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Multinational corporations and their Human Rights violations: the quest for a legally binding treaty

The rise to power of multinational corporations (MNCs) during the era of globalisation has resulted in their establishment as formidable players in the international arena. In their pursuit for profit maximisation, MNCs tend to operate in the developing world where they are often involved or implica...

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Main Author: Torr, Daniel
Other Authors: Woolaver, Hannah
Format: Thesis
Language:Eng
Published: Department of Public Law 2024
Subjects:
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access_status_str Open Access
author Torr, Daniel
author2 Woolaver, Hannah
author_browse Torr, Daniel
Woolaver, Hannah
author_facet Woolaver, Hannah
Torr, Daniel
author_sort Torr, Daniel
collection Thesis
description The rise to power of multinational corporations (MNCs) during the era of globalisation has resulted in their establishment as formidable players in the international arena. In their pursuit for profit maximisation, MNCs tend to operate in the developing world where they are often involved or implicated in human rights violations. As the current corporate social responsibility (CSR) initiatives aimed at addressing global corporate abuses are non-binding on MNCs, the UN has initiated a treaty-drafting process with the aim to adopt a business and human rights (BHR) treaty. Once signed and ratified by States, this treaty will impose direct legally binding obligations on MNCs vis-à-vis universal human rights standards. This development has resulted in much controversy and disagreement amongst States, with predominantly industrialised States opposing this treaty's adoption. Consequently, the question is whether implementing a BHR treaty is justified. Providing an answer to this question requires a two-fold analysis. First, whether a BHR treaty is necessary in order to end the impunity of MNCs and second, whether adopting this treaty is politically feasible.
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language Eng
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license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository
publishDate 2024
publishDateRange 2024
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source_str UCTD — University of Cape Town Open Access Repository
spelling oai:open.uct.ac.za:11427/40640 Multinational corporations and their Human Rights violations: the quest for a legally binding treaty Torr, Daniel Woolaver, Hannah Public Law The rise to power of multinational corporations (MNCs) during the era of globalisation has resulted in their establishment as formidable players in the international arena. In their pursuit for profit maximisation, MNCs tend to operate in the developing world where they are often involved or implicated in human rights violations. As the current corporate social responsibility (CSR) initiatives aimed at addressing global corporate abuses are non-binding on MNCs, the UN has initiated a treaty-drafting process with the aim to adopt a business and human rights (BHR) treaty. Once signed and ratified by States, this treaty will impose direct legally binding obligations on MNCs vis-à-vis universal human rights standards. This development has resulted in much controversy and disagreement amongst States, with predominantly industrialised States opposing this treaty's adoption. Consequently, the question is whether implementing a BHR treaty is justified. Providing an answer to this question requires a two-fold analysis. First, whether a BHR treaty is necessary in order to end the impunity of MNCs and second, whether adopting this treaty is politically feasible. 2024-10-29T10:07:25Z 2024-10-29T10:07:25Z 2024 2024-07-09T13:08:48Z Thesis / Dissertation Masters http://hdl.handle.net/11427/40640 Eng application/pdf Department of Public Law Faculty of Law
spellingShingle Public Law
Torr, Daniel
Multinational corporations and their Human Rights violations: the quest for a legally binding treaty
thesis_degree_str Master's
title Multinational corporations and their Human Rights violations: the quest for a legally binding treaty
title_full Multinational corporations and their Human Rights violations: the quest for a legally binding treaty
title_fullStr Multinational corporations and their Human Rights violations: the quest for a legally binding treaty
title_full_unstemmed Multinational corporations and their Human Rights violations: the quest for a legally binding treaty
title_short Multinational corporations and their Human Rights violations: the quest for a legally binding treaty
title_sort multinational corporations and their human rights violations the quest for a legally binding treaty
topic Public Law
url http://hdl.handle.net/11427/40640
work_keys_str_mv AT torrdaniel multinationalcorporationsandtheirhumanrightsviolationsthequestforalegallybindingtreaty