Globalization and Self-Regulation—The Crucial Role That Corporate Codes of Conduct Play in Global Business

Editor Sethi (Zicklin School of Business, Baruch College, The City University of New York) gathers international experts in corporate strategy to explore issues related to the voluntary codes of conduct governing multinational organizations. The book is organized by 4 different types of self-regulation: individual company-based voluntary codes of conduct; industry-wide voluntary codes of conduct with industry-controlled governance structures; industry-wide voluntary codes of conduct in collaboration with civil society organizations; and universal multi-industry and multi-purpose voluntary codes of conduct. The book presents a 10-year assessment of the UN Global Compact, and a detailed example of a voluntary multigroup initiative to control the illegal mining and trade of diamonds in war-torn African countries. Other case studies look at Mattel, Inc.'s global manufacturing principles, the defense industry, the International Council on Mining and Metals, and the role of certification in protecting the world's forests. Annotation c2011 Book News, Inc., Portland, OR (booknews.com)