Corporate Social Responsibility is at the forefront of “bigger, better, brighter” business. Many companies have voluntarily adopted policies that make them more appealing to the eco-friendly and socially responsible consumer, but for the most part these efforts are left largely uncoordinated across the varying fields of business.
An event hosted by the Brookings Institute discussed topics relating CSR to government policy and what the link between the two should potentially be. The question that this brings to mind is: should the government have regulation over CSR practices? If the government does gain control of these policies will the “good natured” connotation behind a company practicing social responsibility change? How could government regulation affect business? The event summary and transcript from the event can be found here. Seeing the growth of CSR in the recent years, what do you see for its future (with or without government regulation)?
