Research Gateway

Abstract

The principal aim of this project is to highlight the evolving concepts and ideas of Corporate Human Rights Responsibility (CHRR) under international law and how it relates to other concepts of corporate responsibility. The point of departure is the observation that there is the need to close an existing impunity gap of Western and emerging market MNCs’ complicity in Human Rights violations committed in the developing world. The key issue with CHRR is the absence of a binding regime of binding norms, paired with the observation that implementation and enforcement issues seriously hamper any such development. Based on related initiatives such as CSR and Good Corporate Practice it calls for an approach which is borne by a multitude of stakeholders, from consumers, employees to executive directors. Thus, its main research objective of this paper is to examine the concept of ‘Corporate Human Rights Responsibility’ in the context of multi-nationality in emerging markets and thereby to assess this notion through the prism of the legal dimension.