The UN Global Compact: The Challenge and the Promise

Williams, Oliver F.

doi:10.1007/978-3-540-70818-6_20

Cited by 23 publications

(37 citation statements)

References 12 publications

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“…Such commitment to CC is indicated by means of participation in CC initiatives such as the United Nations Global Compact (Williams, 2004). In response to the resulting legitimacy problems, corporate governance aims at the broad legitimization of corporate conduct through observing the demands of diverse stakeholders.…”

Section: Democratic Cgmentioning

confidence: 99%

Democratizing Corporate Governance

2012

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Section: Democratic Cgmentioning

confidence: 99%

Democratizing Corporate Governance

2012

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“…According to Annan, shared values are necessary for the generation of stable environment for a world market since they prevent businesses from the backlashes of protectionism, populism, fanaticism, and terrorism. After the 1999 World Economic Forum in Davos, nine principles were formulated by Annan and a group of business leaders, and the tenth principle against corruption was added in June 2004 (Williams, 2007). More than 10,000 participants spread across 145 countries are involved in the Global Compact (UNGC, 2014a).…”

Section: The United Nations Global Compactmentioning

confidence: 99%

“…The principles are classified into four cornerstones: human rights, labor, environment, and anticorruption. The Universal Declaration of Human Rights (1948), the Rio Declaration on Environment and Development (1992), the International Labour Organization's Fundamental Principles and Rights at Work (1998), and the UN Convention against Corruption (2003) are the sources of these principles (Kell & Ruggie, 1999;Ruggie, 2001;Williams, 2007). The UN Global Compact includes 10 principles and these principles are grouped into four overarching areas: human rights, labor, environment, and anticorruption (Table 1).…”

Section: The United Nations Global Compactmentioning

confidence: 99%

How UN Global Compact Can Contribute Corporate Accountability and Sustainability?

Çalışkan¹

2015

The UN Global Compact: Fair Competition and Environmental and Labour Justice in International Markets

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If you would like to write for this, or any other Emerald publication, then please use our Emerald for Authors service information about how to choose which publication to write for and submission guidelines are available for all. Please visit www.emeraldinsight.com/authors for more information. About Emerald www.emeraldinsight.comEmerald is a global publisher linking research and practice to the benefit of society. The company manages a portfolio of more than 290 journals and over 2,350 books and book series volumes, as well as providing an extensive range of online products and additional customer resources and services.Emerald is both COUNTER 4 and TRANSFER compliant. The organization is a partner of the Committee on Publication Ethics (COPE) and also works with Portico and the LOCKSS initiative for digital archive preservation.

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“…Although over 3000 companies worldwide have joined, the greater majority of businesses around the world are not participants. 31 Those who choose to join are not strictly obliged to conform since practices of ethics and morality appear to differ from country to country, and especially given that the UN has yet to prove itself a trusted and able global governing body.…”

Section: The Un Global Compactmentioning

confidence: 99%

Telling Tales of Conformity and Mutual Interests

Andrews¹

2011

International Journal

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recognized overarching authority to determine who gets what, when, and how. This has resulted in the "global governance" narrative, according to which certain collective norms and practices are perceived to form the basis on which states and nonstate actors interact. 2 In contrast to this "governance" is government, which is seen to dwell more on politics and some kind of binding decisions regarding norms, principles, and procedure. This article analyzes the limits or deficiencies of such liberal normative claims and also intends to shed light on the applicability of international norms at both the international and domestic levels. In this context, the article argues that the liberal order, while very appealing and modest, does not sufficiently explain states' behaviour (especially that of powerful ones) at the international level. Inasmuch as the formation of interdependences, regimes, and transnational organizations are on the ascendency, states (at least for now) continue to hold centrality in world affairs, and powerful states often determine how and to where the power pendulum swings. In fact, much of what goes on in the international system is dominated and controlled by these states, which often determine the extent to which international organizations and other transnational networks influence the system. This phenomenon leads to the marginalization of other states that are expected to be "equal" members of these international organizations. Hence, mutual interest does not often translate into mutual benefits. This, I will argue, is the primary limit of a (neo)liberal international order. "Governance without government" refers to Kenneth Waltz's third image-the condition where there is no arbiter to ensure that there is "real" as opposed to "imagined" conformity to rules, principles, or norms of behaviour. This has implications for "international hierarchy" as well. For the purpose of this discussion, liberal international organizations, institutions, and regimes, all with normative underpinnings, will be used interchangeably. And "liberal" here encompasses regime theory, (neo)liberal institutionalism, and the English school, as well as aspects of constructivism-especially those constructivists who share the ontology of a socially constructed global order (such as Alexander Wendt, John Ruggie, Martha Finnemore, and Kathryn Sikkink). This conglomeration of theories can be problematic but for analytical purposes I insist and will show that all of these theories share common ground. I shall use the European Union to buttress the statist critique and the United Nations global compact to illuminate the ethical challenge of a liberal order.

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The UN Global Compact: The Challenge and the Promise

Cited by 23 publications

References 12 publications

Democratizing Corporate Governance

Democratizing Corporate Governance

How UN Global Compact Can Contribute Corporate Accountability and Sustainability?

Telling Tales of Conformity and Mutual Interests

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