Compliance on the UN Global Compact

Citra Hennida

2017

Abstract

The UN Global Compact is an international regime established in July 2000 by Kofi Annan, the UN secretary-general at the time. The UN Global Compact was formed as an effort to involve corporations in development. In the journey, the UN Global Compact is much criticized because it is considered more profitable corporations and lack of compliance due to the absence of sanctions in it. However, the number of participating companies and countries is increasing every year. Recorded until May 2017, there are 9,388 companies, 165 countries, and 45,581 public reports have been produced. From here it comes the question of whether sanctions are needed to ensure compliance with the regime. I argue that sanctions are not the only reason for the regime to adhere to. Using instruments developed by Chayes and Chayes (1993) and Jacobson and Weiss (1995), I found that there were considerations of reputation and positive incentives expected by participants by taking part in the international regime.

Paper Citation

in Harvard Style

Hennida C. (2017). Compliance on the UN Global Compact.In 2nd International Conference on Sociology Education - Volume 1: ICSE, ISBN 978-989-758-316-2, pages 184-189. DOI: 10.5220/0007095101840189

in Bibtex Style

@conference{icse17,
author={Citra Hennida},
title={Compliance on the UN Global Compact},
booktitle={2nd International Conference on Sociology Education - Volume 1: ICSE,},
year={2017},
pages={184-189},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0007095101840189},
isbn={978-989-758-316-2},
}

in EndNote Style

TY - CONF

JO - 2nd International Conference on Sociology Education - Volume 1: ICSE,
TI - Compliance on the UN Global Compact
SN - 978-989-758-316-2
AU - Hennida C.
PY - 2017
SP - 184
EP - 189
DO - 10.5220/0007095101840189