Firm participation in voluntary regulatory initiatives: The Accord, Alliance, and US garment importers from Bangladesh

John S. Ahlquist, Layna Mosley

Research output: Contribution to journalArticlepeer-review

17 Scopus citations

Abstract

Most research on private governance examines the design and negotiation of particular initiatives or their operation and effectiveness once established, with relatively little work on why firms join in the first place. We contribute to this literature by exploring firms’ willingness to participate in two recent, high-profile private initiatives established in the aftermath of the Rana Plaza disaster in the Bangladesh ready-made garment (RMG) sector: the Accord on Building and Fire Safety and the Alliance for Worker Safety in Bangladesh. Using novel shipment-level data from U.S. customs declarations, we generate a set of firms that were “eligible” to join these remediation initiatives. We are able to positively attribute only a minority of US RMG imports from Bangladesh to Accord and Alliance signatories. Firms with consumer-facing brands, publicly-traded firms, and those importing more RMG product from Bangladesh were more likely to sign up for the Accord and Alliance. Firms headquartered in the USA were much less likely to sign onto remediation plans, especially the Accord.

Original languageEnglish (US)
Pages (from-to)317-343
Number of pages27
JournalReview of International Organizations
Volume16
Issue number2
DOIs
StatePublished - Apr 2021
Externally publishedYes

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics
  • Political Science and International Relations

Keywords

  • Bangladesh
  • MNCs
  • Private governance
  • Supply chains
  • Worker rights

Fingerprint

Dive into the research topics of 'Firm participation in voluntary regulatory initiatives: The Accord, Alliance, and US garment importers from Bangladesh'. Together they form a unique fingerprint.

Cite this