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Corporate Responsibility: Results of a Fact-Finding Mission on Private Initiatives

Oecd

No 2001/2, OECD Working Papers on International Investment from OECD Publishing

Abstract: In the ongoing public debate on globalisation, concerns have been expressed about the economic, social and environmental impacts of deepening international trade and investment ties and about the activities of the multinational enterprises. These concerns focus on a variety of issues including labour relations, human rights, environment, corruption, control of technology and consumer protection. The high profile of this debate means that most multinational enterprises now pay close attention to public perceptions of their activities in the societies in which they operate. Globalisation has also brought with it additional management challenges for firms in area that has come to be called “legal compliance”. Multinational enterprise are often present in dozens of jurisdictions covering many legal and regulatory areas. These companies need to keep themselves informed about the regulations affecting them and must take steps to ensure that they comply with law and regulation. Compliance ...

Date: 2001-02-01
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