The Open Corporation, originally published in 2002, set out a
blueprint for effective corporate self-regulation, offering
practical strategies for managers, stakeholders and regulators to
build successful self-regulation management systems. Christine
Parker examined the conditions under which corporate
self-regulation of social and legal responsibilities were likely to
be effective, covering a wide range of areas - from consumer
protection to sexual harassment to environmental compliance.
Focusing on the features that make self-regulation or compliance
management systems effective, Parker argued that law and regulators
needed to focus much more on 'meta-regulating' corporate
self-regulation if democratic control over corporate action was to
be established.
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