ABSTRACT
Global governance shifted from interstate cooperation to more complex forms of cooperation, involving participation by transnational actors, such as non-governmental organizations (NGOs), advocacy networks, party associations, and multinational corporations (MNCs). When examining the role of different components of global governance in the context of the crisis of legitimacy, one of the most important non-state actors, MNCs are a major target of contestations over the legitimacy of actors, issues, and mechanisms of global governance as they shape the world in favour or some interests rather than others. Given their increased power since the end of the Cold War and by the intensification of globalization, MNCs are expected to take responsibility and provide solutions for different issues and problems of global governance. This chapter aims to contribute to the debate on the transnational actors’ legitimacy in global governance through the case of MNCs by applying input, throughput and output legitimacy model.
