Corporate accountability in Southeast Asia: National action plans for responsible business conduct under International Law
Publication Type
Journal Article
Publication Date
3-2015
Abstract
Beyond transnational litigation which seeks to hold corporations accountable for their misconduct overseas through judicial recourse, the risk of human rights abuses should be mitigated by embedding good practices locally through domestic laws and policies. The United Nations proposed Guiding Principles for transnational and other businesses for this purpose in 2011. It has been suggested that National Actions Plans should give effect, or at the very least policy coherence, to the international standards enshrined in the Guiding Principles. This article argues that, properly devised, such plans are invaluable, and can help to reinforce regional imperatives under international law. In Southeast Asia, particularly, the prospect of corporate accountability should be measured by existing or emergent regulatory norms in ASEAN, a regional bloc that aims to achieve parity of rules and regulations across the ten countries through economic integration.
Keywords
UNGPs;Corporate Social Responsibility;Human Rights;NAPs;Transnational Litigation;ASEAN
Discipline
Asian Studies | Business Law, Public Responsibility, and Ethics | Transnational Law
Publication
JOURNAL OF EAST ASIA AND INTERNATIONAL LAW
Volume
8
Issue
1
First Page
9
Last Page
28
ISSN
1976-9229
Citation
MOHAN, Mahdev.
Corporate accountability in Southeast Asia: National action plans for responsible business conduct under International Law. (2015). JOURNAL OF EAST ASIA AND INTERNATIONAL LAW. 8, (1), 9-28.
Available at: https://ink.library.smu.edu.sg/sol_research/1773