How Company Law has Failed Human Rights – And What to Do about It
By Beate Sjåfjell, University of Oslo
8 June 2020, Business and Human Rights Journal, Cambridge University Press, published online by Cambridge University Press, https://doi.org/10.1017/bhj.2020.9.
This article discusses three questions: What drives business to ignore human rights, or even worse, consciously undermine the achievement of human rights? Given the state of affairs of business and human rights, why is there not a quick regulatory fix to the problems that we see? In light of the failure of business and of regulation so far, what can be done?
The article posits that reform of company law is key to business respect for human rights, as an intrinsic element of the transition to sustainability. The article outlines how company law can facilitate sustainable business, and concludes with some reflections on the drivers for change that make it possible to envisage that the necessary reform of company law will be enacted.
Business and Human Rights Journal, Cambridge University Press, published online by Cambridge University Press 8 June 2020, https://doi.org/10.1017/bhj.2020.9.
Preprint available at SSRN.