ABSTRACT

I argue in this chapter that national governments increasingly play a critical role in the internationalization of corporate social responsibility (CSR) by regulating the CSR activities of home country corporations as they operate in developing countries. In so doing I challenge the prevailing assumption that national governments are declining in the face of globalization. The implications for business are clear—while private regulation of CSR remains important for international business, home country governments are taking on a growing role in regulating CSR firms as they operate abroad. Business is well advised to engage closely with governments in order to have a say in shaping new CSR regulations with an international reach.