Corporate Social Responsibility, Human Rights and the Law Multinational Corporations in Developing Countries

The control of multinational corporations is an area of law that has attracted immense attention both at national and international level. In recognition of the importance of the subject matter, the United Nations Secretary General has appointed a special representative to work in this area. The boo...

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Main Author Amao, Olufemi
Format eBook Book Publication
LanguageEnglish
Published London Routledge 2011
Taylor and Francis
Taylor & Francis Group
Edition1
SeriesRoutledge Research in Corporate Law
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Abstract The control of multinational corporations is an area of law that has attracted immense attention both at national and international level. In recognition of the importance of the subject matter, the United Nations Secretary General has appointed a special representative to work in this area. The book discusses the current trend by MNCs to self regulate by employing voluntary corporate social responsibility (CSR) strategy. Olufemi Amao argues that the CSR concept is insufficient to deal with externalities emanating from MNCs' operations, including human rights violations. Amao maintains that for CSR to be effective, the law must engage with the concept. In particular, he examines how the law can be employed to achieve this goal. While noting that the control of MNCs involves regulation at the international level, it is argued that more emphasis needs to be placed on possibilities at home, in States and host States where there are stronger bases for the control of corporations. This book will be useful to academic scholars, students, policy makers in developing countries, UN, UN Agencies, the African Union and its agencies, the European Union and its agencies and other international policy makers.
AbstractList The control of multinational corporations is an area of law that has attracted immense attention both at national and international level. In recognition of the importance of the subject matter, the United Nations Secretary General has appointed a special representative to work in this area. The book discusses the current trend by MNCs to self regulate by employing voluntary corporate social responsibility (CSR) strategy. Olufemi Amao argues that the CSR concept is insufficient to deal with externalities emanating from MNCs' operations, including human rights violations. Amao maintains that for CSR to be effective, the law must engage with the concept. In particular, he examines how the law can be employed to achieve this goal. While noting that the control of MNCs involves regulation at the international level, it is argued that more emphasis needs to be placed on possibilities at home, in States and host States where there are stronger bases for the control of corporations. This book will be useful to academic scholars, students, policy makers in developing countries, UN, UN Agencies, the African Union and its agencies, the European Union and its agencies and other international policy makers.
1. Multinational corporations, states and international regulation : historical background -- 2. Major attempts at the international level to control multinational corporations -- 3. Corporate social responsibility and its relationship to law -- 4. Legal and institutional framework and the control of multinationals in developing countries with a focus on Nigeria -- 5. Regional human rights system and multinational corporations : the case of the African regional human rights system -- 6. The European Union and corporate responsibility in vulnerable states -- 7. Judicial process as a means of promoting corporate responsibility abroad : extraterritoriality -- 8. The foundation for a global company law for multinational corporations : the complimentary role at the international level.
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.
The control of multinational corporations is an area of law that has attracted immense attention both at national and international level. In recognition of the importance of the subject matter, the United Nations Secretary General has appointed a special representative to work in this area. The book discusses the current trend by MNCs to self regulate by employing voluntary corporate social responsibility (CSR) strategy. Olufemi Amao argues that the CSR concept is insufficient to deal with externalities emanating from MNCs’ operations, including human rights violations. Amao maintains that for CSR to be effective, the law must engage with the concept. In particular, he examines how the law can be employed to achieve this goal. While noting that the control of MNCs involves regulation at the international level, it is argued that more emphasis needs to be placed on possibilities at home, in States and host States where there are stronger bases for the control of corporations. This book will be useful to academic scholars, students, policy makers in developing countries, UN, UN Agencies, the African Union and its agencies, the European Union and its agencies and other international policy makers. Olufemi Amao is a lecturer in law at Brunel University, UK. His research interests include Corporate Social Responsibility, Corporate Law Theory, Corporate Governance, Multinational Corporations, Human Rights and International Commercial Law. "Amao offers a thorough, grounded analysis, beginning with discussion of historical background. He looks at major attempts at the international level to control multinational corporations, the legal and institutional framework for control of multinationals in developing countries (with a focus on Nigeria), the African regional human rights system, the European Union and corporate responsibility, judicial process as a means of promoting corporate responsibility, and the foundation for a global company law."— Book News Introduction 1. Multinational Corporations, States and International Regulation: Historical Background 2. Major Attempts at the International Level to Control Multinational Corporations 3. Corporate Social Responsibility and its Relationship to Law 4. Legal and Institutional Framework and the Control of Multinationals in Developing Countries with a focus on Nigeria 5. Regional Human Rights System and Multinational Corporations: The Case of the African Regional Human Rights System 6.The European Union and Corporate Responsibility in Vulnerable States 7. Judicial Process as a Means of Promoting Corporate Responsibility Abroad: Extraterritoriality 8. The Foundation for a Global Company Law for Multinational Corporations: The Complimentary Role at the International Level. Conclusions
Author Amao, Olufemi
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Copyright copyright © 2011 Olufemi Amao
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Keywords Allied Matters Act
Brussels Convention
Zimbabwe Human Right NGO Forum
African Human Rights System
ATCA
NGO Forum
UK Court
UK Company Act
Cotonou Agreement
EPAs
MNC Subsidiary
Human Rights Clauses
Article XXI
International Monetary Fund
OECD Convention
ATCA Case
CSR Initiative
Article XX
ATCA Litigation
Law Journal
EU Member State
African Regional Human Rights System
Law Review
Human Rights
African Charter
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Notes Includes bibliographical references (p. [288]-290) and index
OCLC 752620379
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Taylor and Francis
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Snippet The control of multinational corporations is an area of law that has attracted immense attention both at national and international level. In recognition of...
