Multinational Corparate Entities: Is Corporate Social Responsibility An Inducement?

Öz

Over the past years, there have been lots of terminologies used for global corporations like multinational corporations, transnational corporations and multinational enterprises. In practice, there are no specific differences between them today[1]. Muchlinski suggested some characteristic behaviours of MNEs. Firstly, they operate their assets and control their functions across national borders[2]. Secondly, the managers of the MNEs have right to control the activities across national frontiers despite the different national identities. Thirdly, MNEs have liability to trade across national borders not only with the products but also some technical and managerial skills. Multinational enterprises choose to work with subsidiaries in the Host States. The companies are binded with the domestic company laws but the problem is which law do the belong to while they operating through their subsidiaries across the world and who will be responsible for the activities. In addition to this, there are three major areas of MNEs whose activities captured attention; issues relating to human rights, risks in international financial transactions and corporate social responsibility. In this part, corporate social responsibility will be mentioned with the legal issues of its effect on global conduct of business including international human rights law and international criminal law. Also, the question of whom or which company would be responsible for the harms cause by MNEs will be answered

Kaynakça

1. Adeyeye, A, The limitations of corporate governance in the CSR agenda, Company Lawyer, 2010
2. Grantham, R. & Rickett, C., (eds.), Corporate Personality in the 20th Century, Hart Publishing, 1998
3. Jenkins R., “Globalisation, Corporate Social Responsibility and Poverty, International Affairs, 2005
4. Joseph S., An Overview of the Human Rights Accountability of Multinational Enterprises, in Menno T. Kamminga and Saman Zia-Zarifi, Liability of Multinational Corporations under International Law, Kluwer Law International, 2002
5. Larissa van den Herik, Jernej Letnar Cernic, Regulating corporations under international law: from human rights to international criminal law and back again, Journal of International Criminal Justice, 2010
6. Muchlinski, P. T, Multinational Enterprises & The Law, Second Edition, Oxford University Press, 2010
7. Olufemi O. Amao, The foundation for a global company law for multinational corporations, International Company and Commercial Law Review, 2010
8. Parkinson, J.E., Corporate Power & Responsibility: Issues in the Theory of Company Law, Clarendon Press, 2002

9. Pedamon, C., Corporate Social Responsibility: a New Approach to Promoting Integrity and Responsibility, Company Lawyer 2010
10. Slaughter, C. M., Corporate Social Responsibility: a new perspective, Company Lawyer, 1997
11. Sornarajah, M. The International Law on Foreign Investment (2nd edition) Cambridge University Press, 2004