Digital Transformation and Human Rights Responsibilities: Strategies and Challenges for Multinational Corporations in Developing Countries

Linhua Hao ()
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Linhua Hao: Southwest University of Political Science & Law

A chapter in Proceedings of the 2024 2nd International Conference on Finance, Trade and Business Management (FTBM 2024), 2024, pp 28-39 from Springer

Abstract: Abstract While digital transformation promotes global economic development, it also poses new challenges for MNEs in terms of their responsibilities and human rights protection in developing countries. This article focuses on how MNEs should protect the privacy and data rights of users in developing countries in the context of rapid digitalization. The main challenges faced include the digital divide in developing countries, inadequate regulatory systems, lack of awareness among users about privacy protection, pressure on MNEs in terms of legal compliance, social responsibility, and corporate reputation, as well as differences in international and local legal environments. Through analyzing both positive and negative cases, this article proposes several coping strategies: establishing a sound internal governance mechanism, utilizing technological innovations to enhance user privacy protection, and building bridges of cooperation among multiple stakeholders. These measures will help MNEs better fulfill their responsibilities for human rights protection during digital transformation, achieving harmonious progress in both digital advancement and human rights protection.

Keywords: MNEs; Human Rights; Digital Transformation; Privacy; Developing Countries (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-546-1_5

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DOI: 10.2991/978-94-6463-546-1_5

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