Soft Law

Soft law refers to guidelines, principles, or standards that influence behavior and decision-making but are not legally binding like formal laws or regulations. Examples include international agreements, corporate codes of conduct, or industry standards. While they do not have legal force, soft law can shape policies, encourage compliance, and influence the development of binding rules. It often serves as a bridge between voluntary practices and enforceable laws, guiding organizations and governments toward common goals without the threat of legal penalties.