1. Ranking for Good? A Comparative Assessment of the Performance of French Corporations in Human Rights Rankings
- Author
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George, Erika, Restrepo-Amariles, David, University of Utah, Ecole des Hautes Etudes Commerciales (HEC Paris), and HEC Paris Research Paper Series
- Subjects
corporate social responsibility ,JEL: I - Health, Education, and Welfare/I.I3 - Welfare, Well-Being, and Poverty/I.I3.I31 - General Welfare, Well-Being ,JEL: K - Law and Economics/K.K3 - Other Substantive Areas of Law/K.K3.K33 - International Law ,JEL: K - Law and Economics/K.K3 - Other Substantive Areas of Law/K.K3.K32 - Environmental, Health, and Safety Law ,JEL: M - Business Administration and Business Economics • Marketing • Accounting • Personnel Economics/M.M1 - Business Administration/M.M1.M14 - Corporate Culture • Diversity • Social Responsibility ,Indicators ,[SHS.GESTION]Humanities and Social Sciences/Business administration ,measurement ,human rights ,sustainability ,JEL: I - Health, Education, and Welfare/I.I1 - Health/I.I1.I15 - Health and Economic Development ,JEL: I - Health, Education, and Welfare/I.I1 - Health/I.I1.I18 - Government Policy • Regulation • Public Health ,JEL: I - Health, Education, and Welfare/I.I3 - Welfare, Well-Being, and Poverty/I.I3.I32 - Measurement and Analysis of Poverty - Abstract
In recent years, greater attention has been given to developing metrics that measure more than a country’s gross domestic product (GDP). Similarly, greater consideration has been given to more than just the financial performance of commercial enterprises; corporations are now expected to conduct business in ways that are responsible and sustainable, giving attention to a triple bottom line where the planet and people are prioritized along with profits. Taking French government policy and the performance of French multinational corporations as a case in point, this article explores the ways in which emerging indicators and instruments on business and human rights are relevant to the impact of business on well-being. This article examines which reporting frameworks and ranking systems best capture human rights and sustainability risks that could compromise well-being. Specifically, the article analyzes the frameworks and indicators used to measure human rights performance and the impact of rights rankings on business management. It also reviews responses by corporations to rights rankings as indicia of how measurements might be perceived as likely to result in changes in investor and consumer behavior or place brand reputation at risk.
- Published
- 2020