scholarly journals Viability of Business as an International Development Actor

Author(s):  
Emma Bugg

Business plays a central role in international development as both an intentional and unintentional actor. This paper evaluates the role of business as an international development actor and considers the benefit corporation, a for-profit entity that holds in equal part public benefit and profit within their mandate, as a potential avenue for businesses to play an intentional positive role. The current role of business in international development is hard to define, but its effects are certainly mixed. What is clear is that the behaviours of businesses have significant impacts on both human and environmental security. Many development efforts are based on the belief that a strong private sector and competitive markets are essential conditions for development. This has defined business’s role in development as mostly geared towards wealth creation, employment, and providing goods and services. Business practices and their effects on communities globally have repeatedly demonstrated the need for a code of ethics and the importance of caution and impact assessments as businesses shift into intentional roles as development actors. The benefit corporation model provides an opportunity for businesses to operate internationally while playing a positive role in international development. This paper uses CSR theory, a framework of classification for development agents, and a case study of the benefit corporation Patagonia to evaluate the viability of the benefit corporations as international development actors.

Think India ◽  
2013 ◽  
Vol 16 (3) ◽  
pp. 24-33
Author(s):  
Naresh Sharma

This paper attempts to examine the ethical dilemmas faced by the managers in making decisions in the marketing of food products. In the prevailing business environment, most of the organisations primarily aim to optimize profits in the long term survival what has emerged critical for feel-factor among the existing and prospective consumers and commitment among employees. A decade ago concept of ethical marketing was restricted to few known companies or selected brands but as a general marketing phenomenon it is only in the recent times that it has come to be accepted as critical to sustaining long term growth of the business across the global marketing spectrum. The dictates of the intense competition and global access to the goods and services have made ‘social responsibility’ as the cardinal mantra for transacting business. In the emerging market scenario, business practices and transparency in the market are not only found to be essential but have also become a basic requirement under the existing laws of the land and as such the role of marketers in decision making functions has changed under emerging new realities.


2020 ◽  
Vol 12 (16) ◽  
pp. 6485
Author(s):  
Gayoung Choi ◽  
Taeyoung Jin ◽  
Yoonjeong Jeong ◽  
Sue Kyoung Lee

The Sustainable Development Goals (SDGs), also known as Global Goals, were adopted by the United Nations (UN) in 2015 with a universal call for action to achieve a better and global sustainable future by 2030. Public-private partnerships (PPPs) have been recognized as an innovative mechanism for achieving UN SDGs because they help the public sector provide basic goods and services by enabling the use of the experience and funds of the private sector. This study examines the PPP network by visualizing the relationship among stakeholders through social network analysis. Considering the case of the Partnership for Green Growth and Global Goals 2030 (P4G), this study investigates the actors and the relationship between the actors by stage and year. As a result, the study visualized the network of PPPs in P4G, thereby revealing that the partnerships were evolving since the participants’ relationships became stronger each year. Moreover, the role of each actor became clearer at each stage. The findings provide practical guidance for practitioners interested in promoting international development cooperation through PPPs in the future.


Polar Record ◽  
2020 ◽  
Vol 56 ◽  
Author(s):  
Kong Soon Lim

Abstract In recent years, two soft law instruments have emerged to promote sustainable development in the Arctic, namely the Arctic Investment Protocol by the World Economic Forum Global Agenda Council on the Arctic and the Arctic Economic Council’s Code of Ethics. These instruments seek to foster sustainable development through responsible investment and good business practices. The emergence of these soft law instruments by non-State actors demonstrates an interest from the business sector and Arctic stakeholders to develop business norms and standards of sustainable development that are specific to the region. In understanding the potential and scope of these instruments, this paper considers the role of both instruments in driving sustainable development in the Arctic.


2019 ◽  
Vol 5 (2) ◽  
pp. 139
Author(s):  
Theresia Febiengry Sitanala

An increase in the number of corruption cases in the goods and services procurement at government agencies in Indonesia causes the country to suffer significant losses. This condition proves the noncompliance of the goods and services procurement officials with the code of ethics for the implementation of goods and services procurement. Corruption cases in the goods and services procurement tend to involve goods and services procurement officials, both as Budget User Authorities, Commitment Making Officials, and Technical Implementation Activities Officials. In other words, officials (superiors) use their authority to commit fraud in the goods and services procurement. The purpose of this study is to determine and evaluate the role of the code of ethics on the influence of superior authorities on fraudulent acts in goods and services procurement of government agencies in Indonesia. This study used the laboratory experiments method with the accounting students of Pattimura University, Ambon as the participants and a two-way ANOVA with a 2x3 factorial experimental design as a data analysis technique. The results of this study show that superior authority plays an important role in influencing the occurrence of fraudulent acts in the goods and services procurement, and a code of ethics can reduce it. There is a difference in the tendency to commit fraud in the goods and services procurement when there is a superior authority and no superior authority. The tendency to commit fraud will be smaller for individuals who are asked to read the code of ethics and signatures it compared to only reading the code of ethics and without a code of ethics.


2018 ◽  
Vol 34 (4) ◽  
pp. 229-237 ◽  
Author(s):  
Francesca Chiesi ◽  
Andrea Bonacchi ◽  
Caterina Primi ◽  
Alessandro Toccafondi ◽  
Guido Miccinesi

Abstract. The present study aimed at evaluating if the three-item sense of coherence (SOC) scale developed by Lundberg and Nystrom Peck (1995) can be effectively used for research purpose in both nonclinical and clinical samples. To provide evidence that it represents adequately the measured construct we tested its validity in a nonclinical (N = 658) and clinical sample (N = 764 patients with cancer). Results obtained in the nonclinical sample attested a positive relation of SOC – as measured by the three-item SOC scale – with Antonovsky’s 13-item and 29-item SOC scales (convergent validity), and with dispositional optimism, sense of mastery, anxiety, and depression symptoms (concurrent validity). Results obtained in the clinical sample confirmed the criterion validity of the scale attesting the positive role of SOC – as measured by the three-item SOC scale – on the person’s capacity to respond to illness and treatment. The current study provides evidence that the three-item SOC scale is a valid, low-loading, and time-saving instrument for research purposes on large sample.


2019 ◽  
pp. 14-19
Author(s):  
V. V. Okrepilov ◽  
A. G. Gridasov

The presented study examines the experience of forming a regulatory framework for the integration of the Eurasian Economic Union (EAEU) member states through the example of standardization as one of the key tools of quality economics.Aim. The study analyzes the major solutions of the EAEU authorities and member countries aimed at increasing the role of standardization in the economic integration of the Union over five years of its existence.Tasks. The authors identify efficient methods for developing standardization for the integration of the EAEU states as well as the most problematic aspects in this field that need to be taken into account in the qualitative strengthening of the Union’s economy.Methods. This study uses general scientific methods of cognition to examine the activities of the EAEU authorities and member states aimed at creating a system for the economic integration of the Union during a period of its transition from separate national markets towards a single (common) market.Results. Over five years of operation in the field of stadardization, the Eurasian Economic Union has created the necessary organizational and legal framework to ensure the successful development of integration processes. The national legislation on standardization has been modernized with allowance for the harmonization of these laws. In the next five-six years, the development of international standards for 40 technical regulations is expected to be completed, which would create a regulatory framework for unhindered interaction between all participants of the single (common) EAEU market. Conclusions. The analysis of activities in the field of standardization reveals a sufficiently thought-out and coordinated policy of the EAEU states in creating the necessary conditions for overcoming legal and administrative barriers in the movement of goods and services within the common economic space of the EAEU.


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