Chapter 11: SWFs and human rights protection
This chapter examines how sovereign wealth funds may pursue human rights principles through shareholder activism and explores the complicity and due diligence notions of SWFs under international norms. The chapter also investigates whether the standard of care should be the same or different from the highest standard utilized by state-owned enterprises and addresses the concept of ‘double contradiction’ in SWF activities: the potential conflict between pursuing rights-based objectives versus profit maximization. Positing that SWFs are state actors, the chapter concludes that the state’s legal obligations under international law must clearly trump the profit mandates of its SWFs.
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.