[PDF] Globalization And Self Regulation eBook

Author : S. Sethi
Publisher : Springer
Page : 303 pages
File Size : 44,34 MB
Release : 2016-02-17
Category : Business & Economics
ISBN : 0230348572

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Corporate strategy expert Prakash Sethi takes 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.

Author : Virginia Haufler
Publisher : Carnegie Endowment
Page : 174 pages
File Size : 50,41 MB
Release : 2013-01-25
Category : Business & Economics
ISBN : 0870033379

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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.

Author : Terry O’Callaghan
Publisher : Edward Elgar Publishing
Page : 239 pages
File Size : 21,15 MB
Release : 2016-10-28
Category : Business & Economics
ISBN : 1786431742

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Recently, multinational corporations have begun to reinvent themselves as socially responsible actors, largely in response to anti-corporate activist pressure. The author argues that a concern with corporate reputation is leading to an ideational shift in corporate behaviour – in essence, it is disciplining their behaviour. This innovative exploration of the idea of a self-regulating corporation in an era of globalisation first examines the link between corporate reputation, corporate behaviour and self-regulation, and then goes on to compare and contrast various studies of multinational corporations that have sought to self-regulate. Terry O’Callaghan includes a multifaceted critique of anti-corporate activists. This acknowledges both the dangers that multinational corporations pose to communities, and that anti-corporate activists are the first group to understand the potential risk of targeted campaigns to corporate reputations. He also illustrates his points using three case studies of companies that have attempted to self-regulate: Royal Dutch Shell, the Toyota Motor Corporation and Interface Inc. Undergraduate and postgraduate students of international business, management and business ethics will be interested in the essential topics covered in this book. Academics and practitioners alike will appreciate its accessible lessons about reputational capital and holding multinational corporations accountable.

Author : Dana L. Brown
Publisher : OUP Oxford
Page : 288 pages
File Size : 36,86 MB
Release : 2007-10-04
Category : Political Science
ISBN : 0191528552

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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.

Author : Petra Christmann
Publisher :
Page : 0 pages
File Size : 18,49 MB
Release : 2003
Category :
ISBN :

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Critics assert that globalization is detrimental to the environment because it encourages location of polluting industries to countries with low environmental regulations. We suggest that globalization might also have positive environmental effects because global ties increase self-regulation pressures on firms in low-regulation countries. Using survey data from firms in China we find that multinational ownership, multinational customers, and exports to developed countries increase self-regulation of environmental performance.

Author : Ronnie Lipschutz
Publisher : Routledge
Page : 276 pages
File Size : 45,93 MB
Release : 2006-03-07
Category : Political Science
ISBN : 1135991421

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Globalization is moving fast, impacting on the life of all nations with accelerating force. In this new study Ronnie Lipschutz shows how it is being handled by specific groups seeking positive outcomes for the people and causes they represent. Globalization, Governmentality and Global Politics details how the widespread failure of states and corporations to regulate the impact of increased globalization has given rise to non-governmental organizations and movements, aiming to influence corporations regarding social responsibilities and address key issues such as human rights, environmental destruction, unhealthy working conditions and child labour. Assessing the effectiveness of these efforts, it examines both the new movements and the issues they are tackling. With three key case studies on the clothing industry, sustainable forestry and corporate social responsibility, it explores the tensions between politics and management, examining the theoretical implications of regulation for politics, citizenship and the state. Finally, it takes a fresh look at what is to be done, calling for a return to politics centred on the direct participation of the individual in the social choices that affect quality of life, working conditions and the global future.

Author : Olaf Dilling
Publisher : Bloomsbury Publishing
Page : 370 pages
File Size : 20,57 MB
Release : 2008-07-01
Category : Law
ISBN : 1847314406

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With the globalisation of markets, the phenomenon of market failure has also been globalised. Against the backdrop of the territoriality of nation state jurisdictions and the slow progress of international law based on the principle of sovereignty this poses a serious challenge. However while the legal infrastructure of globalised markets has a firm basis in formal national and international law, the side effects of economic transactions on public goods such as the environment, human health and consumer interests often escape state-based regulation. Therefore, attention is drawn to the potential of self-regulation by transnational industry. While hypotheses abound which try to grasp this phenomenon in conceptual terms, both empirical and legal research is still underdeveloped. This volume helps to fill this gap, in two ways: firstly by reconstructing self-regulatory settings such as multinational corporations, transnational production networks and industry-NGO partnerships in terms of organisation, problem-solving and legitimation, and secondly, by linking their empirical findings to formal law by examining how legal concepts are reflected in self-regulation, how the law builds on self-regulatory solutions, and how it helps to establish favorable conditions for private governance.

Author : Wesley Cragg
Publisher : Edward Elgar Publishing
Page : 424 pages
File Size : 36,14 MB
Release : 2005-02-24
Category : Business & Economics
ISBN : 9781781956304

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Globalization has altered in significant ways the tools available to regulate international commerce. One result is the emergence of ethics codes, codes of responsible conduct, and best practice codes designed to win adherence to internationally acceptable norms of conduct on the part of corporations and other organizations interacting in the global market place. This volume looks at these developments with particular focus on five topic areas: respect for human rights, treatment of labor, bribery and corruption, environmental protection, and international finance and the control of money laundering. What is significant about these developments is the emerging emphasis on self-regulation as the primary method for raising standards of corporate conduct. The contributors examine the reasons for the emergence of ethical codes and the phenomenon of self-regulation within the context of globalization and look at the role of national governments, international government institutions and other international organizations in shaping and enforcing them. They also study the implications of these developments for corporate governance and the changing roles of national and international institutions in the regulation of international commerce.

Author : John Braithwaite
Publisher : Cambridge University Press
Page : 194 pages
File Size : 24,7 MB
Release : 2000-02-13
Category : Business & Economics
ISBN : 9780521780339

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How has the regulation of business shifted from national to global institutions? What are the mechanisms of globalization? Who are the key actors? What of democratic sovereignty? In which cases has globalization been successfully resisted? These questions are confronted across an amazing sweep of the critical areas of business regulation--from contract, intellectual property and corporations law, to trade, telecommunications, labor standards, drugs, food, transport and environment. This book examines the role played by global institutions such as the World Trade Organization, World Health Organization, the OECD, IMF, Moodys and the World Bank, as well as various NGOs and significant individuals. Incorporating both history and analysis, Global Business Regulation will become the standard reference for readers in business, law, politics, and international relations.

Author : S. Schirm
Publisher : Springer
Page : 272 pages
File Size : 28,23 MB
Release : 2004-02-29
Category : Political Science
ISBN : 0230524362

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Which rules will shape globalization in the Twenty-first-century? This collection looks at the need for new rules and the divergence of national attitudes towards global economic governance. It covers the role of states in negotiating international trade, in regulating the banks and in promoting trilateralism. It investigates the role of business by assessing its increased power in writing the rules for self-regulation and in influencing the public sphere. Also, international organizations are analyzed as standard setters and regional institutions are examined as blueprints for global governance.