The Role of the TNC in the Process of Legalization: Insights from Economics and CSR
LAW AND LEGALIZATION IN TRANSNATIONAL RELATIONS, C. Bruetsch, D. Lehmkuhl, eds., pp. 202-225, Oxford: Routledge, 2007
38 Pages Posted: 20 Oct 2008 Last revised: 30 Oct 2010
In this paper we will discuss what role Transnational Corporations (TNCs) are playing in the process of legalization in international relations. Bruetsch and Lehmkuhl (2007) introduced international 'legalization' as a concept that explains the current move to law in international politics and global regimes. In the literature these processes have also been described as 'global governance'. Bruetsch and Lehmkuhl developed a framework for analyzing the processes of rule making and governance that involve multiple actors beyond the nation state, including Non Governmental Organizations (NGOs) and private business firms (Bruetsch and Lehmkuhl 2007). To better understand the interaction between public rules and private actors a multi-disciplinary approach is helpful. This paper will provide insights from economics and business management and critically consider whether and how their contributions to corporate social responsibility (CSR) can complement the emerging perspectives of legalization in political science and legal studies.
Keywords: global governance, legalization, corporate social responsibility, transnational corporations
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