Institutionalizing global governance : the role of the United Nations Global Compact
Rasche, Andreas and Gilbert, Dirk Ulrich. (2012) Institutionalizing global governance : the role of the United Nations Global Compact. Business Ethics: A European Review, Vol.21 (No.1). pp. 100-114. ISSN 09628770Full text not available from this repository.
Official URL: http://dx.doi.org/10.1111/j.1467-8608.2011.01642.x
The United Nations Global Compact – which is a Global Public Policy Network advocating 10 universal principles in the areas of human rights, labor standards, environmental protection, and anticorruption – has turned into the world's largest corporate responsibility initiative. Although the Global Compact is often characterized as a promising way to address global governance gaps, it remains largely unclear why this is the case. To address this problem, we discuss to what extent the initiative represents an institutional solution to exercise global governance. We suggest that new governance modes, which have arisen in the context of globalization, often adopt a multiactor, multilevel, and network-based approach. We then analyze how far the Global Compact's institutional design reflects this multiactor, multilevel, and network-based steering mode. Drawing on this discussion, we offer suggestions regarding how the initiative can be further developed.
|Item Type:||Journal Article|
|Subjects:||J Political Science > JZ International relations|
|Divisions:||Faculty of Social Sciences > Warwick Business School > International Centre for Governance & Public Management
Faculty of Social Sciences > Warwick Business School
|Library of Congress Subject Headings (LCSH):||International cooperation, Globalization, International relations, Global Compact|
|Journal or Publication Title:||Business Ethics: A European Review|
|Publisher:||John Wiley & Sons Ltd.|
|Number of Pages:||15|
|Page Range:||pp. 100-114|
|Access rights to Published version:||Restricted or Subscription Access|
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