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Corporate social responsibility, multinational corporations and the law in Nigeria: controlling multinationals in host states
journal contribution
posted on 2023-06-08, 22:46 authored by Femi AmaoThere is a general perception that home jurisdictions in vulnerable areas are powerless when it comes to the control of multinational corporations. While this assertion is largely correct, this article argues that there cannot be effective control of multinational corporations (‘‘MNCs’’) at international, regional or private level without the corresponding development of an effective minimum institutional framework at the domestic level. This article examines the Nigerian legal framework for the regulation of MNCs with a view to underlining the weaknesses in the domestic forum, and also examines the prospects for enhancing the capacity of a domestic framework for the effective control of MNCs. The article argues that, while corporate social responsibility practice by MNCs is becoming well entrenched, this development cannot replace the need for effective host state regulation. The article focuses on company law and human rights law and suggests viable possibilities within the local context that may enhance the control of MNCs.
History
Publication status
- Published
Journal
Journal of African LawISSN
0021-8553Publisher
Cambridge University PressExternal DOI
Issue
1Volume
52Page range
89-113Department affiliated with
- Law Publications
Full text available
- No
Peer reviewed?
- Yes
Legacy Posted Date
2015-10-13Usage metrics
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