IS AN INTERNATIONAL CORPORATE HUMAN RIGHTS LIABILITY FRAMEWORK NEEDED? AN ECONOMIC POWER, BUSINESS AND HUMAN RIGHTS, AND AMERICAN EXTRATERRITORIAL JURISDICTION ANALYSIS
All companies, regardless of the sector they belong to, can positively or negatively impact human rights. Governments are increasingly aware of the benefits that free trade brings their nations, which has led them to do whatever is necessary to attract foreign investment, even if it means to act ag...
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| Format: | Article |
| Language: | English |
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Sello Editorial Universidad de Medellín
2013-11-01
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| Series: | Opinión Jurídica |
| Subjects: | |
| Online Access: | http://revistas.udem.edu.co/index.php/opinion/article/view/724/665 |
| _version_ | 1818993121069891584 |
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| author | Carlos Arevalo |
| author_facet | Carlos Arevalo |
| author_sort | Carlos Arevalo |
| collection | DOAJ |
| description | All companies, regardless of the sector they belong to, can positively or negatively impact human rights. Governments are increasingly aware of the benefits that free trade brings their nations, which has led them to do whatever is necessary
to attract foreign investment, even if it means to act against the interests of their own people. The power relationship between corporations and states generates a tension derived from their nature: while the objective of states is the welfare of
its members, the purpose of corporations is profit. It is in the crack generated by the collision of powers and purposes between these two actors, that this article is intended to raise the discussion on the need to establish an international framework for corporate liability for human rights violations. To achieve its goal, the article will analyze the opportunities and obstacles raised by the exercise of extraterritorial jurisdiction in the American context and its relationship with the developments in the business and human rights field. |
| first_indexed | 2024-12-20T20:37:01Z |
| format | Article |
| id | doaj.art-52a80e3c17ea47a09f80e57328c7979c |
| institution | Directory Open Access Journal |
| issn | 1692-2530 1692-2530 |
| language | English |
| last_indexed | 2024-12-20T20:37:01Z |
| publishDate | 2013-11-01 |
| publisher | Sello Editorial Universidad de Medellín |
| record_format | Article |
| series | Opinión Jurídica |
| spelling | doaj.art-52a80e3c17ea47a09f80e57328c7979c2022-12-21T19:27:12ZengSello Editorial Universidad de MedellínOpinión Jurídica1692-25301692-25302013-11-011224101118IS AN INTERNATIONAL CORPORATE HUMAN RIGHTS LIABILITY FRAMEWORK NEEDED? AN ECONOMIC POWER, BUSINESS AND HUMAN RIGHTS, AND AMERICAN EXTRATERRITORIAL JURISDICTION ANALYSISCarlos Arevalo0Universidad de La SabanaAll companies, regardless of the sector they belong to, can positively or negatively impact human rights. Governments are increasingly aware of the benefits that free trade brings their nations, which has led them to do whatever is necessary to attract foreign investment, even if it means to act against the interests of their own people. The power relationship between corporations and states generates a tension derived from their nature: while the objective of states is the welfare of its members, the purpose of corporations is profit. It is in the crack generated by the collision of powers and purposes between these two actors, that this article is intended to raise the discussion on the need to establish an international framework for corporate liability for human rights violations. To achieve its goal, the article will analyze the opportunities and obstacles raised by the exercise of extraterritorial jurisdiction in the American context and its relationship with the developments in the business and human rights field.http://revistas.udem.edu.co/index.php/opinion/article/view/724/665Business and Human RightsCorporate LiabilityForeign Direct InvestmentExtraterritorial JurisdictionAliens Tort Claim Act (ATCA) |
| spellingShingle | Carlos Arevalo IS AN INTERNATIONAL CORPORATE HUMAN RIGHTS LIABILITY FRAMEWORK NEEDED? AN ECONOMIC POWER, BUSINESS AND HUMAN RIGHTS, AND AMERICAN EXTRATERRITORIAL JURISDICTION ANALYSIS Opinión Jurídica Business and Human Rights Corporate Liability Foreign Direct Investment Extraterritorial Jurisdiction Aliens Tort Claim Act (ATCA) |
| title | IS AN INTERNATIONAL CORPORATE HUMAN RIGHTS LIABILITY FRAMEWORK NEEDED? AN ECONOMIC POWER, BUSINESS AND HUMAN RIGHTS, AND AMERICAN EXTRATERRITORIAL JURISDICTION ANALYSIS |
| title_full | IS AN INTERNATIONAL CORPORATE HUMAN RIGHTS LIABILITY FRAMEWORK NEEDED? AN ECONOMIC POWER, BUSINESS AND HUMAN RIGHTS, AND AMERICAN EXTRATERRITORIAL JURISDICTION ANALYSIS |
| title_fullStr | IS AN INTERNATIONAL CORPORATE HUMAN RIGHTS LIABILITY FRAMEWORK NEEDED? AN ECONOMIC POWER, BUSINESS AND HUMAN RIGHTS, AND AMERICAN EXTRATERRITORIAL JURISDICTION ANALYSIS |
| title_full_unstemmed | IS AN INTERNATIONAL CORPORATE HUMAN RIGHTS LIABILITY FRAMEWORK NEEDED? AN ECONOMIC POWER, BUSINESS AND HUMAN RIGHTS, AND AMERICAN EXTRATERRITORIAL JURISDICTION ANALYSIS |
| title_short | IS AN INTERNATIONAL CORPORATE HUMAN RIGHTS LIABILITY FRAMEWORK NEEDED? AN ECONOMIC POWER, BUSINESS AND HUMAN RIGHTS, AND AMERICAN EXTRATERRITORIAL JURISDICTION ANALYSIS |
| title_sort | is an international corporate human rights liability framework needed an economic power business and human rights and american extraterritorial jurisdiction analysis |
| topic | Business and Human Rights Corporate Liability Foreign Direct Investment Extraterritorial Jurisdiction Aliens Tort Claim Act (ATCA) |
| url | http://revistas.udem.edu.co/index.php/opinion/article/view/724/665 |
| work_keys_str_mv | AT carlosarevalo isaninternationalcorporatehumanrightsliabilityframeworkneededaneconomicpowerbusinessandhumanrightsandamericanextraterritorialjurisdictionanalysis |