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CORDIS

Transnational Corporations and the Shifting Boundaries of Justice

Project description

How did once-transnational corporations become semi-sovereign?

Corporate social responsibility (CSR) is a self-regulating business model that helps a company be socially accountable to itself, its stakeholders and the public. Amidst globalisation, large transnational corporations (TNCs) have developed as semi-sovereign entities, free from the responsibility of industrial activities worldwide. This has generated inequality and posed numerous threats to local societies concerning, among other issues, human rights and environmental impacts. In the EU, the relation between TNCs and society changes with the judicialisation of CSR and the recent adoption of the ‘duty of vigilance’ law – enabling the possibility of suing TNCs by third parties. The EU-funded TRANSCORP project will conduct a multilevel analysis to explain how (through various transnational legal cases and with the role of leading world institutions) the overarching institutional significance of TNCs has addressed social inequality and disruption of equilibriums.

Objective

TRANSCORP aims to advance our understanding of the changing interface between business and society by analyzing the judicialisation of corporate social responsibility (CSR) – a phenomenon that is increasingly observed in the European Union, and notably in France, where the recent adoption of the ‘duty of vigilance’ law has opened the prospect that transnational corporations could be sued by third-parties for not taking sufficiently into account the risks generated by industrial activities across their production chains. While CSR had long been considered a matter of voluntary issue for private businesses, the on-going hardening of soft law remains an under-researched topic. This project aims to address this gap, by exploring how the agencies of a variety of state and non-state actors – such as transnational corporations (TNCs), non-governmental organizations (NGOs), supranational institutions (EU, OECD) – intersect at different levels in the production of transnational legal cases that encapsulate competing claims for justice. The main contribution of TRANSCORP will be to investigate this ‘judicialisation turn’ as mirroring the overarching institutional significance that TNCs have acquired in a world power system that has become increasingly fragmented. This will help us to develop a fine-grained description of how the ‘hybrid sovereignty’ that these private entities had consolidated for themselves in a few decades of globalization has become more and more contested as human societies are faced with both an explosion of social inequality and a worrying disruption of planetary equilibriums.

Fields of science (EuroSciVoc)

Keywords

Programme(s)

Topic(s)

Funding Scheme

MSCA-IF - Marie Skłodowska-Curie Individual Fellowships (IF)

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Call for proposal

(opens in new window) H2020-MSCA-IF-2019

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Coordinator

FONDATION NATIONALE DES SCIENCES POLITIQUES
Net EU contribution
€ 184 707,84
Address
RUE SAINT GUILLAUME 27
75341 Paris
France
Region
Ile-de-France Ile-de-France Paris
Activity type
Higher or Secondary Education Establishments
Links
Total cost
€ 184 707,84