scholarly journals How Does the Contingent Sustainability–Risk–Cost Relationship Affect the Viability of CSR? An Emerging Economy Perspective

2019 ◽  
Vol 11 (19) ◽  
pp. 5435 ◽  
Author(s):  
Göçer ◽  
Jin ◽  
Fawcett
Keyword(s):  
Multinational Corporations ◽  
Emerging Economies ◽  
Global Economy ◽  
Fuzzy Ahp ◽  
Emerging Economy ◽  
Firm Risk ◽  
Structured Interviews ◽  
Limits To Growth ◽  
Multi Method Approach ◽  
Sustainability Initiatives

Sustainability has become a core strategic initiative for firms in the global economy. Its key benefits aside, sustainability may increase a firm’s risks, undermining its prospective value. The intricate relationship among sustainability’s impact on various dimensions of firm risk is poorly understood, particularly for firms operating in emerging economies. The purpose of this study is to address this gap by developing a nuanced framework for the sustainability–risk relationship in various industries in emerging economies. A multi-method approach was used to collect both quantitative and qualitative data through interviews and site visits for supply chain members of four industries. A fuzzy AHP method was used to illustrate cross-industry differences in sustainability-induced firm risks. These differences are further illustrated through inductive, interpretive analysis of semi-structured interviews. Sustainability behaves as a limits-to-growth system and engenders different risk profiles across four industries. For all firms in emerging economy, sustainability initiatives increase various unanticipated risks. Thus, these firms must saliently tailor sustainability initiatives uniquely suitable for their industry to avoid compromising their value proposition. Insights gleaned from this study may assist both buyers from multinational corporations in the developed economy to propagate sustainability initiatives and suppliers in the emerging economy to implement sustainability initiatives more saliently.

Prioritization of drivers, enablers and resistors of agri-logistics in an emerging economy using fuzzy AHP

2018 ◽  
Vol 120 (9) ◽  
pp. 2166-2181
Author(s):  
Meenakshi Jakhar ◽  
Manoj Kumar Srivastava
Keyword(s):  
Distribution System ◽  
Fuzzy Ahp ◽  
Emerging Economy ◽  
Food Distribution ◽  
Extensive Literature ◽  
Unique Contribution ◽  
Structured Interviews ◽  
Analytic Hierarchy ◽  
Content Type ◽  
Fresh Perspective

Purpose The purpose of this paper is to identify and prioritize the drivers, enablers and resistors of agri-logistics improvements in an emerging economy like India. The field of agri-logistics lies at the critical intersection of the agricultural and logistics sectors and is capable of ameliorating the state of food distribution in the country. The inefficiencies inherent in the food distribution system in India lead to massive post-harvest wastage that is estimated at around 13bn dollars per annum. This paper examines the improvement drivers, enablers and resistors of agri-logistics that can significantly contribute toward the enhancement of the agricultural supply chain. Design/methodology/approach The synthesis and prioritization of drivers, enablers and resistors was based on an extensive literature review and consultation with experts. With the help of semi-structured interviews and a fuzzy analytic hierarchy process approach, the research develops a drivers-enablers-resitors framework. Findings The outcome is a hierarchy-based framework that prioritizes the drivers, enablers and resistors of agri-logistics. The research reveals the critical areas where decision makers should channelize their resources and efforts to gain maximum benefits. Originality/value The segmentation of the factors impacting agri-logistics into drivers, enablers and resistors provides a fresh perspective on the issue and helps improve understanding of the problem. Prioritization of the factors represents a unique contribution to the field of agri-logistics.

scholarly journals Doing Business in Emerging Market Economies: Challenges and Success Strategies for Western Multinational Corporations

2021 ◽  
Vol 14 (9) ◽  
pp. 82
Author(s):  
Ashford C. Chea
Keyword(s):  
Emerging Markets ◽  
Multinational Corporations ◽  
Emerging Economies ◽  
Business Strategy ◽  
Global Economy ◽  
Negative Impact ◽  
Emerging Market ◽  
Strategy Development ◽  
Doing Business ◽  
Institutional Challenges

