TY - JOUR
T1 - Transnational sustainability laws and the regulation of global value chains
T2 - comparison and a framework for analysis
AU - Salminen, Jaakko
AU - Rajavuori, Mikko
N1 - Publisher Copyright:
© The Author(s) 2019.
PY - 2019
Y1 - 2019
N2 - Several corporate disclosure and due diligence laws related to the social and environmental impacts of globalized production have been enacted across the world over the last decade. While the emergence, operation and impact of such ‘transnational sustainability laws’ have already been extensively analysed, their legal operability remains poorly understood. This a significant omission because transnational sustainability laws form a novel and increasingly important attempt to conceptualize and govern the new logic of global production networks—global value chains—and their regulatory infrastructure. Against this backdrop, this article deploys a comparison of eleven recent transnational sustainability laws and develops an analytical framework to probe legally-operative conceptualizations of global value chains. By analysing how transnational sustainability laws conceptualize the value chain, the lead firm and adequate value chain governance, we argue, these instruments emerge as proxies for a legally-operative framework that better delineates the emerging law of global value chains. Thus, our analysis contributes to growing literature on the potential and limits of transnational sustainability laws as well as to the development of nascent ‘global value chain law’.
AB - Several corporate disclosure and due diligence laws related to the social and environmental impacts of globalized production have been enacted across the world over the last decade. While the emergence, operation and impact of such ‘transnational sustainability laws’ have already been extensively analysed, their legal operability remains poorly understood. This a significant omission because transnational sustainability laws form a novel and increasingly important attempt to conceptualize and govern the new logic of global production networks—global value chains—and their regulatory infrastructure. Against this backdrop, this article deploys a comparison of eleven recent transnational sustainability laws and develops an analytical framework to probe legally-operative conceptualizations of global value chains. By analysing how transnational sustainability laws conceptualize the value chain, the lead firm and adequate value chain governance, we argue, these instruments emerge as proxies for a legally-operative framework that better delineates the emerging law of global value chains. Thus, our analysis contributes to growing literature on the potential and limits of transnational sustainability laws as well as to the development of nascent ‘global value chain law’.
KW - 513 Law
KW - comparative law
KW - contractual organization
KW - corporate social responsibility
KW - global value chains
KW - lead firms
KW - private law
KW - supply chain liability
KW - sustainability regulation
KW - Transnational sustainability laws
KW - value chain governance
UR - http://www.scopus.com/inward/record.url?scp=85074700863&partnerID=8YFLogxK
U2 - 10.1177/1023263X19871025
DO - 10.1177/1023263X19871025
M3 - Article
AN - SCOPUS:85074700863
SN - 1023-263X
VL - 26
SP - 602
EP - 627
JO - Maastricht Journal of European and Comparative Law
JF - Maastricht Journal of European and Comparative Law
IS - 5
ER -