The Role of Business in Global Governance: Corporations as Norm-Entrepreneurs Book

List of Illustrations vii

Foreword ix

Acknowledgments x

Notes on the Authors xi

List of Abbreviations xii

Part I The Research Context

1 Introduction: Corporate Norm-entrepreneurship and Global Governance 3

1.1 Corporations as political actors: from problem causers to problem solvers? 7

1.2 Corporate norm-entrepreneurship and the future global governance architecture 13

1.3 Aim and structure of this book 16

2 Basic Concepts and Assumptions 18

2.1 What is corporate norm-entrepreneurship? 18

2.2 How to identify corporate norm-entrepreneurs? 23

2.3 How to explain corporate norm-entrepreneurship? 29

Part II Causes of Corporate Norm-entrepreneurship

3 The Social and Political Environment 41

3.1 Transnational public 41

3.2 The home state 52

3.3 The heterogeneity of regulatory environments 66

4 Actor Characteristics 81

4.1 Corporate vulnerability 81

4.2 Ownership structure 94

4.3 Corporate culture 108

5 Institutional Arrangements 126

5.1 Structural autonomy 126

5.2 Flexibility 136

5.3 Legitimacy perceptions 146

6 Comparisons for Conclusions: Different Paths to Corporate Norm-entrepreneurship 161

6.1 Necessary pre-conditions 162

6.2 The rationalist narrative - from vulnerability to norm-entrepreneurship 164

6.3 The constructivist narrative - norm-entrepreneurship via home state socialization 165

6.4 The pull factors 166

Part III Evaluating Corporate Norm-entrepreneurship

7 The Effectiveness of Transnational Private Governance 171

7.1 Developing a conceptual frame for analyzing the effectiveness of institutions 171

7.2 Empirical application 174

7.3 Comparing the effectiveness of self-regulatory arrangements 194

8 The Legitimacy of Transnational Private Governance 202

8.1 A governance perspective on the legitimacy of corporate norm-entrepreneurship 203

8.2 The legitimacy potential of different types of corporate norm-entrepreneurship 211

9 A New Architecture for Global Governance 232

9.1 The gap between likely and meaningful corporate contributions to norm setting and norm development 233

9.2 The constitutional background of policy recommendations 236

9.3 General policy guidelines 243

9.4 Policy recommendations 248

Bibliography 256

Index 281