item Details
Title: PUBLIC ROLE FOR THE PRIVATE SECTOR
INDUSTRY SELF-REGULATION IN A GLOBAL ECONOMY
By: Virginia Haufler
Format: Paperback

List price: £13.95


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ISBN 10: 0870031767
ISBN 13: 9780870031762
Publisher: BROOKINGS INSTITUTION
Pub. date: 1 July, 2001
Pages: 160
Description: Increasing economic competition combined with the powerful threat of transnational activism are pushing firms to develop new political strategies. Over the past decade a growing number of corporations have adopted policies of industry self-regulation -corporate codes of conduct, social and environmental standards, and auditing and monitoring systems.
Synopsis: Increasing economic competition combined with the powerful threat of transnational activism are pushing firms to develop new political strategies. Over the past decade a growing number of corporations have adopted policies of industry self-regulation -corporate codes of conduct, social and environmental standards, and auditing and monitoring systems. A Public Role for the Private Sector explores the phenomenon of industry self-regulation through three different cases -environment, labor, and information privacy -where corporate leaders appear to be converging on industry self-regulation as the appropriate response to competing pressures. Political and economic risks, reputational effects, and learning within the business community all influence the adoption of a self-regulatory strategy, but there are wide variations in the strength and character of it across industries and issue areas. Industry self-regulation raises significant questions about the place of the private sector in regulation and governance, and the accountability, legitimacy and power of industry at a time of rapid globalization.
Publication: US
Imprint: Carnegie Endowment for International Peace
Returns: Returnable
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