ABSTRACT:
This chapter discusses and analyses the increasingly popular tool - code - that MNCs are using to meet the goal of corporate sustainability.
We discuss codes as reflexive regulation, look at the different typologies that have been created, discuss the issue of rules vs. principles approaches to writing codes, and describe a set of continuums created by Wotruba (1997) to help characterize them. We then go on to evaluate codes(including a discussion of their benefits and limitations)as a tool for sustainable corporate governance
