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A FOURTH ELEMENT CONCERNING THE THREE-PILLAR STRUCTURED

Umeda, Toru
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Umeda, Toru
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Keywords
business and human rights, Protect, Respect and Remedy framework, governance gaps, international regime, multinational enterprise
GE Subjects
Global ethics
Economic ethics
Business ethics
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Business Ethics
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three.pdf
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http://hdl.handle.net/20.500.12424/188599
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Abstract
This paper, outlining and examining the structure of the “Protect, Respect and Remedy” Framework aims to show that the three-pillar structured Framework lacks the base of authority that would allow a State or a business enterprise, the actors in a Framework context, to regard it as an authoritative source. The paper further points out that international or global policy concerns, which seem essential to help realize the Framework’s goal of narrowing and bridging the governance gaps created by globalization, are sacrificed by the three-pillar structure. In addition, there may be elements which fail to be reflected in it because of the adoption of three-pillar structure. In order to overcome these deficiencies, the author proposes that a fourth element be conceived in the context of or an understanding about the Framework. This fourth element involves what could be called an international regime of ‘business and human rights’.
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Conference proceedings
Date
2012
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With permission of the license/copyright holder
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