Corporate Social Responsibility, Juridification and Globalization: ‘Inventive Interventionism’ for a ‘Paradox’
Osuji, Onyeka K.
International Journal of Law in Context
Cambridge University Press
This article proposes ‘inventive interventionism’ as a regulatory approach to incorporate substantive outcomes, stakeholder empowerment, effective disclosure and a global multi-stakeholder and multidimensional view of corporate social responsibility (CSR) and social disclosure. Inventive interventionism also applies new paradigms of regulation that recognize CSR as one of the proximate engineers of efficient public governance and ultimate sources of socioeconomic development. The article adopts a transnational and comparative approach to regulatory CSR and situates the voluntary and prescriptive approaches in the wider regulation debate. It draws on reflexive law, responsive regulation, institutional and other theories to demonstrate that existing CSR regulations in several jurisdictions are not representative of the law’s multidimensional and multidirectional nature. Inventive interventionism reflects a functional approach to the law-CSR dialectic relationship and contributes to the development of an analytical framework for CSR and reforming its national and global regulatory environment.
Onyeka Osuji University of Exeter Law Amory Building, Rennes Drive Exeter EX4 4RJ United Kingdom
This is the author's version of an article accepted for publication by Cambridge University Press in International Journal of Law in Context, Volume 11, 2015.
© Cambridge University Press 2015
The definitive version will be available via: http://journals.cambridge.org/action/displayJournal?jid=IJC
Accepted for publication in (2015) 11 International Journal of Law in Context