An ‘Instrument of Moral Persuasion’—Multinational Enterprises and International Codes of Conduct in the 1970s

Thomas Hajduk ()
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Thomas Hajduk: University of St. Gallen

A chapter in Code of Conduct on Transnational Corporations, 2019, pp 23-43 from Springer

Abstract: Abstract This paper traces the codification of international norms for multinational enterprises in three steps. First, critical views on multinational enterprises in the early 1970s (the ‘multinational dilemma’) are examined on the basis of two central UN reports. In response to these reports, negotiations on international codes of conduct started. Section 2 analyses the drafting and substance of the two most prominent codes of their time, the OECD Guidelines for Multinational Enterprises and the UN Code of Conduct on Transnational Corporations. The paper concludes with a few observations on the legacy of the codes.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:csrchp:978-3-030-10816-8_2

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DOI: 10.1007/978-3-030-10816-8_2

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