Corporate Structural Change and Social Dialogue in the Chemical Industry - Working Paper 240

Chemical industry growth is partially dependent upon a dominant feature known as restructuring.This working paper examines how social dialogue benefits chemical firms and their workers in equal measure. In particular, timely dialogue and prior consultations are more likely to lead to successful restructuring plans because they allow chemical firms to retain the support and cooperation of their workers. Global chemical firms are required to respect the full set of internationally recognized rules of law and codes of conduct, with an emphasis on the ILO Fundamental Human Rights Conventions, everywhere in the world, for all workers and people at large at all times, and in particular, in times of restructuring.