The Multinational Corporation and Social Justice
Experiments in Supranational Governance
Bibliographic Data
| ID | 9256061 |
|---|---|
| Authors | Brent McClintock (Carthage College, corresponding author) |
| Year | 1999 |
| Volume | 57 |
| Issue | 4 |
| Pages | 507-522 |
| Publication date | 1999-12-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Review of Social Economy (JOURNAL) |
| Journal identifiers | ISSN: 0034-6764 • E-ISSN: 1470-1162 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/00346769900000019 |
| OpenAlex | W2076724283 |
| Language | EN |
| Citations received | 6 |
| References cited | 11 |
The multinational corporation (MNC) is dichotomous in nature. While on the one hand it is a vehicle for private capital accumulation, when socially-embedded it may serve as a means to further social provisioning and social justice. A social economics approach to the MNC is developed to incorporate both private and social transaction costs in international production and trade where the divergence in these costs may require collective action to mitigate the effects of social dislocation. These issues are illustrated by experiments in corporate codes of conduct related to child labor and environmental sustainability. Since corporate codes may be insufficient to socially embed the activities of MNCs, efforts to develop supranational governance mechanisms to better achieve social justice are also considered
Business · Collective action · Corporate governance · Corporate social responsibility · Economic Justice · Economic system · Economics · International trade · Internationalization · Microeconomics · Multinational corporation · Political science · Public relations · Transaction cost · Finance · Global trade, sustainability, and social impact · Law
Neoliberalism, Transnational Education Norms, and Education Spending in the Developing World, 1983–2004
Globalization and Social Policy
Foreign Direct Investment and Human Rights
Trade Openness, Foreign Direct Investment and Child Labor
Globalisation, Economic Freedom and Strategic Decision-Making
Justice, Sustainability, and Integrated Management
| Unique citing works | 6 |
|---|---|
| Citations per year | 0,24 |
| Citation span | 2001 - 2011 (11) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 5 |