Socially Irresponsible Employment in Emerging-Market Manufacturers

2021 ◽  
Author(s):  
Greg Distelhorst ◽  
Anita McGahan
Keyword(s):  
Human Capital ◽  
Multinational Corporations ◽  
Value Creation ◽  
Large Scale ◽  
Corporate Social Performance ◽  
Emerging Market ◽  
Industrial Relations ◽  
Employment Practices ◽  
Emerging Market Countries ◽  
Road Systems

Are socially irresponsible employment practices, such as abusive discipline and wage theft, systematically tied to manufacturing outcomes in emerging-market countries? Drawing on a stream of stakeholder theory that emphasizes economic interdependencies and insights from the fields of industrial relations and human resource management, we argue that working conditions within a firm are facets of a systemic approach to value creation and value appropriation. Some manufacturers operate “low road” systems that rest on harmful practices. Others operate “high road” systems in which the need to develop employees’ human capital deters socially irresponsible employment practices. To test the theory, we conduct a large-scale study of labor violations and manufacturing outcomes by analyzing data on over four thousand export-oriented small manufacturers in 48 emerging-market countries. The analysis demonstrates that socially irresponsible employment practices are associated with inferior firm-level manufacturing outcomes even after controlling for the effects of firm size, industry, product mix, production processes, host country, destination markets, and buyer mix. The theory and results suggest an opportunity for multinational corporations to improve corporate social performance in global value chains by encouraging their suppliers to transition to systems of value creation that rely on the development of worker human capital.

Review of Fund Facilities-Analytical Basis for Fund Lending and Reform Options

Policy Papers ◽  
2009 ◽  
Vol 09 ◽  
Author(s):  
Keyword(s):  
Large Scale ◽  
Emerging Market ◽  
Analytical Basis ◽  
Crisis Prevention ◽  
Emerging Market Countries ◽  
Private Lending ◽  
Cooperative Institution

In the context of the ongoing review of Fund facilities, this paper examines the analytical basis for Fund lending in emerging market countries and provides a broad-ranging perspective for reforming the General Resources Account (GRA) lending toolkit. The Fund’s important lending role in crisis prevention and resolution is buttressed by its unique characteristics: (i) its ability as a nonatomistic lender to provide large-scale financing and reduce the likelihood of a run by private creditors; (ii) its ability as a cooperative institution with near-universal membership to agree conditionality with members, thus providing national authorities with a policy commitment tool to underpin confidence and catalyze private lending; and (iii) its de facto preferred creditor status, which allows it to provide crisis financing when private creditors may be reluctant to lend.

scholarly journals An Afro-Asian nexus: South African multinational firm experiences in Chinese labour markets – key focus areas

2005 ◽  
Vol 36 (3) ◽  
pp. 29-40 ◽  
Author(s):  
F. Horwitz ◽  
M. Ferguson ◽  
I. Rivett ◽  
A. Lee
Keyword(s):  
Human Capital ◽  
South African ◽  
Multinational Corporations ◽  
Joint Venture ◽  
Relevant Literature ◽  
Labour Markets ◽  
Multinational Firm ◽  
Employment Practices ◽  
Language And Culture ◽  
South Africans

This exploratory study examines perspectives of multinational corporations (MNCs) from South Africa (SA) in respect of the variables considered important in product and labour markets in China. These include how MNCs first interpret and understand cultural, human capital, regulatory factors and employment practices, before considering how they might adapt to or seek to influence them. A survey of thirteen SA firms operating or trading in these markets and interviews with South Africans who had undertaken exploratory assignments in China, were done. Key factors were identified and evaluated based on relevant literature and research. The following six focus areas were found to be important for business effectiveness in this market: understanding its market complexity, importance of joint venture partners, guanxi relationship networks, human capital, language and culture, and regulatory environment.

Multinational companies and the corporate social responsibility at home: the stakeholder approach

2019 ◽  
Vol 57 (9) ◽  
pp. 2383-2400
Author(s):  
Eun Woo Kim ◽  
Soonkyoo Choe ◽  
Jooyoung Kwak
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Multinational Corporations ◽  
Corporate Social Performance ◽  
Emerging Market ◽  
International Diversification ◽  
Truncated Regression ◽  
Content Type ◽  
Corporate Social ◽  
The Relationship

