| The debate around the conduct of transnational corporations (TNCs) globally has been lively. Attention has focussed on the growing role of non-governmental organisations (NGOs) in ensuring that the TNCs become more accountable. NGOs influence the activities of TNCs in three crucial ways. First, through lobbying and encouraging others to lobby, they have brought pressure to bear on TNCs. Second, they have helped set and enforce regulations and standards to which, at the risk of financial loss, TNCs are keen to aspire. Third, NGOs have helped generate consumer concern to the extent that it is now a company’s long term competitive interest to act responsibly (Mulligan 1999:51). |
