Schönherr, Norma, Heike Vogel-Pöschl, Florian Findler, and André Martinuzzi. "Accountability by Design? Exploring Design Characteristics of Corporate Social Responsibility Standards". Sustainability Accounting, Management and Policy Journal. (1626912000)July 22, 2021. https://doi.org/...

Corporate social responsibility (CSR) standards are widely adopted instruments for supporting firms in becoming more accountable, while noncompliance limits their effectiveness and legitimacy.  This paper investigates the design of 50 CSR standards across different standard types (principle-based, reporting, certification and process standards) systematically and comparatively for their accountability and compliance effectiveness.  The study finds that the prevalence of design characteristics aimed at fostering accountability varies significantly between different standard types.  It identifies implementability, comparability and measurability as three factors related to the specific purpose of any standard that explain this structural variation in the standards’ design.

Posted on 14/11/21

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