Journal of International Business Policy - n° Early View -
"Global value chains (GVCs) connect consumers in the Global North with producers in the Global South. Many of these value chains are coordinated by multinational enterprises (MNEs), which act as lead firms. Weak regulations in sourcing countries and suppliers' negligence of human rights and environmental standards have led MNEs to increasingly govern the sustainability performance of their suppliers. This has largely occurred through the codification of social standards, which have been formulated by global brands or multiple stakeholders and imposed on suppliers, and their compliance has been monitored through regular factory audits. ..."
"Global value chains (GVCs) connect consumers in the Global North with producers in the Global South. Many of these value chains are coordinated by multinational enterprises (MNEs), which act as lead firms. Weak regulations in sourcing countries and suppliers' negligence of human rights and environmental standards have led MNEs to increasingly govern the sustainability performance of their suppliers. This has largely occurred through the ...
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