Corporate Governance in the Oil, Gas and Energy Industries: The Human Rights Framework and the Community Perspective
Article from: OGEL 4 (2003), in Governance Issues
Summary
The community perspective, reflecting stakeholder concerns and notions of social responsibility, is reflected in a framework of responsibility and accountability that is driven more by fear of reputation risks than by laws and regulations. This article addresses that perspective by focusing specifically on the international human rights framework governing multinational corporations. Corporations operate within a community of stakeholders or constituencies that can participate in governance through political influence on legislation as well as through the investor role in ...