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23 J. L. Bus. & Ethics 63 (2017)
Human Rights Law, Corporate Governance and Globalization

handle is hein.journals/jourlbun23 and id is 74 raw text is: HUMAN RIGHTS LAW, CORPORATE GOVERNANCE AND GLOBALIZATION Evan A. Peterson* Joni Hyska ** Dhruv Patel*** Contents I. HUMAN RIGHTS AND INTERNATIONAL LAW ...................................................... 64 II. THE BUSINESS CASE FOR HUMAN RIGHTS ...................................................... 66 III. HUMAN RIGHTS FRAMEWORK AND THE TOP 25 FORTUNE 500 COMPANIES FO R 20 14 .......................................................................................................... 68 A. Overview of the Framework .................................................................... 68 B. Application of the Framework .................................................................. 69 C. Table 1: Overview of 2014 Top 25 Fortune 500 Human Rights Compliance Efforts ................................................................................... 69 D . Exploring the Results ............................................................................... 70 E. Table 2: Level I H ighlights ...................................................................... 71 F. Table 3: Level I H ighlights ....................................................................... 72 G. Table 4: Overview ofATS Claims against Top 25 Fortune 500 Companies for 2014 .................................................................................. 73 H . Table 5: Level IV H ighlights ..................................................................... 76 IV. CONTRIBUTIONS OVERVIEW AND IMPLICATIONS .......................................... 77 A. Developing a Human Rights Policy .......................................................... 77 B. Integrating Human Rights Policies into Organizational Processes ...... 79 C. Human Rights Impact/Risk Assessment ................................................... 79 D. Companywide Policy Integration ............................................................. 80 E. Performance M easurement ....................................................................... 81 F. Com m unicating Results ............................................................................. 81 G. Rem ediation M easures ............................................................................. 82 V . C O N CLU SION ..................................................................................................... 82 The impact of globalization on international human rights is becoming increasingly relevant to modem business. The world's largest multinational corporations (MNCs) command tremendous economic muscle and thrive in parts of the world previously dominated by local industries and controlled by national 63 23 J.L. Bus. & ETHICS 63 (2017)