Human Rights in Transnational Business : Translating Human Rights Obligations into Compliance Procedures / by Julia Ruth-Maria Wetzel.

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Human Rights in Transnational Business : Translating Human Rights Obligations into Compliance Procedures / by Julia Ruth-Maria Wetzel.

9783319313252 (electronic book)
3319313258 (electronic book)
9783319313245

Cham : Springer International Publishing : Imprint : Springer, 2016.

English

1 online resource (xviii, 265 pages)

10.1007/978-3-319-31325-2 doi

K3240

340

This book investigates how human rights law can be applied to corporate entities. To date there have been insufficient international legal mechanisms to bring corporations to justice for their misconduct abroad. The book argues that rather than trying to solve the problem locally, an international approach to corporate human rights compliance needs to be sought to prevent future corporate human rights abuses. Implementing effective and enforceable human rights compliance policies at corporate level allows businesses to prevent negative human rights impacts such as loss of revenue, high litigation costs and damage to reputation. By considering human rights to be an inherent part of their business strategy, corporations will be well equipped to meet national and regional business and human rights standards, which will inevitably be implemented in the next few years. This approach, in turn, also furthers the fundamental aim of international human rights law.

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