1. The Effectiveness of TNC Investment in Private Governance for the Sustainability of the Global Agrifood System.
- Author
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Fuchs, Doris and Kalfagianni, Agni
- Subjects
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INTERNATIONAL business enterprises , *AGRICULTURAL industries , *SUSTAINABILITY , *ENVIRONMENTAL health , *ORGANIZATIONAL effectiveness - Abstract
Transnational corporations have become key players in many areas of global governance, including global agrifood governance. One element of their influence on global rules and norms and the associated allocation of goods and values are private governance schemes. Private governance - especially TNC dominated private governance, which is the focus of this paper -, however, has received ambivalent evaluations in politics and science. Opinions on its potential contribution to the pursuit of sustainable development diverge widely. A real understanding of the potential contribution of private governance to the pursuit of sustainable development requires an inquiry into the conditions, under which TNCs are likely to design and implement effective - in terms of the creation of public goods - rather than rhetorical private governance schemes. The present paper, therefore, attempts to identify the determinants of the willingness of TNCs to design such effective private governance institutions for the case of agrifood governance. In our effort to assess the determinants of effective TNC engagement in private agrifood governance, we define effectiveness in terms of the stringency of private food standards. We argue that this effectiveness will be a function of external pressure, internal collaborative structures, the characteristics of available solutions as well as the size and heterogeneity of the group of actors designing and implementing the given private governance institution. [ABSTRACT FROM AUTHOR]
- Published
- 2011