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International Democracy and the WestThe Roles of Governments, Civil Society, and Multinational Business$
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Richard Youngs

Print publication date: 2004

Print ISBN-13: 9780199274468

Published to Oxford Scholarship Online: January 2005

DOI: 10.1093/0199274460.001.0001

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International Business and Democracy

International Business and Democracy

Chapter:
(p.85) 3 International Business and Democracy
Source:
International Democracy and the West
Author(s):

Richard Youngs

Publisher:
Oxford University Press
DOI:10.1093/0199274460.003.0003

This chapter examines the evolving positions and actions of multinational corporations in relation to democratic norms. The focus on core rights issues under the Corporate Social Responsibility agenda was stronger than concerns over democratic trends. Many companies prioritised the autocratic stability and autonomy of elite policymaking structure from civil society pressure, and new investments were not linked to improvements in political freedom.

Keywords:   democracy, multinational corporations, democratic reform, stability

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