"Regulating Multinationals in Developing Countries"added to ReportBuyer.com

Oct. 26, 2011 - PRLog -- ReportBuyer.com has added a new report http://www.reportbuyer.com/go/ASH00553

Summary of Report  -

In Regulating Multnationals in the Developing World, Edwin Mujih explores the difficulties associated with regulating multinational companies operating in developing countries. The author highlights the need to establish an international legally binding framework for MNCs to ensure that they operate in a socially responsible manner in developing countries. A pervasive theme of the book is that the notion of corporate social responsibility is only meaningful where corporate behaviour can be legally regulated.

Dr Mujih's analysis reveals that the existing mechanisms for controlling the behaviour of huge multinational entities are of normative force only and that these are particularly inadequate in relation to protecting local communities and the environment where, for example, multinationals in extractive industries are operating in developing countries.

The book features a study of the Chad and Cameroon Oil and pipeline project. The story of this project highlights the regulatory problems associated with multinationals operating in developing countries that have neither the capacity nor the will to effectively regulate those operating within their national borders. The author has evaluated the project in terms of compliance by the parties with their social and environmental obligations, 8 years on. He has found that, despite the controversy surrounding this project in its incipient stages and the inadequacies of the regulatory regime put in place, the system that was put in place following huge opposition from the communities affected by the project and from NGOs is a novelty worthy of attention and could stand as a model for similar projects in developing countries.  

This first title in Gower's Corporate Responsibility Series to approach CSR from a legal perspective provides insight not just into the complexity surrounding efforts to regulate multinationals operating in countries with weak regulatory regimes, but also into the fundamental nature of multinational corporations and the debate about different notions of CSR itself.

Regulating Multinationals in Developing Countries: A Conceptual and Legal Framework for Corporate Social Responsibility, is available at:
http://www.reportbuyer.com/business_books/law_regulation/...

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