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Supervision, Controll and Reglementation of Multinational Enterprises in a Globalised World

Author

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  • von Block-Schlesier, Benjamin

    (Wirtschafsjurist aus Bonn; Forschungsgebiet: Internationale Arbeitsrechtsnormen, deren Durchsetzbarkeit und die volkswirtschaftlichen Auswirkungen)

Abstract

International enterprises can hardly be tamed by national jurisdictions. Is it therefore possible to anchor Multinational Enterprises (MNEs) in the international law system? The definition of Multinational Enterprises, their relation to international law, especially differentiated into international private law and public international law, and the necessary requirements are analysed in order to find approaches to let MNEs receive an international personality. As public- and private international law allow only very sparingly any extra­ territorial effects to measures taken by another state, the scene turns to take place within the framework of international organisations. The United Nations has not acted yet which leads to the approach of regulating MNEs through the guidelines of the Organisation for Economic Co-Operation and Development (OECD). The Guideline provides a satisfactory approach in terms of human rights, environmental protection, and competition as well as in terms of respectful behavior on the political issues of the host country. In order to close the global loophole caused by Globalisation however, the limited range of the guideline shows up.

Suggested Citation

  • von Block-Schlesier, Benjamin, 2013. "Supervision, Controll and Reglementation of Multinational Enterprises in a Globalised World," Zeitschrift für interdisziplinäre ökonomische Forschung, Allensbach Hochschule, issue 1, pages 65-71, July.
  • Handle: RePEc:ris:zfioef:0089
    as

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    More about this item

    Keywords

    Supervision; Controll; Reglementation; Multinational Enterprises;

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing
    • M51 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Firm Employment Decisions; Promotions
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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