Making Global Self Regulation Effective In Developing Countries
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Making Global Self Regulation Effective In Developing Countries
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Author : Dana L. Brown
language : en
Publisher: OUP Oxford
Release Date : 2007-10-04
Making Global Self Regulation Effective In Developing Countries written by Dana L. Brown and has been published by OUP Oxford this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-10-04 with Political Science categories.
As companies 'go global' they increasingly use factories and facilities spread across the world. But who regulates their activities in far flung corners of the world economy? In many sectors such as textiles and apparel, chemicals, and forestry, the answer is that companies regulate their own behaviour through codes and standards which they agree among themselves. The recent growth in corporate self-regulation of labour, environmental and financial practices has attracted the attention of scholars who have detailed the number and content of self-regulatory efforts in various sectors. Missing so far, however, has been an analysis of the effectiveness and impact of self-regulation. Does self-regulation actually work and under what conditions is it most likely to be effective? The answer to this question is particularly important for developing countries where corporate self-regulation is often seen as substitute for weak governance structures. The chapters in this volume evaluate the effectiveness of self-regulation compared to other forms of global regulation. Across sectors and states, corporate self-regulation works best when those who are regulated have a voice in deciding the content of codes and standards and when some mechanism of compliance exists at the level of the state. Unfortunately, opportunities for voice and state capacity for regulation are often lacking in developing countries. Given this, the book suggests some minimal forms of government action and participation by global actors that can make global corporate self-regulation more effective in bettering conditions in the developing world.
A Public Role For The Private Sector
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Author : Virginia Haufler
language : en
Publisher: Carnegie Endowment
Release Date : 2013-01-25
A Public Role For The Private Sector written by Virginia Haufler and has been published by Carnegie Endowment this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-01-25 with Business & Economics categories.
Increasing economic competition combined with the powerful threat of transnational activism are pushing firms to develop new political strategies. Over the past decade a growing number of corporations have adopted policies of industry self-regulation—corporate codes of conduct, social and environmental standards, and auditing and monitoring systems. A Public Role for the Private Sector explores the phenomenon of industry self-regulation through three different cases—environment, labor, and information privacy—where corporate leaders appear to be converging on industry self-regulation as the appropriate response to competing pressures. Political and economic risks, reputational effects, and learning within the business community all influence the adoption of a self-regulatory strategy, but there are wide variations in the strength and character of it across industries and issue areas. Industry self-regulation raises significant questions about the place of the private sector in regulation and governance, and the accountability, legitimacy and power of industry at a time of rapid globalization.
Globalization And Self Regulation
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Author : S. Prakash Sethi
language : en
Publisher: Macmillan
Release Date : 2011-07-05
Globalization And Self Regulation written by S. Prakash Sethi and has been published by Macmillan this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-07-05 with Business & Economics categories.
It is imperative for the business community to act now to create global, industry-wide standards of conduct. Corporate strategy expert S. Prakash Sethi along with notable experts on issues of global codes of conduct take an in-depth look at global structures and how regulation works from a corporate perspective, providing case studies of several industries and governments who have begun implementing voluntary codes of conducts, including Equator Principles, ICMM, and The Kimberly Process. He assesses the many types of self-regulations that are currently underway and provides critical analysis for making these more effective, making this a must-read for academics, policy-makers, and corporate leaders.
Challenges Of Global Business Authority The
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Author : Tony Porter
language : en
Publisher: SUNY Press
Release Date : 2011-01-02
Challenges Of Global Business Authority The written by Tony Porter and has been published by SUNY Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-01-02 with Business & Economics categories.
Business is being globalized with an immense speed, but are democratic practices and decision-making structures keeping pace? Contrary to those who see democracy as irrelevant or impossible at the global level, The Challenges of Global Business Authority analyzes three dimensions of democracy- participation, accountability, and transparency-in many transnational mechanisms that seek to align global business interests with the public interest. Looking beyond these mechanisms, this volume seeks to explore the fundamental issues affecting the relationship between democracy and global business authority, such as the structural power of business itself, and the contestations over the boundary between public and private. The essays in this volume provide concrete ways that business can be made more publicly accountable to allow democratic practices to take on a more permanent role in the global business world.
Legal Regulation Of Corporate Social Responsibility
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Author : Mia Mahmudur Rahim
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-11-27
Legal Regulation Of Corporate Social Responsibility written by Mia Mahmudur Rahim and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-11-27 with Business & Economics categories.
Even though Corporate Social Responsibility (CSR) has become a widely accepted concept promoted by different stakeholders, business corporations' internal strategies, known as corporate self-regulation in most of the weak economies, respond poorly to this responsibility. Major laws relating to corporate regulation and responsibilities of these economies do not possess adequate ongoing influence to insist on corporate self-regulation to create a socially responsible corporate culture. This book describes how the laws relating to CSR could contribute to the inclusion of CSR principles at the core of the corporate self-regulation of these economies in general, without being intrusive in normal business practice. It formulates a meta-regulation approach to law, particularly by converging patterns of private ordering and state control in contemporary corporate law from the perspective of a weak economy. It proposes that this approach is suitable for alleviating regulators' limited access to information and expertise, inherent limitations of prescriptive rules, ensuring corporate commitment, and enhance the self-regulatory capacity of companies. This book describes various meta-regulation strategies for laws to link social values to economic incentives and disincentives, and to indirectly influence companies to incorporate CSR principles at the core of their self-regulation strategies. It investigates this phenomenon using Bangladesh as a case study.
