scholarly journals Study of the social impact of investment activities of foreign companies on the development of society: a review and analysis

2020 ◽  
Vol 159 ◽  
pp. 06010
Author(s):  
Dinara Rakhmatullayeva ◽  
Aiman Khajiyeva ◽  
Tolkyn Kakizhanova ◽  
Shalkar Boluspayev

In this study, based on an analysis of foreign experience, the authors systematized the main tools for assessing the social impact of investments, including foreign direct investment (FDI), on the development of the economy and society. The authors made an attempt to generalize and explore the essence and content of each approach and recommend them for use in Kazakhstan’s practice. This is important not only for improving the investment policy in the field of attracting and regulating the activities of direct investors in Kazakhstan, but also for increasing their social responsibility to the country’s society.

Author(s):  
Natalya Smith ◽  
Ekaterina Thomas

Despite the vast and growing literature on the economic impact of foreign direct investment (FDI), its social significance is somewhat a neglected issue. Focusing on Russia, this chapter examines the effect of FDI and (formal) institutions (proxied, alternatively, by the [1] accumulated stock of small and medium sized firms or SMEs and [2] number of economic crimes per 100,000 population or corruption) on (informal) institutional change (proxied by the change in the number of violent and property crimes per 100,000 population). The empirical findings provide robust support for a significantly positive direct impact of SMEs, whilst observing a significantly negative effect of corruption and either significantly positive impact of FDI or insignificant effect of multinational firms in this context.


Author(s):  
Anna Romanovska ◽  
◽  
Viktoriia Velychko ◽  

The article deals with the origins and formation processes of social responsibility in business. The social concepts of businesses and households cooperation are analyzed. The author clarifies the nature and peculiarities of the application of the concepts of economic responsibility, basic business strategy, duties and stakeholders in foreign countries. The analysis of foreign experience of development of social enterprises is given. Perspective directions of development of socially oriented enterprises are considered. The specific features of these concepts application in foreign companies with regard to the conditions of development in Ukraine are studied. Implementation directions of certain provisions of the following concepts in the domestic realities are offered. Essence and directions of introduction of socially responsible business are analysed in the article, the analysis of advantages and defects is conducted from socially responsible behavior of companies as for them so for the state and society.


Yuridika ◽  
2017 ◽  
Vol 30 (1) ◽  
pp. 84
Author(s):  
Widhayani Dian Pawestri

Prioritizing the social justice to protect national interests based on constitution becomes one of the problems in our economic development, especially in foreign direct investment of natural resources. UUD NRI 1945 as the economic constitution is the fundamental basis to make a foreign direct investment policy. Similar to embodying justice, State has to prioritize social justice and stand on the national interests so that state can achieve its purpose through foreign direct investement.


Author(s):  
JT Norris, Jr.

Foreign investment in China is once again beginning to grow as the economy sees signs of recovery.  Companies looking to establish a presence in mainland China, have three options to evaluate and choose between 1) entering into a joint-venture, 2) acquiring an existing company, or3) developing an organization via Green Field development.  This paper delves deeper into these three options, outlining the benefits and pitfalls of each approach.  The purpose is to provide the reader with a general overview of investment vehicles available in China and to guide the business professional in a course of action, including the social impact of these options.


2019 ◽  
pp. 1542-1558
Author(s):  
Natalya Smith ◽  
Ekaterina Thomas

Despite the vast and growing literature on the economic impact of foreign direct investment (FDI), its social significance is somewhat a neglected issue. Focusing on Russia, this chapter examines the effect of FDI and (formal) institutions (proxied, alternatively, by the [1] accumulated stock of small and medium sized firms or SMEs and [2] number of economic crimes per 100,000 population or corruption) on (informal) institutional change (proxied by the change in the number of violent and property crimes per 100,000 population). The empirical findings provide robust support for a significantly positive direct impact of SMEs, whilst observing a significantly negative effect of corruption and either significantly positive impact of FDI or insignificant effect of multinational firms in this context.


1970 ◽  
Vol 18 (1) ◽  
pp. 46-69
Author(s):  
Nicholas Onyemechi Alumona

The question of Africa’s development has continued to occupy the front burner from the social and economic discussions by scholars of various divides. But Africa’s development through foreign direct investment has become a recent challenge to the African continent. African social critics and commentators as well as Western scholars have attributed the seeming slow pace of development in Africa to several factors discouraging foreign direct investment. Suggestions and literature on how to overcome these factors abound; all calling on African states to provide the enabling environment for foreign investors under this arrangement to help in solving Africa’s socio-economic problems. In this essay, we adopt the method of analysis and argue that rather than blame African states for the underperformance of foreign direct investment, policy makers should be more humanistic in entering into economic agreement with the advanced countries of the world and ensure that such agreements accommodate certain positive values of the host continent. It therefore concludes that with interculturalism as the foundation of any economic solution to Africa’s development problem, whether external or homegrown, Africans would appreciate and participate more in development activities that concern them.


2015 ◽  
pp. 151-156
Author(s):  
A. Koval

The improving investment climate objective requires a comprehensive approach to the regulatory framework enhancement. Policy Framework for Investment (PFI) is a significant OECD’s investment tool which makes possible to identify the key obstacles to the inflow foreign direct investment and to determine the main measures to overcome them. Using PFI by Russian authorities would allow a systematic monitoring of the national investment policy and also take steps to improve the effectiveness of sustainable development promotion regulations.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Hamdi Khalfaoui ◽  
Abdelkader Derbali

Purpose The purpose of this paper is to elucidate the main determinants of foreign direct investment (FDI) in the case of the Arab Maghreb countries. Design/methodology/approach We employ a dynamic panel analysis using the General Method of Moments for a sample composed of 105 countries over the period 1985–2018. Findings We show that FDI stability, market size, higher education enrolment, quality of institutions, distance, sharing of common border, and bilateral investment and integration agreements are the main determinants of FDI location. These determinants are neither general. The potential for attracting FDI from AMU countries is poorly exploited. FDI to the AMU is lower than estimated stock. The observed FDI to potential FDI ratio does not exceed 87%. France and Spain are the main investors in the AMU region thanks to historical and cultural links. The FDI from the United States, Canada, Germany, Belgium, and Japan are below what is expected. Originality/value The contribution of this paper is observed on the examining oh the determinants of the FDI in the Arab Maghreb countries. Our study demonstrate that the political stability can decrease investment risk in these countries. The administrations correspondingly require expanding their rules and strategies with union demonstrations which were at the beginning of the departure and closing of several foreign companies.


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