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The global compact's contribution to global governance revisited

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  • Brinkmann-Braun, Johanna
  • Pies, Ingo

Abstract

The United Nations Global Compact (GC) is an international learning network that links companies with United Nations agencies, labour and civil society. Neither a regulatory regime nor a voluntary code of industry conduct, it is a unique contribution to the process of global governance, where the traditional rules of the political game are being challenged by the introduction of new actors and new methods of political coordination in the political arena. As a first step, this paper examines the origins, mission and objectives of the initiative and relates them to the current organizational structure. As a second step, the progress on organizational and collective learning through the GC is explored. Here, the paper illustrates how the revised organizational structure has helped to improve both organizational and collective learning efforts. However, the potential of the GC's local networks has apparently still not been fully exploited. In summary, the innovative, incomparable and flexible opportunities of the GC's engagement mechanisms appear to simultaneously be the major strength and chief weakness of the initiative. The paper concludes that the future success or failure of the GC will hinge upon the initiative's ability to make substantial progress in quantitative (number of participating companies) and qualitative (value of participation) terms.

Suggested Citation

  • Brinkmann-Braun, Johanna & Pies, Ingo, 2007. "The global compact's contribution to global governance revisited," Discussion Papers 2007-10, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
  • Handle: RePEc:zbw:mlucee:200710
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    References listed on IDEAS

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    1. Brinkmann, Johanna & Pies, Ingo, 2003. "Der Global Compact als Beitrag zu Global Governance: Bestandsaufnahme und Entwicklungsperspektiven," Discussion Papers 2003-5, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    2. Pies, Ingo & von Winning, Alexandra, 2006. "Die UN-Dekade "Bildung für eine nachhaltige Entwicklung" und der Beitrag des Global Compact: Eine wirtschaftsethische Perspektive," Discussion Papers 2006-5, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
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    Cited by:

    1. Anica Zeyen & Markus Beckmann & Stella Wolters, 2016. "Actor and Institutional Dynamics in the Development of Multi-stakeholder Initiatives," Journal of Business Ethics, Springer, vol. 135(2), pages 341-360, May.
    2. Campe, Sabine & Rieth, Lothar, 2007. "Wie können Corporate Citizens im Global Compact voneinander lernen? Bedingungen, Hemmnisse und Bewertungskriterien," Discussion Papers 2007-14, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    3. Andreas Rasche, 2009. "Toward a model to compare and analyze accountability standards – the case of the UN Global Compact," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 16(4), pages 192-205, July.

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