Purpose The purpose of this paper is to integrate stakeholder and international business (IB) theories to explore the relationship between the international diversification of emerging-market multinational corporations (EMNCs) and corporate social performance (CSP) in their home markets. While the IB literature generally assumes a positive effect from international diversification on CSP as a result of global learning, the study aims at investigating the complicated effects in the link to the stakeholder theory. Design/methodology/approach This paper used combined sources of public survey data (corporate social responsibility (CSR) of the Korean firms) and archival data (foreign direct investment and corporate data). A truncated regression is used for statistical model. Findings International diversification helps MNCs to enhance CSP in their home countries. Thus, EMNCs can develop CSR capabilities at the global level, thereby benefiting domestic stakeholders. Also, significant investment in domestic research and development (R&D) and advertising negatively moderates the relationship between international diversification and domestic CSP. In this regard, expanding R&D and advertising facilitates global competitiveness. Moreover, as international diversification increases, EMNCs may redirect resources and re-orient CSR policies toward foreign stakeholders. Consequently, the relationship between international diversification and domestic CSP weaken. Practical implications Acceleration in international diversification may weaken domestic CSP, which arises from transformation into the global enterprises. Originality/value The study highlights the difficulties of EMNCs in serving domestic stakeholders effectively when their businesses are increasingly internationalized.

scholarly journals DETERMINANTS OF FINANCIAL DEVELOPMENT: IMPACT OF HUMAN CAPITAL IN EMERGING MARKETS COUNTRIES

TRIKONOMIKA ◽  
2021 ◽  
Vol 20 (2) ◽  
pp. 97-104
Author(s):  
Syafira Illaina Maghfiroh ◽  
Rudi Purwono
Keyword(s):  
Human Capital ◽  
Financial Development ◽  
Emerging Market ◽  
Trade Openness ◽  
Government Expenditure ◽  
Method Of Moment ◽  
Emerging Market Countries ◽  
Domestic Savings

This study aims to examine determinants of financial development and see role of quality of human capital in financial development in 19 Emerging Market countries during 2008-2017. Financial development in this study is proxied using the financial development index to accommodate multi-dimensional of financial development. Estimation is using the dynamic panel method Generalize Method of Moment (GMM). The results show that the quality of human capital has contributed to increasing financial development in emerging market countries in 2008-2017. Meanwhile, trade openness and government expenditure do not have a statistically significant effect and domestic savings have a significant positive effect on financial development.

Change of Attitude, Technology and Practice: Identifying the Change for Increased Value Creation with Customer Co-creation

2017 ◽  
Vol 5 (1) ◽  
pp. 70-82
Author(s):  
Soumi Paul ◽  
Paola Peretti ◽  
Saroj Kumar Datta
Keyword(s):  
Social Media ◽  
New Product Development ◽  
Value Creation ◽  
Large Scale ◽  
Customer Orientation ◽  
Customer Relationships ◽  
Future Research ◽  
Management Competencies ◽  
Business Decisions ◽  
Prime Concern

Building customer relationships and customer equity is the prime concern in today’s business decisions. The emergence of internet, especially social media like Facebook and Twitter, changed traditional marketing thought to a great extent. The importance of customer orientation is reflected in the axiom, “The customer is the king”. A good number of organizations are engaging customers in their new product development activities via social media platforms. Co-creation, a new perspective in which customers are active co-creators of the products they buy and use, is currently challenging the traditional paradigm. The concept of co-creation involving the customer’s knowledge, creativity and judgment to generate value is considered not only an upcoming trend that introduces new products or services but also fitting their need and increasing value for money. Knowledge and innovation are inseparable. Knowledge management competencies and capacities are essential to any organization that aspires to be distinguished and innovative. The present work is an attempt to identify the change in value creation procedure along with one area of business, where co-creation can return significant dividends. It is on extending the brand or brand category through brand extension or line extension. This article, through an in depth literature review analysis, identifies the changes in every perspective of this paradigm shift and it presents a conceptual model of company-customer-brand-based co-creation activity via social media. The main objective is offering an agenda for future research of this emerging trend and ensuring the way to move from theory to practice. The paper acts as a proposal; it allows the organization to go for this change in a large scale and obtain early feedback on the idea presented. 

Harinder S. Kohli (ed.). Growth and Development in Emerging Market Economies: International Private Capital Flows, Financial Markets and Globalisation. New Delhi: Sage Publication 2008. 369 pages. Hardbound. Indian Rs 695.00.

