TY - JOUR
T1 - The Private Provision of Public Goods
T2 - Corporate Commitments and The United Nations Global Compact
AU - Bernhagen, Patrick
AU - Mitchell, Neil James
PY - 2010/12
Y1 - 2010/12
N2 - We examine the commitments of transnational corporations to human rights, labor, environmental and anti-corruption standards. Modeling commitment as a function of the nature of the firm’s business activities and conditioned by neighborhood and audience contexts, we investigate adherence to the principles entailed in the UN Global Compact program by the world’s 2000 largest companies. Our results suggest that the decisions to participate in and to take steps to comply with the Global Compact are influenced by the characteristics of the firm as it adapts to its institutional and political environment. Signing up to the program increases the likelihood of firms developing human rights related company policies and receiving positive external assessments of their performance.
AB - We examine the commitments of transnational corporations to human rights, labor, environmental and anti-corruption standards. Modeling commitment as a function of the nature of the firm’s business activities and conditioned by neighborhood and audience contexts, we investigate adherence to the principles entailed in the UN Global Compact program by the world’s 2000 largest companies. Our results suggest that the decisions to participate in and to take steps to comply with the Global Compact are influenced by the characteristics of the firm as it adapts to its institutional and political environment. Signing up to the program increases the likelihood of firms developing human rights related company policies and receiving positive external assessments of their performance.
U2 - 10.1111/j.1468-2478.2010.00631.x
DO - 10.1111/j.1468-2478.2010.00631.x
M3 - Article
SN - 0020-8833
VL - 54
SP - 1175
EP - 1187
JO - International Studies Quarterly
JF - International Studies Quarterly
IS - 4
ER -