| Sumario: | Although social responsibility was once primarily the domain of large organizations trying to be good citizens, it now applies to an increasing variety of business partnerships involving multinational and local enterprises in both industrialized and developing economies. Three private-sector initiatives that address labor practices in transnational enterprise operations are discussed, and their effectiveness is considered. Specifically, an examination of the content and operation of codes of conduct, social labeling programs, and investor initiatives reveals the mixed reception that such initiatives are given, not just by business, consumers, and other interested private-sector actors, but also by those concerned with the public effects of this disparate yet persistent pursuit of a private form of social justice for private gain.
|