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"The rapid growth of multinational corporations has given rise to many complex and controversial international law and governance issues. Driven to maximize shareholder value, these corporations are legally structured to seize every advantage while also benefiting from generous investor rights...
Persistent link: https://www.econbiz.de/10012209214
This past summer, the Working Group on the Issue of Human Rights and Transnational Corporations and other Business Enterprises delivered its 2016 Report to the U.N. Human Rights Council. The focus of that report was the relationship of states and state owned enterprises to the state duty to...
Persistent link: https://www.econbiz.de/10012979273
Because international law has traditionally been limited to state actors, the literature on business and human rights largely focuses on whether transnational corporations can be held responsible under international law. Less attention is paid to the question of what leads corporations to...
Persistent link: https://www.econbiz.de/10013049312
In June 2014, three years after it endorsed the U. N. Guiding Principles on Business and Human Rights, the UN Human Rights Council moved to establish an open-ended intergovernmental working group to elaborate an international legally binding instrument to regulate, in international human rights...
Persistent link: https://www.econbiz.de/10013016767
The eminent case of Aguinda v. Chevron Corporation, currently in its twentieth year of litigation, represents a growing phenomenon in international commercial litigation between multinational corporations and victims of human rights abuse from developing nations. In 2011 Aguinda awarded...
Persistent link: https://www.econbiz.de/10013017523
The infringement of human rights by subsidiaries of multinational enterprises has become a thoroughly discussed topic. It is obvious that potential corporate liability under any regime gives incentives to group companies for structuring themselves in a way that, if ever agents who do not respect...
Persistent link: https://www.econbiz.de/10013020055
The adoption of the U.N. Guiding Principles on Business and Human Rights represents a watershed moment in the business and human rights movement. Nevertheless, despite its achievements, the work to align business and human rights issues remains.One approach to furthering the work in this area...
Persistent link: https://www.econbiz.de/10012992513
Persistent link: https://www.econbiz.de/10012921542
Global economy has been the driving force behind socio-economic development in all parts of the world. Yet in certain segments, it can negatively affect the dignity of ordinary workers, particularly in developing countries. Global business production nowadays functions through various levels of...
Persistent link: https://www.econbiz.de/10012921561