Third Party Due Diligence

<p>The thesis identifies the practical and legal-economic limitations of third party due diligence and highlights potential improvements to supply chain legislation, including in particular the introduction of a country benchmarking system and the recognition of a legal judgement rule in supply chain law. From a corporate perspective, effective third party due diligence can help to avoid current and future liability risks, protect the company’s reputation and strengthen the resilience of its value chain. In this respect, it becomes clear that the differences between due diligence requirements under supply chain law and corporate law are smaller than often suggested.</p>