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The Constitutionalization of the Global Corporate Sphere?$
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Grahame F. Thompson

Print publication date: 2012

Print ISBN-13: 9780199594832

Published to Oxford Scholarship Online: January 2013

DOI: 10.1093/acprof:oso/9780199594832.001.0001

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The Politics of the ‘Citizenly Company’ and Global Corporate Governance Reform

The Politics of the ‘Citizenly Company’ and Global Corporate Governance Reform

(p.99) 4 The Politics of the ‘Citizenly Company’ and Global Corporate Governance Reform
The Constitutionalization of the Global Corporate Sphere?

Grahame F. Thompson

Oxford University Press

This chapter takes up many of the political issues posed by the previous two chapters. Corporate social responsibility in its various guises is examined and the difference between tradition ‘corporate social responsibility’ and the ‘socially responsible enterprise’ explored. In the context of this distinction, how a legally driven reform of corporate responsibility and accountability might be organized in an international context and the limitations of this are explored. This chapter also deals with the revival of interest in the UN’s corporate human rights mechanism consequent upon John Ruggie’s important report to the UN in 2008.

Keywords:   the political company, CSR, socially responsible company, accountability, corporate governance reform, economic democracy, human rights

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