The law No. 2017-399 of 27 March 2017 on the corporate duty of vigilance for parent and instructing companies sought to reflect in law the political, social and economic importance of multinational companies, and strengthen the accountability of parent companies. It is a legislative innovation, building on both the existing soft and hard legal frameworks, thus challenging its observers on their conceptions of law and legal theory. In particular, the Law introduces into substantive law some apparently unidentified legal objects, which can be new to lawyers
Sandra Cossart, Director of Sherpa, and Tiphaine Beau de Loménie, Legal Officer at Sherpa, publish the article “Stakeholders and the Duty of Vigilance” .
This article is a translation of an article originally written by the authors in December 2017 in French, entitled « Parties prenantes et devoir de vigilance », published in the International Review of Compliance and Business Ethics [Revue Internationale de la Compliance et de l’Éthique des Affaires].
