Table 2

Typology of CSR regulatory approaches

LEGISLATIVE CSR REGULATORY APPROACHETHICAL CSR REGULATORY APPROACH
Whether corporations are granted protection in criminal procedure upon adopting codes?Reduction of sentencesGranting protection against criminal liability
What is required for granting benefits within criminal proceedings?Procedural demands – adopting adequate compliance programDemands regarding content and norms beyond procedure
Whether focused on compliance with the law?Demands thin codes: Demands compliance only with the criminal codeDemands 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 profitFocuses on additional norms, regarding various stake holders beyond the employer and concerning the public - interest and social expectations
Is a philanthropic contribution needed?Not neededneeded
Does a general code suffice?General principlesAddressing specific risks of the cooperation and repeated violations, and severe offences
Who the code relates to?Covers actions of employeesCovers actions of all contractors and sub- contractors
Cases of non -adoption of codesNon adoption is considered in sentencing and corporations are compelled to adopt code of conductNon adoption of codes is not considered

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