Industry-Specific Multi-Stakeholder Initiatives That Govern Corporate Human Rights Standards: Legitimacy assessments of the Fair Labor Association and the Global Network Initiative
| Autor: | Dorothée Baumann-Pauly, Auret van Heerden, Justine Nolan, Michael Samway |
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| Rok vydání: | 2016 |
| Předmět: |
Value (ethics)
Economics and Econometrics Association (object-oriented programming) media_common.quotation_subject Certification Public administration CONTEST Arts and Humanities (miscellaneous) 0502 economics and business Global network 050602 political science & public administration Economics Business and International Management Legitimacy media_common Human rights business.industry Corporate governance 05 social sciences Public relations General Business Management and Accounting Variety (cybernetics) 0506 political science Accountability Stewardship Business ethics business Law 050203 business & management |
| Zdroj: | Journal of Business Ethics. 143:771-787 |
| ISSN: | 1573-0697 0167-4544 |
| Popis: | Multi-stakeholder initiatives (MSIs) are increasingly used as a default mechanism to address human rights challenges in a variety of industries. MSI is a designation that covers a broad range of initiatives from best-practice sharing learning platforms (e.g., the UN Global Compact) to certification bodies (e.g., the Forest Stewardship Council) and those targeted at addressing governance gaps (e.g., the Fair Labor Association). Critics contest the legitimacy of the private governance model offered by MSIs. The objective of this paper is (1) to theoretically develop a typology of MSIs, and (2) to empirically analyze the legitimacy of one specific type of MSI, namely industry-specific MSIs. We argue that industry-specific MSIs that set out to govern corporate behavior have great potential to develop legitimacy. We analyze two industry-specific MSIs—the Fair Labor Association and the Global Network Initiative—to get a better understanding of how these MSIs formed, how they define and enforce standards, and how they seek to ensure accountability. Based on these empirical illustrations, we discuss the value of this specific MSI model and draw implications for the democratic legitimacy of private governance mechanisms. |
| Databáze: | OpenAIRE |
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