International Business under Adversity

International Business under Adversity

A Role in Corporate Responsibility, Conflict Prevention and Peace

Edited by Gabriele G.S. Suder

What is the role of international business in this dilemma? How and why do international corporations maximize value beyond core strategy and partners through corporate responsibility? This informative and accessible resource expands the readers’ understanding of the ways in which profit maximization, value creation and community benefit interconnect. How to respect the wider business settings and communities, the environment and encourage peace? Is this just another dream? This book clearly provides a starting point for upstream mitigation, in which collective action allows disruption to be avoided at its very roots. It shows the way into responsible business, as a downright condition for an enlightened self-interest for all parties to pursue.

Chapter 2: Human Rights and Multinational Corporations: The Global Compact and Continuing Evolution

David Atkinson and Richard Pierre Claude

Subjects: business and management, corporate governance, international business, economics and finance, corporate governance, politics and public policy, terrorism and security


David Atkinson and Richard Pierre Claude 2.1 INTRODUCTION The intersection of two important global trends – the advancement of human rights norms with its broad menu of socio-economic and political standard, and the emergence of a globalized economy owing largely to the power and influence of multinational corporations – offers both serious conflict and, at the same time, potential to resolve such conflict. In the context of modern history, the concept of human rights has captured the attention of individuals and groups around the world in the aftermath of World War II. Historian Kenneth Cmiel, who has written extensively on human rights, captures the essence of its modern transition: Few political agendas have seen such a rapid and dramatic growth as that of “human rights.” Prior to the 1940s, the term was rarely used. There was no sustained international movement in its name. There were no non-governmental organizations (NGOs) with a global reach to defend its principles. There was no international law crafted to protect our human rights. By the 1990s, however, you couldn’t escape it (Cmiel, 2004, p. 117). The adoption of the United Nations Universal Declaration of Human Rights in 1948 signaled the modern development of human rights. Since that time, their appeal has reached around the world offering aid, protection and assistance to numerous types of human causes. Traditionally, the struggle over human rights, particularly the effort for their recognition and protection, has been within the political domain defined primarily by the...

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