Waseda Institute for Advanced Study (WIAS)Waseda University

News

Waseda Organizational and Financial Economics Seminar: “Regulating Self-Regulation: Understanding regulatory trade-offs around mandatory non-financial disclosure” (May 21)

Waseda Organizational and Financial Economics Seminar:
“Regulating Self-Regulation: Understanding regulatory trade-offs around mandatory non-financial disclosure” (May 21)

講演者 / Speaker

JACKSON, Gregory   (Professor, Freie Universität Berlin)

日 時 / Date & Time

Monday, 21 May 2018, 13:00 – 14:30

会 場 / Venue

Rm. 1112 on the 11th floor, Building #11, Waseda University

主 旨 / Outline

“Regulating Self-Regulation: Understanding regulatory trade-offs around mandatory non-financial disclosure”

The article examines the effects of mandatory non-financial disclosure (NFD) on CSR activities. We conceptualize trade-offs between government regulation and self-regulation in relation to corporate social responsibility (CSR). Whereas pure business self-regulation is associated with high flexibility and freedom for business to develop best practices, problems of complacency may remain if many firms choose not engage with CSR. Meanwhile, state regulation is associated with greater stringency around minimum standards, but may suffer from problems of rigidity where “one size fits all”. Given these potential trade-offs, we ask how mandatory NFD shapes CSR practices and thus answer questions about the effectiveness of this form of governance. Our analysis on 24 OECD countries using the Asset4 database shows that firms in countries with mandatory NFD adopt significantly more CSR activities. However, our analysis also demonstrates a decreases the variance between firm activities, contrary to arguments about flexibility. Furthermore, NFD does not lead to a decline in corporate irresponsibility. These results have implications for our understanding of the effectiveness of CSR regulation and ethical questions to promote more effective forms of CSR and prevention irresponsibility.

プログラム / Schedule

13:00~13:05 Opening Remarks (MIYAJIMA, Hideaki (Director, WIAS / Professor, Waseda University))
13:05~14:05 Presentation
14:05~14:25 Question-and-answer session
14:25~14:30 Concluding Remarks(MIYAJIMA, Hideaki )

対 象 / Prospected Audience

Faculty and staff members of a university, grad students, undergraduates, the general public

主 催 / Organizer

Research Institute of Business Administration,Waseda University
Waseda Institute for Advanced Study,Waseda University

申込み / Registration

Free of charge. Please come to the event venue directly.

Dates
  • 0521

    MON
    2018

Place

Rm. 1112 on the 11th floor, Building #11, Waseda University

Tags
Page Top
WASEDA University

Sorry!
The Waseda University official website
<<https://www.waseda.jp/inst/wias/en/>> doesn't support your system.

Please update to the newest version of your browser and try again.

Continue

Suporrted Browser

Close