You are asked to write a review one of the below articles. Article 2. Wettstein, F, Giuliani, E, Santangelo, G-D & Stahl, G-K 2019, ‘International business and human rights: A research agenda’,...

ASSESSMENT TASK 1: LITERATURE REVIEW
Table of Contents
Key Concepts and Theories related to Chosen Article    3
Significance of the Article in the Field of Business    3
References    5
Key Concepts and Theories related to Chosen Article
Business does not necessarily involve only buying, selling, trading and making profit. Instead, the corporations also have some responsibilities towards society. Understanding human rights is an essential component of risk management, integrity and citizenship. Multinational corporations (MNCs) work beyond the reach of government that is between economic and political globalisation and thus, they create ‘governance-gaps’, which can be exploited often towards the loss of human rights.
Business and Human Rights (BHR) has been described as the research area by Wettstein et al. (2019). Their study is basically focused on international business and the way they can engage themselves with business and human rights (BHR). They have tried to reflect BHR as a research are to the International Business (IB) scholars, then they emphasised on its importance e and finally they prepared some common themes in order to point out the evolving areas of research for integrated IB-BHR approach.
They tried to differentiate BHR from Corporate social responsibility (CSR) by the view that BHR evolved from legal scholarship while CSR emerged from management studies. They also explained that BHR is not a field of research with in its own rights but also has some discussions in related areas such as human trafficking, slavery, taxation, and employee relations. They focused on the view point that ‘human rights is not merely semantic’ that is informing that BHR requires time, a different initiation point for our reflective writing and leads to applications of the same with respect to shape, nature and the extent of CSR.
They also commented that viewing CSR as private might misinterpret the real role of the cooperation in the global economy, which is an acceptable point because these were created to protect human rights irrespective of their public or private nature. At last, they claimed that IB has not only to find advantage in BHR because of its huge knowledge in the field of MNEs but it also has a huge role in the evolvement of the BHR field.
Significance of the Article in the Field of Business
Giuliani, Santangelo and Wettstein (2016) argued that human rights are superior to other concepts because it restricts international companies regarding the open view of responsible business conduct, which compliments the view presented by Wettstein et al. (2019) because corporations try to shadow their BHR with CSRs. Obara (2017) presented another important view regarding how companies view human rights internally and they are bound to the impact due to some external mechanisms. This is a very interesting concept because how companies view human rights that are a moral, political or legal construct changes the execution of BHR from their side.
Zahra and Wright (2016) presented a contradicting view that entrepreneurship has always been promoted by MNCs and by this the generate more jobs because they are seen as the drivers of corporate financial performance and growth and also a progressive expansion in respect and HR realization on global scale this contradicts the view presented by Wettstein et al. (2019) because they separated the BHR and CSR while this view presents human rights as a CSR asset.
References
Giuliani, E, Santangelo, GD & Wettstein, F 2016 ‘Human rights and international business research: A call for studying emerging market multinationals’ Management and Organization Review, vol. 12, no. 3, pp. 631-637
Obara, LJ 2017 ‘‘What Does This Mean?’: How UK Companies Make Sense of Human Rights’ Business and Human Rights Journal, vol. 2, no. 2, pp. 249-273
Wettstein, F, Giuliani, E, Santangelo, GD & Stahl, GK 2019 ‘International business and human rights: A research agenda’ Journal of World Business, vol. 54, no. 1, pp. 54-65
Zahra, SA & Wright, M 2016 ‘Understanding the social role of entrepreneurship’ Journal of Management Studies, vol. 53, no. 4, pp. 610-629
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