Table 2 Typology of CSR regulatory... | Emerald Publishing

Table 2

Typology of CSR regulatory approaches

	LEGISLATIVE CSR REGULATORY APPROACH	ETHICAL CSR REGULATORY APPROACH
Whether corporations are granted protection in criminal procedure upon adopting codes?	Reduction of sentences	Granting protection against criminal liability
What is required for granting benefits within criminal proceedings?	Procedural demands – adopting adequate compliance program	Demands regarding content and norms beyond procedure
Whether focused on compliance with the law?	Demands thin codes: Demands compliance only with the criminal code	Demands thick codes- reflecting voluntary ethical norms beyond - compliance
Which kind of norms are included?	Focuses on norms regarding the employer- risks to the corporation and profit	Focuses on additional norms, regarding various stake holders beyond the employer and concerning the public - interest and social expectations
Is a philanthropic contribution needed?	Not needed	needed
Does a general code suffice?	General principles	Addressing specific risks of the cooperation and repeated violations, and severe offences
Who the code relates to?	Covers actions of employees	Covers actions of all contractors and sub- contractors
Cases of non -adoption of codes	Non adoption is considered in sentencing and corporations are compelled to adopt code of conduct	Non adoption of codes is not considered

	LEGISLATIVE CSR REGULATORY APPROACH	ETHICAL CSR REGULATORY APPROACH
Whether corporations are granted protection in criminal procedure upon adopting codes?	Reduction of sentences	Granting protection against criminal liability
What is required for granting benefits within criminal proceedings?	Procedural demands – adopting adequate compliance program	Demands regarding content and norms beyond procedure
Whether focused on compliance with the law?	Demands thin codes: Demands compliance only with the criminal code	Demands thick codes- reflecting voluntary ethical norms beyond - compliance
Which kind of norms are included?	Focuses on norms regarding the employer- risks to the corporation and profit	Focuses on additional norms, regarding various stake holders beyond the employer and concerning the public - interest and social expectations
Is a philanthropic contribution needed?	Not needed	needed
Does a general code suffice?	General principles	Addressing specific risks of the cooperation and repeated violations, and severe offences
Who the code relates to?	Covers actions of employees	Covers actions of all contractors and sub- contractors
Cases of non -adoption of codes	Non adoption is considered in sentencing and corporations are compelled to adopt code of conduct	Non adoption of codes is not considered