The Social and Environmental Responsibilities of EU Multinational Corporations in Saudi Arabia: A Critique of the Saudi National Law and a Proposal for a New Legislative Framework
This thesis examines the social and environmental responsibilities of EU multinational corporations (MNCs) in Saudi Arabia. It found that such corporations do not have enough social and environmental responsibilities when they operate in Saudi Arabia. It argues that as Saudi Arabia seeks economic growth, the Saudi government should ensure that strict regulations are adopted in order protect the environment and the people. The development needed by Saudi Arabia through foreign investment needs to be subject to environmental and social considerations. Therefore, the thesis argues that the Saudi government should introduce reforms to its company law and corporate governance regulations. Moreover, this thesis introduces a proposal for a new corporate responsibility law in Saudi Arabia.
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