This book considers the legal control of multinational corporations (MNCs) for violations of human rights from a developing country's perspective, examining...
1. Multinational corporations, states and international regulation : historical background -- 2. Major attempts at the international level to control...
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econis
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Publisher
SubjectTerms African Studies
Business & Company Law
BUSINESS & ECONOMICS / Business Law bisacsh
BUSINESS & ECONOMICS / Development / Economic Development bisacsh
Corporate Governance
Corporate governance - Law and legislation - Social aspects
Development Studies
Economics and Development
Human Rights Law & Civil Liberties
International business enterprises
International business enterprises -- Law and legislation -- Developing countries
LAW / General bisacsh
Public International Law
Regional Development
Social responsibility of business
Social responsibility of business -- Developing countries
Subtitle Multinational Corporations in Developing Countries
TableOfContents Cover -- Corporate Social Responsibility, Human Rights and the Law: Multinational corporations in developing countries -- Copyright -- Contents -- Foreword -- Table of cases -- Acknowledgements -- List of abbreviations -- Introduction -- 1. Multinational corporations, states and international regulation: Historical background -- Introduction -- What are "multinational corporations"? -- Multinational corporations and states -- Explaining the relationship between the states of the North and MNCs: the mercantilist origin of the multinational corporation -- Corporations and the transatlantic slave trade -- Corporate colonialism -- Multinational corporations in the Second World War -- Multinational corporations and the nascent states of the South after independence: changing roles -- Summary -- 2. Major attempts at the international level to control multinational corporations -- MNCs and international law -- International human rights instruments -- International institutions -- The special representative of the secretary general on the issue of human rights and transnational corporations and other business enterprises -- Developments in international environmental law: a brief discussion -- Summary -- 3. Corporate social responsibility and its relationship to law -- Introduction -- Evolution of the CSR concept -- The emergence of CSR in the United States -- CSR in the United Kingdom -- CSR in Europe -- CSR in the context of developing countries -- Defining CSR -- CSR and the law: how should the law respond to the CSR concept? -- CSR and the law: perspectives -- Theoretical justification for CSR -- Understanding the emerging responsibilities of modern corporations: a social contract approach -- What questions does CSR raise for law?
The shortcomings in the understanding of the nature of the corporation by ethicists and philosophers and the problem of ascribing morality to the corporation -- The modern corporation and legal theories -- How are corporations conceived of today? -- The autonomy of the corporation -- The social contract as justification for CSR -- The social contract: Donaldson's approach -- Criticisms of Donaldson's analysis -- The social contract, morality and corporations: a different approach -- The social contract, the law and international human rights law -- Summary -- 4. Legal and institutional framework and the control of multinationals in developing countries with a focus on Nigeria -- MNCs and CSR in Nigeria -- Colonial administration and the oil industry -- Legal developments after Nigeria's independence and the indigenisation policy: a synopsis -- The Nigerian context in modern times -- Nigerian company law and the control of MNCs -- Domestic tort law and MNCs -- MNCs and human rights in Nigeria -- The criminal liability of corporations under Nigerian law -- Workers' protection and MNCs -- MNCs and anti-­corruption laws -- Controlling MNCs under host state law: possibilities in Nigeria -- Some suggestions for reform in Nigeria -- Other areas -- Recent development: the Nigerian Corporate Social Responsibility Bill 2008 -- Summary -- 5. Regional human rights system and multinational corporations: The case of the African regional human rights system -- Introduction -- State responsibility in context: state responsibility for human rights violations by private actors under international law -- The African regional human rights system -- The African Charter on Human and Peoples' Rights and Private Parties/MNCs -- The African Commission on Human and Peoples' Rights, the African Charter and multinational corporations
The African Court on Human and Peoples' Rights (ACrtHPR) -- The African Court of Justice and Human Rights: potential implications -- The African Union Convention on Preventing and Combating Corruption and MNCs -- Summary -- 6. The European Union and corporate responsibility in vulnerable states -- Introduction -- The European Union, human rights and CSR -- The EU and developing countries -- CSR as a strategy within Europe and its external dimensions -- Trade and human rights -- Can the EU pursue human rights objectives in its trade arrangements in view of World Trade Organization's rules? -- The EU, trade agreements and human rights -- The significance of human rights clauses -- Human rights clauses as a strategy in EU External relations -- EU competence to include human rights clauses in international agreements -- The example of the ACP-EU agreements: legal issues -- ACP and the EU -- The application of the human rights clauses and multinational corporations -- Economic Partnership Agreements and human rights clauses -- Summary -- 7. Judicial process as a means of promoting corporate responsibility abroad: extraterritoriality -- The concept of extraterritoriality -- The possibility of judicial oversight of MNCs in the EU -- Summary -- 8. The foundation for a global company law for multinational corporations: The complementary role at the international level -- MNCs and domestic company law paradigm -- Delineating regulatory space at the international level -- Corporate autonomy: Hansmann and Kraakman, and Iwai's propositions and Backer's analysis -- The Norms: a disguise for an "international company law"? -- The Norms and the regulatory space at the international level -- An innovative framework for regulating the global corporations: a proposal -- Summary -- Conclusions -- Selected bibliography -- Index
Title Corporate Social Responsibility, Human Rights and the Law
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