Code of Conduct on Transnational Corporations Challenges and Opportu
This book explores the challenges and opportunities presented by the formulation of a global code of conduct for transnational corporations. It assesses the current state of research on global regulations intended to enhance the social responsibility of t
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Mia Mahmudur Rahim Editor
Code of Conduct on Transnational Corporations Challenges and Opportunities
CSR, Sustainability, Ethics & Governance Series editors Samuel O. Idowu, London Metropolitan University, Calcutta House, London, UK René Schmidpeter, Cologne Business School, Cologne, Germany
More information about this series at http://www.springer.com/series/11565
Mia Mahmudur Rahim Editor
Code of Conduct on Transnational Corporations Challenges and Opportunities
123
Editor Mia Mahmudur Rahim School of Law University of South Australia Adelaide, SA, Australia
ISSN 2196-7075 ISSN 2196-7083 (electronic) CSR, Sustainability, Ethics & Governance ISBN 978-3-030-10815-1 ISBN 978-3-030-10816-8 (eBook) https://doi.org/10.1007/978-3-030-10816-8 Library of Congress Control Number: 2018965900 © Springer Nature Switzerland AG 2019 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Springer imprint is published by the registered company Springer Nature Switzerland AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
This book is dedicated to my wife Bipasha Haque.
Preface
Since World War II, there has been a great interest in a global code of conduct on Transnational Corporations (TNCs). This was more pronounced in the developing countries which seek equilibrium between the lures and the realities of globalisation, on the one hand, and a dream of a just and non-exploitative global order on the other. The United Nations initiated a process for such a code in the late 1970s. It proposed a draft Code of Conduct on Transnational Corporations (the Code). But the controversy over the form and provisions of the Code inhibited the consensus over it, despite over two decades of time and energy expended by the Working Group and other bodies within the UN system. The eventful but elongated codification process attested that the interests of t
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