Previous CEL Events
- Launch Event - Risk & Regulation: Regulation and the social meaning of risk
- Ethical performance of business – achievements, aspirations and expectations
- Business reputation - ethics in the downturn
- Expertise in Ethics & Risk Regulation
- Inaugural AstraZeneca Think Tank Debate
- The Governance of Autonomous Systems
- Second Annual Lecture: The Moral Limits of Markets
- Perception and Reality: The Compensation Culture
- Performance vs. Compliance: A Global Leader's Guide to Managing Business Conduct
- Tweeting to Topple Tyranny: Social Media, corporate Social Responsibility & Human Rights
- Shareholder Engagement in the Embedded Business Corporation: Investment Activism, Human Rights and TWAIL Discourse
- Conflicts of Interest: A mere governance challenge or a moral maze?
- Humans vs. Robots: Where are the limits of what an autonomous system should do?
- CEL Annual Lecture 2012: Media Freedoms & Media Standards
- Between Law and Markets: Is there a Role for Ethics and Culture in Financial Regulation?
- Handling Problem Projects - Accountability mechanisms at international financial institutions and case studies
- Lehman Brothers and the Lawyers: (When) Are Lawyers Ethically Responsible for Client Wrongs?
- Workshop on the Financial Sustainability of Banks
- Think Tank with Andrew Bailey
- Experiencing and Teaching Ethical Problems
- CEL Think Tank with the Legal Ombudsman
- Debate with Lexis-Nexis - Legal Innovation: How should the Educators respond?
- Business and Human Rights - Student Seminar
Shareholder Engagement in the Embedded Business Corporation: Investment Activism, Human Rights and TWAIL Discourse
Publication date: Mar 21, 2012 2:36:01 PM
Feb 14, 2012 12:00:00 AM
End: Feb 14, 2012 12:00:00 AM
On 14 February 2012, UCL Centre for Ethics and Law invited Aaron Dhir, Associate Professor at Osgoode Hall Law School of York University, Canada, to present on how the global expansion of the corporation brings with it new tensions such as human rights related impacts. By examining certain sections of Canadian corporate law, Dhir looks at the impacts of the shareholder proposal on corporations and locally affected communities of third world countries. Professor Dhir stressed that, as socially responsible corporations navigate this new terrain, they have an ethical duty to respect the interests of locally affected communities in the global business world and empower the communities in third world countries. To empower communities, companies and investors should consult with these local communities, put them in a position to help and be involved in the process, and most importantly, obtain “free prior and informed consent of locally affected communities” before moving forward. Dhir concluded that this new governance approach not only promotes a constructive mutual dialogue between stakeholders and corporations, but also reflects a “broader movement towards a new reflexive governance approach”. Dhir expressed his hope that this approach will encourage corporations to focus on norm generation and the enhancement of “internal self-regulatory capacities”. Described as “advocacy beyond orders”, Dhir’s presentation spurred audience discussion centred on whether using corporate law mechanisms to further human rights impact awareness will create a trickledown effect, encouraging multinational corporations to raise their CSR standards.
Page last modified on 21 mar 12 14:30