Proceedings of the 2024 2nd International Conference on Management Innovation and Economy Development (MIED 2024)

The Research on the Human Rights Responsibilities of Multinational Corporation in Global Supply Chains

Authors
Xiaoran Yu1, *
1Harbin No.9 High School, Harbin, Heilongjiang, 150028, China
*Corresponding author. Email: xieyuanyuan@xdf.cn
Corresponding Author
Xiaoran Yu
Available Online 15 October 2024.
DOI
10.2991/978-94-6463-542-3_48How to use a DOI?
Keywords
Global Supply Chain; Multinational Corporations; Corporate Human Rights Responsibility
Abstract

The emergence and growth of global supply chains have expanded the market for the world economy while simultaneously casting a spotlight on the human rights challenges associated with multinational corporations and their supply networks. Technological progress has shifted global supply chains from geographically dispersed models to those based on functional specialization. This evolution has also introduced a new structure within multinational corporations that encompasses three primary functions and promotes global cohesion, resulting in inconsistent oversight of corporate human rights obligations. Currently, global legal practices focusing on compulsory human rights due diligence fundamentally align with the primary demands of supply chain management. However, notable shortcomings that demand attention still persist. Given the slow advancement of the Industrial, Commercial, and Human Rights Treaty, the pressing need to oversee the operations of multinational corporations and their supply chains, and the growing acceptance of human rights due diligence legislation globally, there’s a clear need for the establishment of a framework convention. Such a convention would effectively support the enforcement of legal regulations concerning human rights due diligence among multinational corporations within global supply chains. Essentially, this framework would encompass legal foundations, state responsibilities, obligatory human rights due diligence, specialized oversight bodies, methods for resolving disputes, and remedies for suppliers. Furthermore, as a pivotal player in the global supply chain, China faces an immediate requirement to define the human rights obligations of multinational corporations operating within these networks, underscoring the country’s position and responsibilities as a developing nation.

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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Volume Title
Proceedings of the 2024 2nd International Conference on Management Innovation and Economy Development (MIED 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
15 October 2024
ISBN
978-94-6463-542-3
ISSN
2352-5428
DOI
10.2991/978-94-6463-542-3_48How to use a DOI?
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.

Cite this article

TY  - CONF
AU  - Xiaoran Yu
PY  - 2024
DA  - 2024/10/15
TI  - The Research on the Human Rights Responsibilities of Multinational Corporation in Global Supply Chains
BT  - Proceedings of the 2024 2nd International Conference on Management Innovation and Economy Development (MIED 2024)
PB  - Atlantis Press
SP  - 413
EP  - 424
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-542-3_48
DO  - 10.2991/978-94-6463-542-3_48
ID  - Yu2024
ER  -