Overview
- Offers a systematic overview of the problem of applying human rights law to business entities
- Analyzes why the Alien Tort Statute can no longer serve as a vehicle for corporate human rights violations.
- Discusses existing legal initiatives and their shortcomings with regard to business and human rights
- Proposes a new approach to corporate human rights compliance
- Combines business and human rights in a mutually beneficial fashion
- Promotes the development of business best practices with regard to human rights
- Develops new ideas for an international oversight system for corporate human rights compliance
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Table of contents (8 chapters)
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Front Matter
Keywords
About this book
This book investigates how human rights law can be applied to corporate entities. To date there have been insufficient international legal mechanisms to bring corporations to justice for their misconduct abroad. The book argues that rather than trying to solve the problem locally, an international approach to corporate human rights compliance needs to be sought to prevent future corporate human rights abuses.
Implementing effective and enforceable human rights compliance policies at corporate level allows businesses to prevent negative human rights impacts such as loss of revenue, high litigation costs and damage to reputation.
By considering human rights to be an inherent part of their business strategy, corporations will be well equipped to meet national and regional business and human rights standards, which will inevitably be implemented in the next few years.
This approach, in turn, also furthers the fundamental aim of international human rights law.
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Authors and Affiliations
Bibliographic Information
Book Title: Human Rights in Transnational Business
Book Subtitle: Translating Human Rights Obligations into Compliance Procedures
Authors: Julia Ruth-Maria Wetzel
DOI: https://doi.org/10.1007/978-3-319-31325-2
Publisher: Springer Cham
eBook Packages: Law and Criminology, Law and Criminology (R0)
Copyright Information: Springer International Publishing Switzerland 2016
Hardcover ISBN: 978-3-319-31324-5Published: 09 May 2016
Softcover ISBN: 978-3-319-81012-6Published: 27 May 2018
eBook ISBN: 978-3-319-31325-2Published: 28 April 2016
Edition Number: 1
Number of Pages: XVIII, 265
Topics: Human Rights, Corporate Social Responsibility, International Economic Law, Trade Law, Globalization