With Power Comes Responsibility: Human Rights and Corporate Accountability

University of New South Wales Law Journal, Vol. 28, No. 3, pp. 581-613, 2005

UNSW Law Research Paper No. 2010-11

33 Pages Posted: 21 Feb 2010

See all articles by Justine Nolan

Justine Nolan

University of New South Wales (UNSW) - Faculty of Law

Date Written: 2005

Abstract

The influence of transnational corporations (‘TNCs’) on the economic and political life of most countries – and on economic and political relations in general – has increased greatly in recent decades. Today, the economic capacities of transnational corporations go far beyond the economic capacities of the countries in which they operate, and their political muscle is often far greater than the ability of some states to regulate them effectively. This article considers the United Nations Norms on the Responsibilities of Transnational Corporations and Other Business Enterprises with Regard to Human Rights (‘the Norms’) as a framework for definitively outlining the human rights responsibilities of business and argues that the Norms are a welcome initiative in comprehensively defining these obligations.

Keywords: Human Rights Law, International Law

Suggested Citation

Nolan, Justine, With Power Comes Responsibility: Human Rights and Corporate Accountability (2005). University of New South Wales Law Journal, Vol. 28, No. 3, pp. 581-613, 2005, UNSW Law Research Paper No. 2010-11, Available at SSRN: https://ssrn.com/abstract=1556443

Justine Nolan (Contact Author)

University of New South Wales (UNSW) - Faculty of Law ( email )

Kensington, New South Wales 2052
Australia

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