The Decentralization of the Business & Human Rights Field
The Routledge History of Human Rights (2018, Forthcoming)
28 Pages Posted: 24 Apr 2017 Last revised: 12 May 2018
Date Written: March 28, 2018
This chapter sheds light on the legal developments that came to sideline U.S. courts with respect to achieving remedies for foreign-cubed business & human rights matters. It examines the reality of ever more robust cross-border protections for corporate property and shareholders’ rights versus the retention of a soft and ultimately voluntary approach to corporate responsibilities. In response, there have emerged new external channels for corporate responsibility that — untethered to national systems of corporate governance — can better address the state’s embedded protectiveness over its domestic corporations.
Keywords: corporate governance, business & human rights, human rights, universal jurisdiction, international law
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