Encroachment of Social Licence on Australia's Trade and Investment

Description

This article examines the concept of social licence from the perspective of Australia’s Trade and Investment. Social licence is a fluid concept which eludes specific definition and yet, it creates substantial compliance overhang for corporations and businesses in terms of meeting community expectations. The article uses the institutional theory to provide the conceptual foundation beneath the structuring of two original models (single-layered and dual-layered regulation) to explain the observable effects of social licences within Australia. The practical effects are explained through four carefully chosen sectors from Australia. Overall, the article argues that social-licence based narratives will begin to increasingly intrude into international trade and investment and that the current mechanisms are ill-equipped to deal with this trend

Period	15 Feb 2019
Held at	ANZSIL International Economic Law Interest Group
Event type	Workshop
Location	Christchurch, New Zealand
Degree of Recognition	International