SUPPORTING HUMAN RIGHTS THROUGH TNC GOVERNANCE: The Necessity of a Global Response to a Global Challenge
SUPPORTING HUMAN RIGHTS THROUGH TNC GOVERNANCE: The Necessity of a Global Response to a Global Challenge

Summary/Abstract: This paper discusses the topical issue of making transnational corporations (TNCs) more aware of the human rights aspects of their entrepreneurial activity. The issue is understood primarily as a multi-level, multi-actor governance matter. The paper starts with a brief overview of major forms of human rights abuses committed by TNCs. The following sections deal with corporate, state and international levels of governance in order to evaluate the appropriateness and effectiveness of existing tools, to identify advantages and disadvantages of their current shape and usage and to suggest alternatives for their future improvement. As major drawbacks are seen in the lack of legally binding international rules, the obstacles that hinder the evolution of international norms in this area are also examined. In the end, an outline of possible alternatives of future developments is provided.

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