Corruption, Corporations, and the New Human Right

56 Pages Posted: 14 Mar 2013 Last revised: 9 Jan 2014

Date Written: January 2014

Abstract

After Kiobel, we should no longer expect the Alien Tort Statute to become the principal federal statute deterring overseas corporate rights violations. That distinction rightly belongs to the Foreign Corrupt Practices Act, an anti-bribery statute that rests on undisputed principles of corporate liability, contains a clear congressional statement of extraterritorial application, and routinely collects penalties from multinational corporate defendants. Scholars have not associated the FCPA with the human rights agenda, owing principally to an impoverished understanding of rights theory. But freedom from corruption can and should be understood as a human right, one that is as old as social contract theory but new to federal and international law. With specific amendments – one modeled after environmental law and the other after intellectual property - the FCPA can become a more powerful statutory tool for deterring overseas corporate rights violations than the ATS ever was or will be.

Keywords: Alien Tort Statute, Kiobel, Foreign Corrupt Practices Act, Corruption, Bribery, Human Rights

Suggested Citation

Spalding, Andrew Brady, Corruption, Corporations, and the New Human Right (January 2014). Available at SSRN: https://ssrn.com/abstract=2232670 or http://dx.doi.org/10.2139/ssrn.2232670

Andrew Brady Spalding (Contact Author)

University of Richmond School of Law ( email )

Richmond, VA
United States

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