Evaluating the Role of International Law in Curbing Multinational Corporations Malpractices in Developing Countries

Dr. Ziad Zouheiry

Abstract: In this study, we examine the detrimental practices of multinational corporations MNCs in developing countries and assess the role of international law in mitigating these issues. Despite globalization fostering industrial relocation to reduce costs and maximize profits, this shift has led to significant human rights, environmental, and worker safety violations, exemplified by incidents in Cajamarca and Bhopal. We argue that while current international law mainly offers rights without obligations to MNCs, a robust legal framework, including the establishment of an international business court and adherence to corporate social responsibility CSR, is crucial to combat these malpractices. Employing inductive and mixed - methods approaches, we analyze various case studies to underscore the necessity of a reformed international legal system in addressing the multifaceted challenges posed by MNCs in the host countries.

Keywords: Multinational Corporations, International Law, Corporate Malpractices, Developing Countries, Corporate Social Responsibility, CSR

How to Cite?: Dr. Ziad Zouheiry, "Evaluating the Role of International Law in Curbing Multinational Corporations Malpractices in Developing Countries", Volume 13 Issue 2, February 2024, International Journal of Science and Research (IJSR), Pages: 82-87, https://www.ijsr.net/getabstract.php?paperid=SR24130160718, DOI: https://dx.doi.org/10.21275/SR24130160718