Public Role for the Private Sector: Industry Self-Regulation in a Global Economy

Author:   Virginia Haufler
Publisher:   Brookings Institution
ISBN:  

9780870031762


Pages:   160
Publication Date:   30 August 2001
Format:   Paperback
Availability:   Out of stock   Availability explained
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Public Role for the Private Sector: Industry Self-Regulation in a Global Economy


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Overview

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.

Full Product Details

Author:   Virginia Haufler
Publisher:   Brookings Institution
Imprint:   Carnegie Endowment for International Peace
Dimensions:   Width: 22.80cm , Height: 0.50cm , Length: 15.20cm
Weight:   0.014kg
ISBN:  

9780870031762


ISBN 10:   0870031767
Pages:   160
Publication Date:   30 August 2001
Audience:   College/higher education ,  Professional and scholarly ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Paperback
Publisher's Status:   Active
Availability:   Out of stock   Availability explained
The supplier is temporarily out of stock of this item. It will be ordered for you on backorder and shipped when it becomes available.

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Reviews

Anyone seeking to become better-informed about the changing role of business in the modern world should read this book. --Debora L. Spar, Harvard Business School Breaks new ground in explaining the nature of industry self-regulation in today's globalizing economy. The rich case material makes this book essential reading for understanding the role of business in the 21st century. --Georg Kell, UN Office of the Global Compact Offers a useful framework for assessing the drivers and mechanisms for industry self-regulation and poses a set of questions that policy makers, business leaders, activists, and academics cannot afford to ignore. --Jane Nelson, International Business Leaders Forum


Anyone seeking to become better-informed about the changing role of business in the modern world should read this book. -Debora L. Spar, Harvard Business School | Breaks new ground in explaining the nature of industry self-regulation in today's globalizing economy. The rich case material makes this book essential reading for understanding the role of business in the 21st century. -Georg Kell, UN Office of the Global Compact | Offers a useful framework for assessing the drivers and mechanisms for industry self-regulation and poses a set of questions that policy makers, business leaders, activists, and academics cannot afford to ignore. -Jane Nelson, International Business Leaders Forum


Author Information

Virginia Haufler directed the Project on the Role of the Private Sector in International Affairs at the Carnegie Endowment. She is an associate professor at the University of Maryland, College Park.

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