Global Business in Local Culture : The Impact of Embedded Multinational Enterprises / by Philipp Aerni.
2018
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Details
Author
Title
Global Business in Local Culture : The Impact of Embedded Multinational Enterprises / by Philipp Aerni.
Added Corporate Author
Edition
1st ed. 2018.
Imprint
Cham : Springer International Publishing : Imprint: Springer, 2018.
Description
XVI, 122 p. online resource.
Series
SpringerBriefs in economics. 2191-5504
Formatted Contents Note
Introduction
Societal foundations of economic development
Neoliberalism: a mythical and meaningful term devoid of any deep thought
The impact of popular stereotypes in academic research and public policy
New Economic Sociology and re-definition of the term 'embeddedness'
Economic globalization as a "disembedding" force?
Embedded MNEs and their contribution to sustainable change
Development cooperation as a catalyst for sustainable long- term FDI
Concluding remarks.
Societal foundations of economic development
Neoliberalism: a mythical and meaningful term devoid of any deep thought
The impact of popular stereotypes in academic research and public policy
New Economic Sociology and re-definition of the term 'embeddedness'
Economic globalization as a "disembedding" force?
Embedded MNEs and their contribution to sustainable change
Development cooperation as a catalyst for sustainable long- term FDI
Concluding remarks.
Summary
This book examines the impact of multinational enterprises (MNEs) on local economies, and presents selected case studies of MNEs operating in low income countries. By balancing external social and environmental costs against its corresponding benefits, the book demonstrates that MNEs can have a positive net-impact on local development if they build up social capital by embedding themselves in local economies and engaging responsibly with local stakeholders. By doing so MNEs contribute to inclusive growth, a central pillar of the UN Sustainable Development Goals. In this context, the book challenges popular narratives in civil society and academia that frame foreign direct investment (FDI) merely as a threat to human rights and sustainable development. Moreover, it offers practical guidance for globally operating businesses seeking to establish progressive Corporate Social Responsibility (CSR) strategies of their own.
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Alternate Title
SpringerLink electronic monographs.
Language
English
ISBN
9783030037987
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