Case | HBS Case Collection | October 2004 (Revised October 2013)

In Search of Global Regulation

by Geoffrey Jones and Alexis Gendron

Abstract

The history of the international regulation of global capitalism is surveyed, addressing the challenges facing firms confronting international, national, and regional regulation. Follows the history of global regulation after 1914, from the League of Nations' Conference on the Codification of International Law to the establishment of the World Trade Organization. Tracks initiatives by the OECD and the United Nations to develop regulatory regimes for multinationals and explores why none of these initiatives resulted in mandatory regulations. Also describes a range of other regulation tools, including bilateral investment treaties and corporate codes of conduct.

Keywords: History; Multinational Firms and Management; International Relations; Laws and Statutes; Corporate Governance; Business and Government Relations;

Citation:

Jones, Geoffrey, and Alexis Gendron. "In Search of Global Regulation." Harvard Business School Case 805-025, October 2004. (Revised October 2013.)