Review of International Business and Human Rights Research Papers
VerifiedAdded on 2023/01/16
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Literature Review
AI Summary
This literature review examines the complex relationship between international business and human rights, drawing on multiple academic sources. It highlights the increasing importance of corporate social responsibility (CSR) in a globalized world, emphasizing the role of multinational enterprises (MNEs) in respecting universal human rights. The review explores how international codes of conduct, such as those promoted by the UN and OECD, aim to regulate business activities and hold companies accountable for human rights infringements. It discusses the interplay between institutional settings and MNE strategies, the influence of cultural orientations on responsible management, and the impact of technological advancements and emerging markets on human rights risks. The review also addresses the significance of responsible innovation and entrepreneurial activity in protecting human rights within the context of global value chains and societal development. It concludes by underscoring the need for businesses to adapt their policies and practices in response to pressures from investors, stakeholders, and evolving market dynamics.
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