Corporate Actors In Global Governance

The nature of global governance is changing, as are the standards by which we judge its legitimacy. We are witnessing a gradual and partial shift from inter-state co-operation to more complex forms of governance, involving participation by transnational actors, such as NGOs, party associations, philanthropic foundations and corporations.

What part do/should corporate actors play in global governance? With regard to concerns over such issues as public health, education, human rights, and the environment, they arguably are influential. But what is the actual nature of their engagement, and what motivates it? What challenges do they face when they assume more responsibility in these spheres? Are they responsive to the normative environments in which they operate?In answering these questions, the authors of Corporate Actors in Global Governance offer an empirically rich picture of the often contentious governance roles of corporations in today's global political economy.

This book represents a conference organized by the Social Science Research Centre Berlin (WZB), the Alfred Herrhausen Society, The International Forum of the Deutsche Bank, and the Centre for the Analysis of Risk and Regulation (CARR) at the London School of Economics and Political Science (LSE) in November 2004 in London. Changes in statehood are one of the main indicators of a shift in the focus of governance onto the global level. This is manifested most clearly in the emergence and growing importance of actors that are no longer tied to national or state contexts in the traditional way, as with national parliaments, government ministries, or administrative bodies. The age of global governance is an age of international actors, such as the WTO, and of non-state actors, such as non-governmental organizations (NGOs) and transnational corporations (TNCs). The aim of the conference was to take a closer look at these non-state actors, the scope of their activities, the way they operate, and the extent to which they are perhaps more appropriately classified as "governance actors", given their function as regulators and standard setters, tasks more traditionally associated with the state.

Global Governance describes on a normative level how companies can be responsible and sustainable actors in the international sphere. In times of globalization, failing financial systems and gridlocked political structures, these concepts gain critical importance. Maxim Baer revisits the discussion, leaves the traditional “international relations” perspective behind and examines leadership strategies of top-executives in large companies that enable firms to be part of Global Governance structures. A second focus lies on a possible impact of national culture on business leaders and their respective attitude towards elements of Global Governance. A German-French comparison has been conducted.

The Role of Business in Global Governance offers an empirically rich analysis of the new political role of corporations in the co-performance of governance functions beyond the state. Within comparative case studies, potential explanations of the political role of transnational corporations are systematically tested.

This book brings attention to the growing complexity of managing multinational firms in light of the rise to significant power of non-governmental organizations such as Amnesty International and the anti-WTO coalition. It also considers the renewed public doubts about MNE legitimacy as the free-market model comes under greater criticism, especially in emerging markets. The book adds very useful value in illuminating situations in which companies are facing increased impact of pressure groups as well as governments in their international business. The menu of papers really gives the reader some food for thought, and specifically for thinking about how more acceptable governance of MNEs can be pursued in the 21st century. Robert Grosse, The Garvin School of International Management, US In recent years a number of excellent books have been published on the failure of corporate governance. However, nothing compares with Sushil Vachani s Transformations in Global Governance, a gripping account of global corporate governance provided by recognized IB scholars. Subhash C. Jain, University of Connecticut, US An excellent book for scholars, business leaders, and policymakers that makes good on its title Transformations in Global Governance. Sushil Vachani and the book s contributors identify how the governance structures of organizations are being transformed not just shifted or adjusted. NGOs, the WTO, multilateral institutions, multinationals, host governments and many other stakeholders have new roles and rules that are redefining how one governs a successful and socially responsible global enterprise. A must read for those intending to lead their organization's change efforts in our global economy. Stephen A. Stumpf, Villanova University, US and co-editor of Handbook on Responsible Leadership and Governance in Global Business The world of multinational enterprises is changing dramatically. Their complex and dynamic international context presents them with special challenges threatening their survival on one hand, and presenting them with unprecedented opportunities on the other. In this volume, international experts analyze different aspects of the transformations in global governance: ideological variations, trade governance, competition policy and the rise of civil society. They discuss the implications for multinational government relations, multinationals self-governance, relations with NGOs and issues of competitiveness. The book focuses on two forces integral to the process of globalization. The first is the evolution of inter-governmental organizations, such as the World Trade Organization, and various agreements pertaining to trade, environment, labor, competition and investment. The other equally important factor is the rise of non-governmental organizations (NGOs), which have a significant impact on the strategies of multinational enterprises, governments and inter-governmental organizations. The contributors explore these forces in chapters detailing shifts in governance and their implications for multinationals, governments and society in general. This cohesive examination of an under-analyzed area will appeal to students and scholars of international business, and other researchers in management schools, think tanks, management consulting companies, government agencies, inter-governmental organizations, and NGOs.

This collection presents Thomas G. Weiss' most important contributions to debates on UN Reform, non-state actors and global governance and humanitarian action in a turbulent world.

Over the past two decades, the role of business in global governance has become increasingly topical. Transnational business associations are progressively more visible in international policy debates and in intergovernmental institutions, and there is a heightened attention given to global policy-making in national and international business communities. This text examines and explains the multiple modes of engagement between business and global governance; it presents a variety of theoretical approaches which can be used to analyse them, along with empirical illustrations. Featuring a range of leading US and European scholars, it is divided into three parts that summarize different modes of engagement. Each section is illustrated by two or three studies that represent a distinct theoretical take on the issue with empirical illustrations. The book examines: Business as master and purpose of global governance Business as subject and opponent to global governance Business as partner and facilitator of global governance This book will be of interest to students and scholars of Business Studies, International Relations, International Politics and International Political Economy, as well as for practitioners – in the public and private sector.