Corporate Accountability in Southeast Asia: National Action Plans for Responsible Business Conduct under International Law

Author:Mahdev Mohan
Pages:9-10
SUMMARY

Beyond transnational litigation which seeks to hold corporations accountable for their misconduct overseas through judicial recourse, the risk of human rights abuses should be mitigated by embedding good practices locally through domestic laws and policies. The United Nations proposed Guiding Principles for transnational and other businesses for this purpose in 2011. It has been suggested that... (see full summary)

 
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Corporate Accountability in Southeast Asia 9
VIII JEAIL 1 (2015)
Mahdev Mohan
Beyond transnational litigation which seeks to hold corporations accountable for
their misconduct overseas through judicial recourse, the risk of human rights abuses
should be mitigated by embedding good practices locally through domestic laws and
policies. The United Nations proposed Guiding Principles for transnational and
other businesses for this purpose in 2011. It has been suggested that National Actions
Plans should give effect, or at the very least policy coherence, to the international
standards enshrined in the Guiding Principles. This article argues that, properly
devised, such plans are invaluable, and can help to reinforce regional imperatives
under international law. In Southeast Asia, particularly, the prospect of corporate
accountability should be measured by existing or emergent regulatory norms in
ASEAN, a regional bloc that aims to achieve parity of rules and regulations across the
ten countries through economic integration.
Keywords
UNGPs, Corporate Social Responsibility, Human Rights, NAPs, Transnational
Litigation, ASEAN.
Assistant Professor of Law and Director of Asian Business and Rule of Law initiative at Singapore Management
University. LL.B.(NUS), JSM(Stanford). ORCID: http://orcid.org/0000-0002-8214-4256. The author may be contacted
at: mahdevm@smu.edu.sg / Address: 60 Stamford Road, Level 4, Singapore 178900
DOI: http://dx.doi.org/10.14330/jeail.2015.8.1.01
Corporate Accountability
in Southeast Asia: National
Action Plans for Responsible
Business Conduct under
International Law
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