Corporate social responsibility: a comparison between the United States and the European Union

Investments in social and environmental funds have increased dramatically over the past decade. This has led to an increased reliance on corporate social responsibility (CSR) reporting. There is a growing debate as to how the information should be reported. The purpose of this article is to compare how the governments and corporations of the United States and the European Union have addressed this issue. While neither the United States nor the European Union appears close to any sort of mandatory regulation of CSR reporting, the movement in Europe seems more progressive on the issue. Copyright © 2005 John Wiley & Sons, Ltd and ERP Environment.