Affordable Access

Social licence and environmental protection: why businesses go beyond compliance

Centre for Analysis of Risk and Regulation, London School of Economics and Political Science
Publication Date
  • Hg Finance
  • Law


Traditionally, corporations which complied with the dictates of applicable legislation would have regarded not just their legal, but also their social obligations, as ending at that point. Socio-legal research suggests that corporations complied with law only for instrumental reasons (to avoid legal penalties) or, because "regulations are taken to be a measure of societal expectations, and [are] thus interpreted as a guide to an organisation's moral and social duties," (Wright, 1998: 14). From this traditional point of view, corporations could be expected to take actions which went 'beyond compliance' only where they saw some self-interest in doing so, such as increasing profit, usually over the short-term (Porter and Van der Linde, 1995)

There are no comments yet on this publication. Be the first to share your thoughts.