Decent Workplaces, Self-Regulation and CSR

The growth of voluntary initiatives to promote socially responsible business practices has been accompanied by a chorus of criticisms, including claim that much of the activity has been public relations and attempt to deter governments from implementing effective regulations. This paper reviews various types of self-regulating initiative and campaigns that have grown up alongside to assess their effect on labour practices and employment. It concludes by proposing how there could be greater emphasis on market incentives coupled with more effective public measures to induce medium- and small-scale firms to improve their labour practices, including radical overhaul in labour inspectorates functions.