IDEAS home Printed from https://ideas.repec.org/a/kap/jbuset/v159y2019i1d10.1007_s10551-017-3721-1.html
   My bibliography  Save this article

The United Nations Global Compact as a Facilitator of the Lockean Social Contract

Author

Listed:
  • Damian Bäumlisberger

    (Institute of Economic Education, University of Münster)

Abstract

The United Nations Global Compact (UNGC) has difficulties in attracting new voluntary members and inciting them to implement its ten principles. The present article analyzes this implementation deficit from the perspective of Lockean social contract theory and derives new strategies for reducing it. On this view, the UNGC presents itself as the attempt to realize a set of moral norms, typically enforced by an impartial minimal state, protecting its citizens from violations of their natural rights, negative externalities and discrimination by bribed officials. It will only succeed in facilitating the realization of those norms on a strictly voluntary basis, if it manages to overcome the underlying n-person prisoner’s dilemma. This requires the existence of a critical mass k

Suggested Citation

  • Damian Bäumlisberger, 2019. "The United Nations Global Compact as a Facilitator of the Lockean Social Contract," Journal of Business Ethics, Springer, vol. 159(1), pages 187-200, September.
  • Handle: RePEc:kap:jbuset:v:159:y:2019:i:1:d:10.1007_s10551-017-3721-1
    DOI: 10.1007/s10551-017-3721-1
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10551-017-3721-1
    File Function: Abstract
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1007/s10551-017-3721-1?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. S. Sethi & Donald Schepers, 2014. "United Nations Global Compact: The Promise–Performance Gap," Journal of Business Ethics, Springer, vol. 122(2), pages 193-208, June.
    2. Andreas Rasche & Sandra Waddock, 2014. "Global Sustainability Governance and the UN Global Compact: A Rejoinder to Critics," Journal of Business Ethics, Springer, vol. 122(2), pages 209-216, June.
    3. Thomas C. Schelling, 1973. "Hockey Helmets, Concealed Weapons, and Daylight Saving," Journal of Conflict Resolution, Peace Science Society (International), vol. 17(3), pages 381-428, September.
    4. Hobbes, Thomas, 1651. "Leviathan, or the Matter, Forme, & Power of a Common-wealth Ecclesiasticall and Civill," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number hobbes1651a.
    5. Patrick Haack & Andreas Scherer, 2014. "Why Sparing the Rod Does Not Spoil the Child: A Critique of the “Strict Father” Model in Transnational Governance," Journal of Business Ethics, Springer, vol. 122(2), pages 225-240, June.
    6. Jette Knudsen, 2011. "Company Delistings from the UN Global Compact: Limited Business Demand or Domestic Governance Failure?," Journal of Business Ethics, Springer, vol. 103(3), pages 331-349, October.
    7. Daniel Berliner & Aseem Prakash, 2014. "The United Nations Global Compact: An Institutionalist Perspective," Journal of Business Ethics, Springer, vol. 122(2), pages 217-223, June.
    8. Oliver Williams, 2014. "The United Nations Global Compact: What Did It Promise?," Journal of Business Ethics, Springer, vol. 122(2), pages 241-251, June.
    9. Christian Voegtlin & Nicola Pless, 2014. "Global Governance: CSR and the Role of the UN Global Compact," Journal of Business Ethics, Springer, vol. 122(2), pages 179-191, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Onyeka K. Osuji & Ugochukwu L. Obibuaku, 2016. "Rights and Corporate Social Responsibility: Competing or Complementary Approaches to Poverty Reduction and Socioeconomic Rights?," Journal of Business Ethics, Springer, vol. 136(2), pages 329-347, June.
    2. Jill A. Brown & Cynthia Clark & Anthony F. Buono, 2018. "The United Nations Global Compact: Engaging Implicit and Explicit CSR for Global Governance," Journal of Business Ethics, Springer, vol. 147(4), pages 721-734, February.
    3. Christian Voegtlin & Nicola Pless, 2014. "Global Governance: CSR and the Role of the UN Global Compact," Journal of Business Ethics, Springer, vol. 122(2), pages 179-191, June.
    4. Pisani, Niccolò & Kourula, Arno & Kolk, Ans & Meijer, Renske, 2017. "How global is international CSR research? Insights and recommendations from a systematic review," Journal of World Business, Elsevier, vol. 52(5), pages 591-614.
