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dc.contributor.authorOmoteso, Kamil
dc.contributor.authorYusuf, Hakeem
dc.date.accessioned2018-11-21T18:23:52Z
dc.date.available2018-11-21T18:23:52Z
dc.date.issued2017-03-06
dc.identifier.citationOmoteso, K & Yusuf, HO 2017, 'Accountability of Transnational Corporations in the Developing World: The Case for an Enforceable International Mechanism' Critical Perspectives on International Business, vol. 13, no. 1, pp. 54-71. DOI: 10.1108/cpoib-08-2014-0040en
dc.identifier.issn1742-2043
dc.identifier.doi10.1108/cpoib-08-2014-0040
dc.identifier.urihttp://hdl.handle.net/10545/623141
dc.description.abstractPurpose: This paper contends that the dominant voluntarism approach to the accountability of Transnational Corporations (TNCs) is inadequate and not fit-for-purpose. It argues for the establishment of an international legal mechanism for securing the accountability of TNCs particularly in the context of developing countries with notoriously weak governance mechanisms to protect all relevant stakeholders. Design/methodology/approach: The study adopts insights from the fields of management and international law to draw out synergies from particular understandings of corporate governance, corporate social responsibility and international human rights. The governance challenges in developing countries with regard to securing the accountability of TNCs is illustrated with the Nigerian experience of oil-industry legislation reform. Findings: The specific context of the experiences of developing countries in Africa on the operations of TNCs particularly commends the need and expedience to create an international legal regime for ensuring the accountability of TNCs. Originality/value: Mainstream research in this area has focused mainly on self and voluntary models of regulation and accountability that have privileged the legal fiction of the corporate status of TNCs. This article departs from that model to argue for an enforceable model of TNC accountability based on an international mechanism.
dc.description.sponsorshipN/Aen
dc.language.isoenen
dc.relation.urlhttp://www.emeraldinsight.com/doi/10.1108/cpoib-08-2014-0040en
dc.relation.urlhttps://pureportal.coventry.ac.uk/en/publications/accountability-of-transnational-corporations-in-the-developing-wo-2en
dc.rightsArchived with thanks to Critical perspectives on international businessen
dc.subjectTransnational companiesen
dc.subjectInternational Criminal Courten
dc.subjectAccountabilityen
dc.subjectCorporate governanceen
dc.subjectCorporate and social responsibilityen
dc.titleAccountability of transnational corporations in the developing world: The case for an enforceable international mechanism.en
dc.typeArticleen
dc.contributor.departmentCoventry Universityen
dc.contributor.departmentUniversity of Birminghamen
dc.identifier.journalCritical perspectives on international businessen
dc.date.accepted2016-05-26
html.description.abstractPurpose: This paper contends that the dominant voluntarism approach to the accountability of Transnational Corporations (TNCs) is inadequate and not fit-for-purpose. It argues for the establishment of an international legal mechanism for securing the accountability of TNCs particularly in the context of developing countries with notoriously weak governance mechanisms to protect all relevant stakeholders. Design/methodology/approach: The study adopts insights from the fields of management and international law to draw out synergies from particular understandings of corporate governance, corporate social responsibility and international human rights. The governance challenges in developing countries with regard to securing the accountability of TNCs is illustrated with the Nigerian experience of oil-industry legislation reform. Findings: The specific context of the experiences of developing countries in Africa on the operations of TNCs particularly commends the need and expedience to create an international legal regime for ensuring the accountability of TNCs. Originality/value: Mainstream research in this area has focused mainly on self and voluntary models of regulation and accountability that have privileged the legal fiction of the corporate status of TNCs. This article departs from that model to argue for an enforceable model of TNC accountability based on an international mechanism.


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