Multinational Enterprise Pursuit of Minimized Liability: Law, International Business Theory and the Prestige Oil Spill.

Nombre del Art{iculo: Multinational Enterprise Pursuit of Minimized Liability: Law, International Business Theory and the Prestige Oil Spill.

This Article examines the activities of various multinational enterprises (MNEs) involved in the Prestige oil spill of 2002. The liability exposure of such enterprises is found to have been minimized by three legal phenomena which result from the current treatment of MNEs under national and international law. Review of the Prestige spill suggests that MNE liability exposure may be minimized by: (1) outsourcing, (2) reliance on renegade regime regulation, and (3) operation of the corporate veil. The reason for this observed minimized MNE liability is twofold. First. the current legal landscape which frames MNE activities is deficient to the extent that it facilitates this minimization. Second, MNEs adopt available minimization strategies to reduce liability exposure because this is consistent with their broader operational tendencies, as is explained in international business and international political economy scholarship. For instance, MNEs seek reduced liability exposure because this is consistent with their drive to reduce transaction costs.

Cita.
Hansen, R. (2008, June). Multinational Enterprise Pursuit of Minimized Liability: Law, International Business Theory and the Prestige Oil Spill. Berkeley Journal of International Law, 26(2), 410-451. Retrieved October 17, 2008, from Business Source Premier database.


Autor principal.
Robin F.Hansen