Business, Human Rights and Corporate Social Responsibility in a Global Financial Crisis: The Global Challenge of Embedding Human Rights in Organizations and Human Resource Management Practices

Chibuzo Ejiogu

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

The relationship between business and human rights is important and complex. The social responsibility of business is evolving as Multinational Corporations become more pervasive and powerful; their global footprint can be a force for good or can have a negative impact on human rights. This chapter looks at the relationship between business, Corporate Social Responsibility (CSR) and human rights in the context of the global financial crisis. The extent to which private corporations are expected to respect human rights, including socioeconomic
rights, is discussed. The balance between business profitability protected by
commercial rights such as under the Trade-Related Aspects of Intellectual Property Rights (TRIPS) Agreement of the World Trade Organization (WTO) and the need to protect fundamental human rights is explored. The requirements for an effective international framework for business and human rights are analyzed with an emphasis on the Protect, Respect, Remedy Framework of the United Nations Guiding Principles on Business and Human Rights and the core labor standards of the International Labour Organization (ILO). Recommendations are made regarding the means to effectively embed the respect for, and promotion of, human rights across all aspects of an organization and its value chain.
Original languageEnglish
Title of host publicationCorporate Goals and Responsibilities
Subtitle of host publicationEconomic, Social and Human Rights
Place of PublicationDudweiler Landstr, Germany
PublisherLambert Academic Publishing
Chapter3
Pages37-53
Number of pages27
ISBN (Print)978-3845434124
Publication statusPublished - 2013

Fingerprint

human resource management
social responsibility
financial crisis
human rights
business relationship
respect
ILO
multinational corporation
value chain
intellectual property
right of ownership
profitability
WTO
remedies
corporation
UNO
promotion
labor
organization

Keywords

  • Human Rights
  • Corporate Social Responsibility
  • Ethics
  • Human Resource Management
  • International Business
  • Globalization
  • Global Financial Crisis
  • Organization
  • Sustainability
  • TRIPS Agreement
  • Global Labour Standards
  • Global Value Chains
  • Worker Rights
  • UN Global Compact

Cite this

Ejiogu, C. (2013). Business, Human Rights and Corporate Social Responsibility in a Global Financial Crisis: The Global Challenge of Embedding Human Rights in Organizations and Human Resource Management Practices. In Corporate Goals and Responsibilities: Economic, Social and Human Rights (pp. 37-53). Dudweiler Landstr, Germany: Lambert Academic Publishing.

Business, Human Rights and Corporate Social Responsibility in a Global Financial Crisis : The Global Challenge of Embedding Human Rights in Organizations and Human Resource Management Practices. / Ejiogu, Chibuzo.

Corporate Goals and Responsibilities: Economic, Social and Human Rights. Dudweiler Landstr, Germany : Lambert Academic Publishing, 2013. p. 37-53.

Research output: Chapter in Book/Report/Conference proceedingChapter

Ejiogu, C 2013, Business, Human Rights and Corporate Social Responsibility in a Global Financial Crisis: The Global Challenge of Embedding Human Rights in Organizations and Human Resource Management Practices. in Corporate Goals and Responsibilities: Economic, Social and Human Rights. Lambert Academic Publishing, Dudweiler Landstr, Germany, pp. 37-53.
Ejiogu C. Business, Human Rights and Corporate Social Responsibility in a Global Financial Crisis: The Global Challenge of Embedding Human Rights in Organizations and Human Resource Management Practices. In Corporate Goals and Responsibilities: Economic, Social and Human Rights. Dudweiler Landstr, Germany: Lambert Academic Publishing. 2013. p. 37-53
Ejiogu, Chibuzo. / Business, Human Rights and Corporate Social Responsibility in a Global Financial Crisis : The Global Challenge of Embedding Human Rights in Organizations and Human Resource Management Practices. Corporate Goals and Responsibilities: Economic, Social and Human Rights. Dudweiler Landstr, Germany : Lambert Academic Publishing, 2013. pp. 37-53
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