Article | REF: AG1442 V1

Dispute resolution in a globalized world : arbitration and prevention

Author: Anne E. DEYSINE

Publication date: April 10, 2017

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8. Responsible corporate citizenship

Corporate social responsibility has become both a slogan and a marketing tool, with the "Sustainable Development" report, for example, presenting actions carried out on the African continent. But it is also an area of law governed by numerous rules of national and international law, as well as flexible law. And failure to comply with these rules, some of which apply extraterritorially, can have dramatic consequences for the company, its future and its image.

A good example is the anti-bribery legislation that originated in the United States and was extended through the OECD Anti-Bribery Convention.

The current application of American law has become a real risk for companies, which they must take into account. However, recent examples show that the risks are everywhere, and can arise from both US stock...

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