A Brief Analysis on Why the National Initiatives are Inevitably Insufficient to Curb Multinational Corporations Cover Image

Çok Uluslu Şirketlerin Kontrolünde Ulusal Hükümetlerin İsteksizliği Üzerine Kısa Bir Değerlendirme
A Brief Analysis on Why the National Initiatives are Inevitably Insufficient to Curb Multinational Corporations

Author(s): Mehmet Özyürek
Subject(s): Supranational / Global Economy, Business Economy / Management, Business Ethics
Published by: Bartın Üniversitesi, Sosyal Bilimler Enstitüsü
Keywords: Multinational corporations; business and human rights; globalisation; corporate regulation; corporate responsibility;

Summary/Abstract: Corporations have been named as the key economic actors in the globalised world. Most countries find themselves dominated by major multinational corporations. Even though corporations create many positive outcomes for national economies, they possess a myriad of negative impacts on people, especially on employees. Yet, it is not easy to reduce these negative impacts via traditional/national regulatory strategies since many such corporations carry out their operations, either directly, or indirectly, through their subsidiaries, doing so across several countries, whilst others conduct their operations in the midst of complex supply chains that are located beyond national borders. This situation makes corporations transnational actors that may not be controlled by any single domestic regulation. However, why do not individual states regulate such companies sufficiently in their own country through the patchwork of domestic regulations? Are they incapable? Or are they merely reluctant? In addition to answer these questions the following paper shall briefly examine why national governments are unenthusiastic to play an active role in terms of corporate regulation.

  • Issue Year: 3/2018
  • Issue No: 2
  • Page Range: 41-55
  • Page Count: 15
  • Language: Turkish