Author(s): Sarfraz Hussain, Alhareth M. Abu Hussein, Salman M. Abu Lehyeh
Corporate Social Responsibility ("CSR") is gaining importance as global issues such as climate change and economic inequality need collaborative solutions. This article analyses the Business Roundtable's recent "commitment" to responsible business practices and shows how it is consistent with Delaware Corporate Law, which mandates for-profit companies to achieve shareholder goals. Additionally, this article explains the times gone by of CSR and why prior changes have failed to enhance CSR. This study argues that the Business Roundtable will be unable to fulfil these promises on its own, and that long-term change would need the government to be willing to regulate businesses in ways that align economic incentives with social goals. Finally, it proposes several laws that may assist in aligning these goals and so enhancing Corporate Social Responsibility.