Please use this identifier to cite or link to this item: https://hdl.handle.net/1959.11/27552
Title: Converged Approach in Regulation for Socializing Transnational Corporations
Contributor(s): Rahim, Mia Mahmudur  (author)orcid 
Publication Date: 2019
Early Online Version: 2019-02-09
DOI: 10.1007/978-3-030-10816-8_8
Handle Link: https://hdl.handle.net/1959.11/27552
Abstract: The prolonged attempt to create a global code for TNCs was ultimately unsuccessful, yet the simultaneous rise of global frameworks and guidelines by various private bodies highlight the need for monitoring of the performance of TNCs in addition to evaluation of their accountability practice. But none of the current frameworks and guidelines has been successful in laying down a clear way forward for the creation of an accepted global code of conduct for TNCs. The corporate social responsibility movement is a reaction to this need; it assists the shift of the market centred focus of global regulatory framework initiatives to ‘people centred’ (as opposed to country-centred) concerns. Accordingly, the core CSR principles urge that TNCs must not only be compliant but also responsible to their wider stakeholders and the environment. This chapter presents how the implementation of CSR principles in corporations can be an alternative to a global code of conduct for socialising TNCs.
Publication Type: Book Chapter
Source of Publication: Code of Conduct on Transnational Corporations: Challenges and Opportunities, p. 155-184
Publisher: Springer
Place of Publication: Cham, Switzerland
ISBN: 9783030108151
3030108155
9783030108168
3030108163
Fields of Research (FoR) 2008: 180109 Corporations and Associations Law
Fields of Research (FoR) 2020: 480103 Corporations and associations law
Socio-Economic Objective (SEO) 2008: 910301 International Agreements on Trade
910399 International Trade not elsewhere classified
Socio-Economic Objective (SEO) 2020: 150101 International agreements on trade
HERDC Category Description: B1 Chapter in a Scholarly Book
WorldCat record: http://www.worldcat.org/oclc/1077577928
http://www.worldcat.org/oclc/1085647851
Series Name: CSR, Sustainability, Ethics & Governance
Editor: Editor(s): Mia Mahmudur Rahim
Appears in Collections:Book Chapter
School of Law

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