CEL Events (Past)
- 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
- Corporate Social Responsibility and the Provision of Public Goods by Multinational Enterprises
- 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?
- 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
- CEL Annual Lecture 2012: Media Freedoms & Media Standards
- 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
Corporate Social Responsibility and the Provision of Public Goods by Multinational Enterprises
Publication date: Mar 21, 2012 2:45:24 PM
Feb 29, 2012 12:00:00 AM
End: Feb 29, 2012 12:00:00 AM
On 29 February 2012, UCL Centre for Ethics and Law invited Sarianna M. Lundan, Professor of Business and Economics at University of Bremen to present on her current research. Professor Lundan shed new light on the necessary connections between economics, law, politics and corporate social responsibility through her presentation on corporate social responsibility and provision of public goods by multinational enterprises. The event also featured critical discussion by Professor Charlotte Villiers from the University of Bristol. Lundan, through an economic lens, explored how multinational enterprises expanding into less developed countries obtain public goods. These public goods, such as education, health, community infrastructure and other related elements, would usually be provided by governmental entities as an integral part of the production of the private goods which attracted the MNE to the emerging market. Lundan proceeded to discuss what MNEs do in less developed countries where public provisions are not provided for by the nation state and not available on a contractual basis, and in what cases MNEs step in to provide these public goods. What Lundan prescribed follows the process described by John Ruggie, UN Special Representative on business and human rights, of “Protect, Respect, Remedy”. By engaging in due diligence and involving the local communities and local NGOs, MNEs can reduce transaction costs and provide necessary public goods, while still adding core value to the business. Audience discussions centred on the societal role of the firm and how the firm can learn to function in different environments. What ultimately was called for was a rethink both of governance solutions and the interface between corporations and ever-expanding global society.
Professor Sarianna M Lundan
Professor of Law, University of Bremen
Professor Charlotte Villers
University of Bristol
Chaired by Dr Iris Chiu (UCL Laws)
Page last modified on 21 mar 12 14:44