OECD Publishing's Annual Report on the OECD Guidelines for Multinational PDF

By OECD Publishing

ISBN-10: 926401912X

ISBN-13: 9789264019126

The OECD guidance for Multinational firms are thoughts to multinational businesses on their behavior in such parts as labour, setting, shopper safeguard and the struggle opposed to corruption. The options are made through the a

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Additional info for Annual Report on the OECD Guidelines for Multinational Enterprises: 2003 Edition: Enhancing the Role of Business in the Fight Against Corruption

Example text

Two experienced NCPs expressly mentioned an inverse relationship between publicity and the resolution of specific instances: one suggested that publicity might inhibit the resolution of the specific instance, while the other stated that confidentiality may enhance it. One experienced NCP noted its intention to make public only the existence of a specific instance. Another experienced NCP made a similar suggestion: “basic information that the specific instance is [being] handled could be made available…” Yet another experienced NCP stated that “Information would be made public with the consent of the participating parties, preferably at the conclusion of the instance”.

Notwithstanding © OECD 2003 47 Annual Report on the OECD Guidelines for Multinational Enterprises the format they had developed, these NCPs stated, in their responses to the questionnaire, that they were willing to entertain specific instances raised in other formats, for example, letters. None of the respondent NCPs have initiated their own specific instance. ”, all responding NCPs answered No. There appeared to be difference of views as to whether it is possible for NCPs to initiate their own specific instances.

Some market arrangements are designed to ensure supplier accountability for particular aspects of performance (often product quality). For example, aircraft manufacturers employ purchasing practices that permit them to control the quality of parts they buy from suppliers – even if transactions take the form of arms length market purchases. They do this through quality standards, supplier certification and product tracing systems. Such arrangements involve investments in standards, certification and tracing systems, but the supplier-purchaser relationship itself does not involve investment in the traditional sense of foreign direct investment.

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