An Interdisciplinary and Comparative Examination
Corporations, Globalisation and the Law series
This book examines the tort liability of multinational enterprises (MNEs). Although the discussion of liability has increased in recent decades, the laws that apply to MNEs liability cases are not sufficiently developed to offer a satisfactory solution to MNEs’ tort problems. The reason for the failure to find a solution to the tort liability problems can be found in the lack of understanding of the concept of MNEs in interdisciplinary studies. Accordingly, the statement of the book is that there is a conflict between the understandings of basic features of MNEs in legal studies and the realities of the modern concept of MNEs. Thus this book aims to provide interdisciplinary examination of MNEs and test the existing liability rules to see whether they are adequate to solve the problems and, as a result, it aims to propose solutions to the liability problems in the context of MNEs. Overall, there is a quest to discover if legal theories applied to corporate groups’ liability are applicable to modern MNEs and, if not, where potential solutions may lie. Background to the Concept of MNE The recent movement in world trade is opening up domestic markets for investors from other countries. States are liberalizing their markets by offering generous and specific investment incentives designed to attract investors. International economic theory claims that overseas investment is good for MNEs for a number of profit-creating benefits while it is good for host countries as the capital and technology brought by MNEs is crucial for the economic...