The Effectiveness of Transnational Private Governance

Abstract

Global governance research only recently discovered the output dimension of transnational self-regulatory arrangements (Börzel and Risse 2002, 2005; Rieth and Zimmer 2004: 28; Conzelmann and Wolf 2007a, 2007b). Adequate yardsticks are still sought to evaluate the effectiveness of norm and rule setting by corporate actors, alone or in cooperation with states and NGOs, and in individual or collective self-regulatory arrangements. To fill this gap, a comprehensive conceptual framework is developed to assess the effectiveness of corporate contributions to global governance. A consolidated model for assessing corporate norm-entrepreneurship is introduced and applied to select individual and collective self-regulatory arrangements.