Article from: OGEL 2 (2005), in Environmental, Social and Governance (ESG)
p>To answer the first question: "What laws are companies currently bound by?" could either take several days or just a few minutes. For if the question is about what rules of international law directly bind companies, the answer is: "Practically none". If it is about what rules of national law bind them, the answer is: "Very many, which it would take a very long time to enumerate or even summarize". The reason for this paradox provides one of the keys to the whole of the present controversy.