Impact and Accountability: Examining Multinational Enterprises’ Foreign Direct Investment in Developing Economies

DOI

10.2991/978-94-6463-546-1_8How to use a DOI?

Keywords

Foreign Direct Investment; Multinational Enterprises; Developing Countries

Abstract

This paper explores the intricate dynamics of Multinational Enterprises (MNEs) regarding their legal obligations and economic objectives during Foreign Direct Investment (FDI) in developing countries. It investigates the dual role of FDI as a driver of economic development and as a source of ethical and legal dilemmas, specifically concerning the protection of environmental and labor rights in host nations. Utilizing data from Asia-Pacific regions, the paper assesses the potential adverse impacts of FDI on these countries and discusses the challenges associated with aligning corporate profit motives with broader social responsibilities. Through detailed analysis, the paper highlights the difficulties in enforcing international investment laws and offers strategies to better integrate the pursuit of economic benefits with the upholding of ethical standards. Recommendations focus on enhancing legal enforcement, refining regulatory frameworks, and encouraging MNEs to adopt practices that support sustainable development and human rights alongside their economic goals. This paper contributes to the ongoing discourse by providing insights that can inform the development of more integrated and effective strategies for managing the complex interplay of investment, law, and ethics in the realm of international business.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Fangyuan Shi
PY  - 2024
DA  - 2024/10/27
TI  - Impact and Accountability: Examining Multinational Enterprises’ Foreign Direct Investment in Developing Economies
BT  - Proceedings of the 2024 2nd International Conference on Finance, Trade and Business Management (FTBM 2024)
PB  - Atlantis Press
SP  - 62
EP  - 73
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-546-1_8
DO  - 10.2991/978-94-6463-546-1_8
ID  - Shi2024
ER  -