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The Multinational Corporation and Global Governance: Modelling Global Public Policy Networks

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  • David Detomasi

Abstract

Globalization has increased the economic power of the multinational corporation (MNC), engendering calls for greater corporate social responsibility (CSR) from these companies. However, the current mechanisms of global governance are inadequate to codify and enforce recognized CSR standards. One method by which companies can impact positively on global governance is through the mechanism of Global Public Policy Networks (GPPN). These networks build on the individual strength of MNCs, domestic governments, and non-governmental organizations to create expected standards of behaviour in such areas as labour rights, environmental standards, and working conditions. This article models GPPN in the issue area of CSR. The potential benefits of GPPN include better overall coordination among industry and government in establishing what social expectations the modern MNC will be expected to fill. Copyright Springer Science+Business Media, Inc. 2007

Suggested Citation

  • David Detomasi, 2007. "The Multinational Corporation and Global Governance: Modelling Global Public Policy Networks," Journal of Business Ethics, Springer, vol. 71(3), pages 321-334, March.
    • Handle: RePEc:kap:jbuset:v:71:y:2007:i:3:p:321-334
    DOI: 10.1007/s10551-006-9141-2
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    References listed on IDEAS

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    1. Dam, Kenneth W., 2001. "The Rules of the Global Game," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226134932, September.
    2. Milner, Helen V. & Yoffie, David B., 1989. "Between free trade and protectionism: strategic trade policy and a theory of corporate trade demands," International Organization, Cambridge University Press, vol. 43(2), pages 239-272, April.
    3. Braithwaite,John & Drahos,Peter, 2000. "Global Business Regulation," Cambridge Books, Cambridge University Press, number 9780521784993.
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