2010 Volume 46 Issue 2 Pages 32-42
Recently, opinions have been expressed concerning the importance of CSR (Corporate Social Responsibility) for not only stockholders but also for the benefit of so-called stake-holders such as employees, company creditors, and regional society. However, consideration from the legal viewpoint, starting with CSR itself, depends on the researcher. Not only do issues such as the perceptions of CSR differ, but so also do the assumptions on which the theory of abstract duty and responsibility are based. Neither the substance nor the denotation are necessarily clear. Accordingly, in this thesis, CSR is analyzed into more detailed elements, with focus on one particular element, corresponding to the effect of constructing a corporate internal control system for antisocial forces. When issues such as the Janome Sewing Machine Co., Ltd. trial, are considered from the viewpoint of corporate finance, such a correspondence achieves a smooth corporate financing (or prevents the corporate value being damaged), and consequently CSR will also be achieved.
