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Books > Law > Laws of other jurisdictions & general law > Financial, taxation, commercial, industrial law > Company law
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Responsible Business - Self-Governance and Law in Transnational Economic Transactions (Hardcover, New)
Loot Price: R3,033
Discovery Miles 30 330
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Responsible Business - Self-Governance and Law in Transnational Economic Transactions (Hardcover, New)
Series: Onati International Series in Law and Society
Expected to ship within 10 - 15 working days
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With the globalisation of markets, the phenomenon of market failure
has also been globalised. Against the backdrop of the
territoriality of nation state jurisdictions and the slow progress
of international law based on the principle of sovereignty this
poses a serious challenge. However while the legal infrastructure
of globalised markets has a firm basis in formal national and
international law, the side effects of economic transactions on
public goods such as the environment, human health and consumer
interests often escape state-based regulation. Therefore, attention
is drawn to the potential of self-regulation by transnational
industry. While hypotheses abound which try to grasp this
phenomenon in conceptual terms, both empirical and legal research
is still underdeveloped. This volume helps to fill this gap, in two
ways: firstly by reconstructing self-regulatory settings such as
multinational corporations, transnational production networks and
industry-NGO partnerships in terms of organisation, problem-solving
and legitimation, and secondly, by linking their empirical findings
to formal law by examining how legal concepts are reflected in
self-regulation, how the law builds on self-regulatory solutions,
and how it helps to establish favorable conditions for private
governance.
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