Global Union Research Network –
GURN
A new link for you to visit.
The Global Union
Research Network, GURN (http://www.gurn.info/index.html),
was established in January 2004 as a follow up to the
millennium debate of the Global Union Federations (GUFs).
After a request from the international labour movement
the initiative to establish the network was taken by the ILO's
Bureau for Workers' Activities (ACTRAV) in cooperation with
the International Confederation of
Free Trade Unions (ICFTU), the Trade Union Advisory Committee to the OECD (TUAC) and the ILO's
International
Institute for Labour Studies (IILS). The aim of the research network is to give union
organizations better access to research carried out within
trade unions and allied institutions, while enabling them to
exchange information on matters of joint concern and to
develop the capacity to make analyses and take part in debates
and policy formulation.
A GURN concern
The issue of the
governance and accountability of corporations has recently
come to the fore following a wave of high profile corporate
scandals and collapses. Corporate governance is about the accountability mechanisms
that govern the relations among shareholders, the board of
directors, senior management, the workers and other
stakeholders (creditors, suppliers, local communities, etc.).
Enron, WorldCom, Parmalat, to name but a few of the
corporate scandals in the US and Europe, all have in common
blatant failures in assuring the integrity of those
accountability mechanisms.
These crises have revised the international aspect of
corporate governance as have the recent waves of cross-border
mergers and acquisitions where companies can "choose"
which system of national law their governance is regulated by.
However, corporate governance also has to be seen
within a wider context than that of the transatlantic capital
markets. The role
of the modern corporation (eg public listed corporations) is
pivotal to the public debate about globalisation and
sustainable development. Until recently much of that debate has focussed on the
external impact of corporate behaviour, for example on labour
standards generally, or on the environment.
By contrast insufficient attention has been paid to the
internal governance mechanisms of corporations.
Trade unions have a key role to play in the global and
national agendas of corporate governance reform.
Within a labour perspective, corporate governance is
one aspect, among others which also include, collective
bargaining, ensuring corporate compliance with domestic,
regional and international laws and agreements, and wider
stakeholder dialogue (including Corporate Social
Responsibility [CSR]).
Trade unions are
campaigning for the implementation of an effective national
and international framework of rules and standards to ensure
good corporate governance and accountability and wider market
integrity, along with regulatory systems to ensure effective
implementation and enforcement.
Depending on the national framework that governs
corporations, approaches will differ.
Continental European workers have a voice within the
internal governance structure of corporations (works councils,
board level employee representation).
Others, such as in Anglo-American countries, the labour
movement seeks influence over institutional investors,
including pension funds, to act as responsible and long term
shareholders of the companies they invest workers' retirement
funds, or through traditional collective bargaining.
Social
accountability is to be part of the theme for OHSEI’s 2004
Theme Conference.
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