2008 ◽  
Vol 47 (3) ◽  
pp. 304-305
Author(s):  
Henna Ahsan
Keyword(s):  
Capital Flows ◽  
Growth And Development ◽  
Global Economy ◽  
Emerging Market ◽  
Balance Sheet ◽  
Emerging Market Economies ◽  
New Delhi ◽  
Infrastructure Development ◽  
Market Economies ◽  
Emerging Market Countries

The book discusses the different experiences in Asia and Latin America, while covering the closely related areas under the purview of Emerging Market Economies (EMEs). The first chapter, “Introduction and Overview” has written by Harinder S. Kohli gives an excellent review of the existing literature on the subject. The book discusses six related topics which include nine papers presented at the Emerging Markets Forum Meeting held in Jakarta, Indonesia, in September 2006. The book highlights the main factors of growth and development in Emerging Market Economies (EMEs) now closely related with international capital flows, development of financial market, the countries’ ability to integrate successfully with the global economy through trade and investment and their ability to forge public-private partnerships including infrastructure development. Chapter 2, of the book is an article titled “Global Imbalances, Oil Revenues and Capital Flows to Emerging Market Countries” by Jack Boorman explains the favourable global environment and its impact on capital flows to Emerging Market Countries (EMCs). The EMCs got advantage from this benign global economic environment, such as high economic growth rate, increase in exports, better national balance sheet and increase in foreign exchange reserves, but due to high oil prices the situation has been changed.

Resource Endowments in Emerging Market Countries

2021 ◽  
pp. 097491012110043
Author(s):  
Liu Qingjie
Keyword(s):  
Food Security ◽  
Water Use ◽  
Carbon Emissions ◽  
Emerging Market ◽  
Fossil Energy ◽  
Consumption Structure ◽  
Strategic Resources ◽  
Emerging Market Countries ◽  
Consumption Reduction ◽  
Per Capita

This article examines the emerging market countries on their national strategic resources—farmland, fresh water, and fossil energy—which are analyzed from the perspectives of distribution, status of development, and existing issues. The study draws the following conclusions: Emerging market countries have abundant farmland resources yet inadequate per capita resources; because of extensive operation on farmland, grain yield is low, which threatens food security; emerging market countries are saliently short in water resources per capita and face imbalances and low productivity over water use, and their agriculture practices are water-intensive; emerging market countries are growing as global centers for production, consumption, and trade of fossil energy, with a long, coal-dominated consumption structure that has a growing momentum, which subjects them to a greater pressure to reduce carbon emissions; and emerging market countries are inefficient in the use of energy, though they have huge potential for energy conservation and consumption reduction.

scholarly journals Political ties and performance of multinational corporations in Vietnamese emerging market

Accounting ◽  
2020 ◽  
pp. 241-258 ◽  
Author(s):  
An Thi Hong Nguyen ◽  
Phuong V. Nguyen ◽  
Minh Ngoc Tuong Ly
Keyword(s):  
Multinational Corporations ◽  
Emerging Market ◽  
Political Ties ◽  
And Performance

scholarly journals Road Freight Transport Electrification Potential by Using Battery Electric Trucks in Finland and Switzerland

Energies ◽  
2021 ◽  
Vol 14 (4) ◽  
pp. 823
Author(s):  
Mehdi Jahangir Samet ◽  
Heikki Liimatainen ◽  
Oscar Patrick René van Vliet ◽  
Markus Pöllänen
Keyword(s):  
Large Scale ◽  
Ghg Emissions ◽  
Limited Range ◽  
Freight Transport ◽  
Heavy Duty ◽  
Range Extender ◽  
Percentage Points ◽  
Road Freight ◽  
Road Systems ◽  
Gross Vehicle Weight

Medium and heavy-duty battery electric trucks (BETs) may play a key role in mitigating greenhouse gas (GHG) emissions from road freight transport. However, technological challenges such as limited range and cargo carrying capacity as well as the required charging time need to be efficiently addressed before the large-scale adoption of BETs. In this study, we apply a geospatial data analysis approach by using a battery electric vehicle potential (BEVPO) model with the datasets of road freight transport surveys for analyzing the potential of large-scale BET adoption in Finland and Switzerland for trucks with gross vehicle weight (GVW) of over 3.5 t. Our results show that trucks with payload capacities up to 30 t have the most potential for electrification by relying on the currently available battery and plug-in charging technology, with 93% (55% tkm) and 89% (84% tkm) trip coverage in Finland and Switzerland, respectively. Electric road systems (ERSs) would be essential for covering 51% trips (41% tkm) of heavy-duty trucks heavier than 30 t in Finland. Furthermore, range-extender technology could improve the trip electrification potential by 3–10 percentage points (4–12 percentage points of tkm).

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