Making Global Self-Regulation Effective in Developing Countries (2007) Oxford University Press
Full Title: Making Global Self-Regulation Effective in Developing Countries
Authors: Ngaire Woods and Dana L. Brown
Type: Book
Abstract
As companies 'go global' they increasingly use factories and facilities spread across the world. But who regulates their activities in far flung corners of the world economy? In many sectors such as textiles and apparel, chemicals, and forestry, the answer is that companies regulate their own behaviour through codes and standards which they agree among themselves. The recent growth in corporate self-regulation of labour, environmental and financial practices has attracted the attention of scholars who have detailed the number and content of self-regulatory efforts in various sectors. Missing so far, however, has been an analysis of the effectiveness and impact of self-regulation. Does self-regulation actually work and under what conditions is it most likely to be effective? The answer to this question is particularly important for developing countries where corporate self-regulation is often seen as substitute for weak governance structures.
Author Bios
Professor Ngaire Woods is the inaugural Dean of the Blavatnik School of Government and Professor of International Political Economy. Her research focuses on global economic governance, the challenges of globalization, global development, and the role of international institutions. She founded and is the Director of the Global Economic Governance Programme. She is co-founder (with Robert O. Keohane) of the Oxford-Princeton Global Leaders Fellowship programme. She lead the creation of the Blavatnik School of Government at Oxford University and, before her appointment as Dean, served as the School’s Academic Director. For more information about Professor Woods, please see her people page
Dana L. Brown is a pecialist in corporate social responsibility strategy and implementation, particularly in emerging markets. Expertise in Russian business, global political economy, global strategy and geo-politics. She is based at Emlyon Business School. Read her biography here
