Rules for the Global Economy: Synergies Between Voluntary and Binding Approaches
This paper explores the differences, similarities and synergies between voluntary and binding approaches to international rules. Voluntary efforts to ensure that firms adhere to appropriate standards of business conduct have been an important recent development in international business. These effor...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
1999
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| Schriftenreihe: | OECD Working Papers on International Investment
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| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | This paper explores the differences, similarities and synergies between voluntary and binding approaches to international rules. Voluntary efforts to ensure that firms adhere to appropriate standards of business conduct have been an important recent development in international business. These efforts have included the publication of codes of conduct describing the nature of a firm's commitments in such areas as environment, labour, product safety and bribery as well as implementation of specialised management systems designed to help firms honour these commitments. Yet, some NGOs and labour unions question the credibility of these efforts and wonder whether initiatives that do not have the force of law can ever be effective. This paper notes that all approaches to the social control of business organisations - voluntary and legally binding -- have distinctive shortcomings. These include problems of: credibility arising from imperfect monitoring and enforcement; capture of the control ... |
| Beschreibung: | 1 Online-Ressource (19 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/044824660786 |
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| 520 | |a This paper explores the differences, similarities and synergies between voluntary and binding approaches to international rules. Voluntary efforts to ensure that firms adhere to appropriate standards of business conduct have been an important recent development in international business. These efforts have included the publication of codes of conduct describing the nature of a firm's commitments in such areas as environment, labour, product safety and bribery as well as implementation of specialised management systems designed to help firms honour these commitments. Yet, some NGOs and labour unions question the credibility of these efforts and wonder whether initiatives that do not have the force of law can ever be effective. This paper notes that all approaches to the social control of business organisations - voluntary and legally binding -- have distinctive shortcomings. These include problems of: credibility arising from imperfect monitoring and enforcement; capture of the control ... | ||
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Datensatz im Suchindex
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| spelling | Gordon, Kathryn Verfasser aut Rules for the Global Economy Synergies Between Voluntary and Binding Approaches Kathryn Gordon Paris OECD Publishing 1999 1 Online-Ressource (19 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Working Papers on International Investment This paper explores the differences, similarities and synergies between voluntary and binding approaches to international rules. Voluntary efforts to ensure that firms adhere to appropriate standards of business conduct have been an important recent development in international business. These efforts have included the publication of codes of conduct describing the nature of a firm's commitments in such areas as environment, labour, product safety and bribery as well as implementation of specialised management systems designed to help firms honour these commitments. Yet, some NGOs and labour unions question the credibility of these efforts and wonder whether initiatives that do not have the force of law can ever be effective. This paper notes that all approaches to the social control of business organisations - voluntary and legally binding -- have distinctive shortcomings. These include problems of: credibility arising from imperfect monitoring and enforcement; capture of the control ... Finance and Investment https://doi.org/10.1787/044824660786 Verlag kostenfrei Volltext |
| spellingShingle | Gordon, Kathryn Rules for the Global Economy Synergies Between Voluntary and Binding Approaches Finance and Investment |
| title | Rules for the Global Economy Synergies Between Voluntary and Binding Approaches |
| title_auth | Rules for the Global Economy Synergies Between Voluntary and Binding Approaches |
| title_exact_search | Rules for the Global Economy Synergies Between Voluntary and Binding Approaches |
| title_exact_search_txtP | Rules for the Global Economy Synergies Between Voluntary and Binding Approaches |
| title_full | Rules for the Global Economy Synergies Between Voluntary and Binding Approaches Kathryn Gordon |
| title_fullStr | Rules for the Global Economy Synergies Between Voluntary and Binding Approaches Kathryn Gordon |
| title_full_unstemmed | Rules for the Global Economy Synergies Between Voluntary and Binding Approaches Kathryn Gordon |
| title_short | Rules for the Global Economy |
| title_sort | rules for the global economy synergies between voluntary and binding approaches |
| title_sub | Synergies Between Voluntary and Binding Approaches |
| topic | Finance and Investment |
| topic_facet | Finance and Investment |
| url | https://doi.org/10.1787/044824660786 |
| work_keys_str_mv | AT gordonkathryn rulesfortheglobaleconomysynergiesbetweenvoluntaryandbindingapproaches |