Ethical Transnational Corporate Activity at Home and Abroad: A Proposal for Reforming Continuous Disclosure Obligations in Australia and the United States
83 Pages Posted: 30 May 2014 Last revised: 10 Oct 2015
Date Written: May 29, 2014
MNCs establish operations in states with lower legal and ethical standards in areas including the environment, wages, labour standards, human rights, corruption, and company taxation.
Corporate law scholars cannot be indifferent to the horrific consequences – from a contribution to rapes and violent incidents from trade in conflict minerals in the DRC to the killing of workers due to poor conditions in garment manufacturing units in Bangladesh. We advance a normative argument for clarifying and strengthening the existing model of disclosure-based regulation to hold MNCs accountable.
Keywords: corporate governance, supply chain, transnational business, human rights, ethics, continuous disclosure, ASX, NYSE listing rules, Reg S-K
JEL Classification: D21, D24, D63, D82, G15, G18, J38, K22, K31, K33, M14, N27, N50
Suggested Citation: Suggested Citation