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March 2, 2004 issue

Stephen Kobrin

Photo by Jeff Watts

Multinationals need international human rights watchdog

In 2002 Talisman Energy, an independent Canadian oil company sold its stake in a Sudanese oil project. The company had been the target of protests by religious organizations and nongovernmental organizations (NGOs), which contended that Talisman was complicit in the human rights abuses propagated in the long-running Sudanese Civil War. Last week, Stephen Kobrin, the William H. Wurster Professor of Multinational Management at the University of Pennsylvania’s Wharton School of Business, used the Talisman situation as an example of how multinational corporations bear responsibility and liability when they deal with propagators of human rights abuses. Speaking to a crowded SIS lounge, Kobrin said that multinational business cases, such as Talisman’s, couldn’t be dealt with simply through NGO protests or ad hoc court proceedings but must become the jurisdiction of an international body with the power to draw up and enforce human-rights-friendly guidelines.

—KL

 

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Multinationals need international human rights watchdog