Public Law Studies Quarterly

Legal Standardization of the Activities of Transnational Companies and its Impacts on Globalization and Attracting Foreign Investment

Document Type : Article

Authors

Mina Ghodrati Rad 1
Ali porghasab amiri 2
Ahmadreza Behniafar 3

1 PhD Student, Department of Public Law, Damghan Branch, Islamic Azad University, Damghan, Iran

2 Department of International Law, Damghan Branch, Islamic Azad University, Damghan, Iran

3 Department of Theology and Education, Damghan Branch, Islamic Azad University, Damghan, Iran

https://doi.org/10.22059/jplsq.2022.337044.2992
Abstract
Today, the world depends on the rules governing transnational corporations, and transnational corporations have become one of the main concerns at the national and international levels. The method of traditional standards does not meet the requirements of traditional standards in all countries and does not have the guarantee of proper implementation. Internal and even existing regulations in companies are considered. Following the activities of these companies, the question arises as to what is the obligation to comply with legal laws or violate these laws and standards? It seems that globalization and structural changes in the performance of governments can be considered as one of the most important reasons for increasing power and, consequently, the role of transnational corporations and attracting foreign investment at the domestic and international levels. Legal ethics are automatically observed, and in others, legal standards are violated, so they need to establish legal order and standardization. In this paper, using a descriptive-analytical method, the objectives of foreign investment by transnational companies as the main goal and the challenges in this field are examined.

Keywords

development of international relations
globalization
foreign investment
transnational corporations
developing countries
legal order
Subjects

  1. English

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Public Law Studies Quarterly
Volume 54, Issue 3
Autumn 2024
Autumn 2024
Pages 1667-1684

  • Receive Date 08 January 2022
  • Revise Date 11 February 2022
  • Accept Date 27 February 2022

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