Hostname: page-component-586b7cd67f-rcrh6 Total loading time: 0 Render date: 2024-11-21T10:04:59.950Z Has data issue: false hasContentIssue false
  • English
  • Français

Corporate responsibility, multinational corporations, and nation states: An introduction

Published online by Cambridge University Press:  20 January 2017

Aseem Prakash  and
Jennifer J. Griffin
Jennifer J. Griffin
Affiliation:
Strategic Management & Public Policy Department, The George Washington University, School of Business, Washington, DC, USA. E-mail: [email protected]
Get access Rights & Permissions [Opens in a new window]

Abstract

This special issue of Business and Politics examines how multinational corporations (MNCs) respond to the twin pressures of globalization and localization when implementing corporate responsibility (CR) policies. While MNCs are often viewed as agents of global economic integration, MNCs are impacted by globalization pressures, often in ways they cannot adequately control. As economies globalize, so do politics and stakeholder expectations that MNCs must negotiate as they manage their global operations. Working from the premise that CR strategies need to cohere with product and factor market strategies, the papers in this special issue make two contributions. First, they suggest that CR is an integral component of MNCs’ market and non-market strategies. Second, in addition to multi-domestic CR strategies, MNCs should consider international and global CR strategies as well.

Type
Introductory Essay
Information
Business and Politics , Volume 14 , Issue 3: Special Issue: Corporate Responsibility, Multinational Corporations, and Nation States , October 2012 , pp. 1 - 10
Copyright
Copyright © V.K. Aggarwal 2012 and published under exclusive license to Cambridge University Press 

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Baron, D. 1995. “Integrated strategy: market and nonmarket components.” California Management Review 37 (2): 47–65.Google Scholar
Bartlett, C. A. and Ghoshal, S. 1989. Managing across borders. Boston, MA: Harvard Business School Press.Google Scholar
DiMaggio, P. and Powel, W. W. 1983. “The iron cage revisited.” American sociological review 48: 147–160.Google Scholar
Friedman, M. 1970. “Social responsibility of business.” The New York Times Magazine, September 13, 33: 122–126.Google Scholar
Griffin, J. J. and Koerber, C. “Forthcoming. Corporate responsibility and management: understanding global and local implications.” In: Fort, T. L. (ed.), The vision of the firm and its governance. Dordrecht, NL; Heidelberg, Germany; London, UK; NY: Springer.Google Scholar
Griffin, J. J. and Mahon, J. F. 1997. “The corporate social performance and corporate financial performance debate: twenty-five years of incomparable research.” Business and Society 36 (1): 5–31.Google Scholar
Griffin, J. J. and Prakash, A. Forthcoming. Corporate responsibility: initiatives and mechanisms. Business and Society.Google Scholar
Gunningham, N., Kagan, R. and Thornton, D. 2003. Shades of green: business, regulation and the environment. Stanford, CA: Stanford University Press.Google Scholar
Margolis, J. D. and Walsh, J. P. 2003. “Misery loves companies: rethinking social initiatives by business.” Administrative Science Quarterly 48: 268–305.Google Scholar
Matten, D. and Moon, J. 2008. “‘Implicit’ and ‘Explicit’ CSR: a conceptual framework for a comparative understanding of corporate social responsibility.” Academy of Management Review 33 (2): 404–424.Google Scholar
Potoski, M. and Prakash, A. 2009. Voluntary programs: a club theory perspective. Cambridge, MA: MIT Press.Google Scholar
Prakash, A. 2002. “Beyond seattle: globalization, the non-market environment, and business strategy.” Review of International Political Economy 9 (3): 513–537.Google Scholar
Prakash, A. and Potoski, M. 2006. “Racing to the bottom? globalization, environmental governance, and ISO 14001.” American Journal of Political Science 50: 347–361.Google Scholar
Prakash, A. and Potoski, M. 2007. “Investing up: FDI and the cross-national diffusion of ISO 14001.” International Studies Quarterly 51: 723–744.Google Scholar
Putnam, R. D. 1988. “Diplomacy and domestic politics: the logic of two-level games.” International Organization 42: 427–460.Google Scholar
Sachs, J. D. and Warner, A. M. 1995. Natural resource abundance and economic growth, development discussion paper no. 517a. Cambridge, MA: Harvard Institute for International Development.Google Scholar
Vogel, D. 2005. The market for virtue. Washington, DC: Brookings Institution Press.Google Scholar