The Private Regulation Of Global Corporate Conduct
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Author : David Vogel
language : en
Publisher: University of Toronto Press
Release Date : 2006-01-01
The Private Regulation Of Global Corporate Conduct written by David Vogel and has been published by University of Toronto Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-01-01 with Business ethics categories.
The Politics Of Global Regulation
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Author : Walter Mattli
language : en
Publisher: Princeton University Press
Release Date : 2009-04-27
The Politics Of Global Regulation written by Walter Mattli and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-04-27 with Political Science categories.
Regulation by public and private organizations can be hijacked by special interests or small groups of powerful firms, and nowhere is this easier than at the global level. In whose interest is the global economy being regulated? Under what conditions can global regulation be made to serve broader interests? This is the first book to examine systematically how and why such hijacking or "regulatory capture" happens, and how it can be averted. Walter Mattli and Ngaire Woods bring together leading experts to present an analytical framework to explain regulatory outcomes at the global level and offer a series of case studies that illustrate the challenges of a global economy in which many institutions are less transparent and are held much less accountable by the media and public officials than are domestic institutions. They explain when and how global regulation falls prey to regulatory capture, yet also shed light on the positive regulatory changes that have occurred in areas including human rights, shipping safety, and global finance. This book is a wake-up call to proponents of network governance, self-regulation, and the view that technocrats should be left to regulate with as little oversight as possible. In addition to the editors, the contributors are Kenneth W. Abbott, Samuel Barrows, Judith L. Goldstein, Eric Helleiner, Miles Kahler, David A. Lake, Kathryn Sikkink, Duncan Snidal, Richard H. Steinberg, and David Vogel.
Corporate Social Responsibility And Sustainable Development In Emerging Economies
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Author : Dhirendra K. Vajpeyi
language : en
Publisher: Lexington Books
Release Date : 2015-12-24
Corporate Social Responsibility And Sustainable Development In Emerging Economies written by Dhirendra K. Vajpeyi and has been published by Lexington Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-12-24 with Political Science categories.
Corporate Social Responsibility and Sustainable Development in Emerging Economies is an anthology of seven case studies plus two theoretical chapters in a comparative context. It analyzes issues related to the rise of multinational corporations, their immense economic and political influence in a globalized world, and their social responsibility/corporate citizenship. Corporate social responsibility is closely examined in terms of meeting the challenges of the widening gap between rich and poor, relationships with sovereign states, environmental degradation, exploitation of natural resources, labor practices, and human rights issues in societies in which multinational corporations operate. Are these corporations exempt from social roles and accountable to only their shareholders (the minimalist position propounded by economists such as Milton Friedman ), or do they also have ethical and social responsibilities to participate in improving the quality of human lives in impoverished societies in Africa , Asia and Latin America?
Transnational Legal Ordering And State Change
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Author : Gregory C. Shaffer
language : en
Publisher: Cambridge University Press
Release Date : 2012-11-26
Transnational Legal Ordering And State Change written by Gregory C. Shaffer and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-11-26 with Law categories.
Law can no longer be viewed through a purely national lens. Transnational legal ordering affects the boundary of the state and the market, the allocation of power among national institutions, the role of professions and their expertise, and associational patterns that provide new normative frames. This book breaks new ground for understanding the impacts of transnational legal ordering within nation-states in today's globalized world. The book addresses the different dimensions of state change at stake and the factors that determine these impacts. It brings together leading scholars from sociology and law who study the effects of transnational legal ordering within different countries. Their case studies illustrate how transnational legal ordering interacts with national law and institutions in different regulatory areas, and cover anti-money laundering, bankruptcy, competition, education, intellectual property, health, and municipal water law and policy in different countries. The book explains the extent and limits of transnational legal ordering in today's world.
Corporate Social Responsibility Human Rights And The Law
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Author : Olufemi Amao
language : en
Publisher: Taylor & Francis
Release Date : 2011-05-05
Corporate Social Responsibility Human Rights And The Law written by Olufemi Amao and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-05-05 with Business & Economics categories.
This book considers the legal control of multinational corporations (MNCs) for violations of human rights from a developing country’s perspective, examining the role for corporate social responsibility (CSR) in regulating the conduct of MNCs. The book uses the case study of Nigeria which is host to major MNCs from the EU and the US, to show that the CSR concept is currently insufficient to deal with externalities emanating from MNCs‘ operations including human rights violations. The book goes on to argue that whilst control of MNCs involves regulation at the international level, more emphasis needs to be placed on possibilities at home States and host States where there are stronger bases for the control of corporations. It examines possibilities in the European Union, exploring ways in which the EU can ensure that MNCs from its territory do not violate human rights when operating abroad.