    5. Andreas G. F. Hoepner & Arleta A. A. Majoch & Xiao Y. Zhou, 2021. "Does an Asset Owner’s Institutional Setting Influence Its Decision to Sign the Principles for Responsible Investment?," Journal of Business Ethics, Springer, vol. 168(2), pages 389-414, January.
    6. Roger Leonard Burritt & Katherine Leanne Christ & Hussain Gulzar Rammal & Stefan Schaltegger, 2020. "Multinational Enterprise Strategies for Addressing Sustainability: the Need for Consolidation," Journal of Business Ethics, Springer, vol. 164(2), pages 389-410, June.
    7. Andreas Rasche & Wencke Gwozdz & Mathias Lund Larsen & Jeremy Moon, 2022. "Which firms leave multi‐stakeholder initiatives? An analysis of delistings from the United Nations Global Compact," Regulation & Governance, John Wiley & Sons, vol. 16(1), pages 309-326, January.
    8. Andreas Hoepner & Arleta Majoch, 2016. "Pension Funds and the Principles for Responsible Investment: Multiplying Stakeholder Salience?," ICMA Centre Discussion Papers in Finance icma-dp2016-07, Henley Business School, University of Reading.
    9. Bargstädt, Dorothee, 2017. "Freiwillige Selbstverpflichtung von Unternehmen in Antikorruptionsinitiativen: Der Einfluss des nationalen Kontextes auf internationales Engagement am Beispiel chinesischer und indischer Unternehmen," PIPE - Papers on International Political Economy 28/2017, Free University Berlin, Center for International Political Economy.
    10. Jennifer Martínez-Ferrero & Mehmet Eryilmaz & Nese Colakoglu, 2020. "How Does Board Gender Diversity Influence the Likelihood of Becoming a UN Global Compact Signatory? The Mediating Effect of the CSR Committee," Sustainability, MDPI, vol. 12(10), pages 1-19, May.
    11. Wang, Junkai & Qi, Baolei & Li, Yan & Hossain, Muhammad Istiaque & Tian, Haowen, 2024. "Does institutional commitment affect ESG performance of firms? Evidence from the United Nations principles for responsible investment," Energy Economics, Elsevier, vol. 130(C).
    12. Christian Voegtlin & Andreas Georg Scherer, 2017. "Responsible Innovation and the Innovation of Responsibility: Governing Sustainable Development in a Globalized World," Journal of Business Ethics, Springer, vol. 143(2), pages 227-243, June.
    13. Heloïse Berkowitz & Marcelo Bucheli & Hervé Dumez, 2017. "Collectively Designing CSR Through Meta-Organizations: A Case Study of the Oil and Gas Industry," Journal of Business Ethics, Springer, vol. 143(4), pages 753-769, July.
    14. Ismail N.B. & Sébastien Alcouffe & Galy N & Ceulemans K, 2020. "The impact of international sustainability initiatives on Life Cycle Assessment voluntary disclosures: The case of France’s CAC40 listed companies," Post-Print hal-03082800, HAL.
    15. Stephanie Schrage & Dirk Ulrich Gilbert, 2021. "Addressing Governance Gaps in Global Value Chains: Introducing a Systematic Typology," Journal of Business Ethics, Springer, vol. 170(4), pages 657-672, May.
    16. Kenneth E. Goodpaster & T. Dean Maines & Michael Naughton & Brian Shapiro, 2018. "Using UNPRME to Teach, Research, and Enact Business Ethics: Insights from the Catholic Identity Matrix for Business Schools," Journal of Business Ethics, Springer, vol. 147(4), pages 761-777, February.
    17. Orzes, Guido & Moretto, Antonella Maria & Moro, Mattia & Rossi, Matteo & Sartor, Marco & Caniato, Federico & Nassimbeni, Guido, 2020. "The impact of the United Nations global compact on firm performance: A longitudinal analysis," International Journal of Production Economics, Elsevier, vol. 227(C).
    18. Miguel Alzola, 2018. "Decent Work: The Moral Status of Labor in Human Resource Management," Journal of Business Ethics, Springer, vol. 147(4), pages 835-853, February.
    19. Vincent Frigant, 2015. "Beyond The Business Case and Sustainable chain management: Why Do We Need to Build a Theory of Interfirm Social Responsability?," Post-Print hal-01426819, HAL.
    20. Benedict Sheehy & Federica Farneti, 2021. "Corporate Social Responsibility, Sustainability, Sustainable Development and Corporate Sustainability: What Is the Difference, and Does It Matter?," Sustainability, MDPI, vol. 13(11), pages 1-17, May.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:jbuset:v:159:y:2019:i:1:d:10.1007_s10551-017-3721-1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.