Sustainability and the Move from Corporate Governance to Governance through Contract




Jaakko Salminen

Beate Sjåfjell, Christopher M. Bruner

2019

The Cambridge Handbook of Corporate Law, Corporate Governance and Sustainability

Cambridge Law Handbooks

57

70

978-1-108-47329-3

978-1-108-65838-6

DOIhttps://doi.org/10.1017/9781108658386.009



Corporate groups are giving way to contractually organized global value chains, and any effective approach to regulating sustainability must thus account for contractually organized production. This chapter outlines the move from corporate governance to governance through contract in organizing production and the general effects of this move on sustainability regulation, and presents one approach towards conceptualizing control in contractually organized value chains. It then discusses recent approaches related to private governance, private law liability, and public regulation that are aimed at developing sustainability in contractually organized global value chains.



Last updated on 2024-26-11 at 12:08