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| Author: | Fransen, L. W. Kolk, A. |
| Title: | Global rule-setting for business: A critical analysis of multi-stakeholder standards |
| Journal: | Organization
2007 : SEP, VOL. 14:5, p. 667-684 |
| Index terms: | globalization stakeholders international organizations non-government organizations social responsibility |
| Language: | eng |
| Abstract: | Multi-stakeholder standards have become increasingly important in the global rule-setting for responsible behavior. The main benefits of this approach are consensus-building, knowledge sharing and interest representation. Still, there is not much information on the effectiveness of multi-stakeholder standards. This article compares those standards to other collaborative standards. It is found that multi-stakeholder standards are more collaborative and well-elaborated. However, monitoring and implementation rarely support the goal of increased participation. |
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