Multinational Enterprises and the Law is the only comprehensive,
contemporary, and interdisciplinary account of the techniques used
to regulate multinational enterprises (MNEs) at the national,
regional, and multilateral levels. In addition, it considers the
effects of corporate self-regulation, and the impact of civil
society and community groups upon the development of the legal
order in this area. The book has been thoroughly revised and
updated for this third edition, making it a definitive reference
work for students, researchers, and practitioners of international
economic law, business, corporate and commercial law, development
studies, and international politics. Split into four parts, the
book first deals with the conceptual basis for MNE regulation. It
explains the growth of MNEs, their business and legal forms, and
the relationship between them and the effects of a globalized
economy and society, now increasingly challenged by recently
revived nationalist economic policies, upon the evolution of
regulatory agendas in the field. In addition, the limits of
national and regional jurisdiction over MNE activities are
considered, a question that arises throughout the specialized areas
of regulation covered in the remainder of the book. Part II covers
the main areas of economic regulation, including controls over, and
the liberalization of, entry and establishment, tax, company and
competition law and the impact of intellectual property rights on
technology diffusion and transfer. A specialized chapter on the
regulation of multinational banks in the wake of the global
financial crisis is new to this edition. Part III introduces the
social dimension of MNE regulation covering labour rights, human
rights, and environmental issues. Finally, Part IV deals with the
contribution of international investment law to MNE regulation and
to the control of investment risks, covering the main provisions
found in international investment agreements, their interpretation
by international tribunals, the process of investor-state
arbitration, and how concerns over these developments are leading
to reform proposals.
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