The purpose of this paper was to investigate and analyze the negative impact of emerging economies’ institutional challenges on western multinational corporations (MNCs) operating there. The content analysis methodology was used. The paper reveals that emerging markets’ institutional voids affect western MNCs in terms of cost of doing business, strategy development and overall competitiveness. The conclusions derived from the analysis is that despite emerging economies investment opportunities, rapid economic and demand growth, their competitive landscape can negatively impact western MNCs ability to succeed in these markets. This is due to imprudent policies and inadequate governance structures implemented by emerging market policymakers. The article begins with a brief introductory background of emerging economies. This is followed by objectives of the paper, research method, and the theoretical underpinnings for the motivations of western MNCs to pursue overseas markets in emerging economies. It then provides an analysis of the role and significance of emerging economies in the global economy. This is followed by a critical review of MNCs strategies in emerging markets, and effects of emerging market institutional challenges on MNCs. Then, the implications for MNCs competitiveness in emerging markets are examined. Finally, recommendations for success for both prospective and current MNCs doing business in emerging economies are explored.

Call me loyal: Globalization, corporate nationalism and the America’s Cup

2010 ◽  
Vol 46 (4) ◽  
pp. 399-417 ◽  
Author(s):  
Alistair John ◽  
Steve Jackson
Keyword(s):  
National Identity ◽  
Multinational Corporations ◽  
Sporting Events ◽  
Structured Interviews ◽  
The Family ◽  
America’S Cup ◽  
Multi Method Approach ◽  
Cultural Intermediaries ◽  
The Relationship ◽  
Method Approach

This study examines the relationship between sport, globalization and national identity. Specifically, the article focuses on how Team New Zealand’s 2003 America’s Cup campaign represents and reproduces the concept of corporate nationalism. Located within a critical cultural studies perspective the analysis uses a multi-method approach including textual and contextual analysis and semi-structured interviews with key media cultural intermediaries to examine a unique global-local nexus involving the ‘Family of five’ sponsors whose elective affinity set about to unite the New Zealand nation. The findings reveal that: a) both local and multinational corporations (MNCs) use sport as a vehicle through which to articulate their brands with national identity as part of a process of localization; b) the promotional culture of major sporting events such as the America’s Cup provides a platform for MNCs to (re)present, (re)produce and (re)construct national identity; and c) despite their strategic attempts to appropriate national icons and themes multinational corporations face resistance and national identity remains a contested domain.

Addressing employability challenges of business graduates in Bangladesh: Evidence from an emerging economy perspective

2021 ◽  
Vol 30 (2) ◽  
pp. 83-94
Author(s):  
Mahi Uddin
Keyword(s):  
Higher Education ◽  
Emerging Economy ◽  
Education Sector ◽  
Quality Education ◽  
System Quality ◽  
Structured Interviews ◽  
Quality Teachers ◽  
Business Graduates ◽  
Graduate Employability ◽  
Skill Gaps

This study aimed to explore and address the employability challenges of business graduates in the higher education sector in Bangladesh. Data were collected through semi-structured interviews and analysed applying thematic analysis (N = 35, 77% male, mean age = 34 years). Findings revealed that skill gaps, lack of quality education system, quality teachers, industry-university collaboration, backdated course curriculum, and corruption are important challenges for graduate employability in Bangladesh. The study suggests improving communication skills, updating course curriculum, curbing institutional corruption, limiting student-teacher politics, hiring and promoting quality teachers, and industry-university collaboration as strategies to improve graduate employability. The findings may help employers, managers, graduates, academics, and policymakers in the higher education sector to identify and address graduate employability challenges in an emerging economy such as Bangladesh.

Assessing Industry 4.0 readiness in manufacturing: a self-diagnostic framework and an illustrative case study

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Krishnamurthy Ramanathan ◽  
Premaratne Samaranayake
Keyword(s):  
Diagnostic Tool ◽  
Industry 4.0 ◽  
Emerging Economy ◽  
Illustrative Case ◽  
Assessment Framework ◽  
Structured Interviews ◽  
Readiness Assessment ◽  
Manufacturing Firm ◽  
Content Type

PurposeThe purpose of this paper is to present an Industry 4.0 Readiness Assessment Framework (I4.0RAF) and demonstrate its applicability and practical relevance through a case study of a large manufacturing firm in an emerging economy.Design/methodology/approachThe research firstly involved a synthesis of recent literature for the identification of important determinants, and their constituent criteria, for assessing the readiness of a manufacturing firm to transition to an Industry 4.0 setting and structuring them into a readiness assessment framework that can be used as a self-diagnostic tool. The framework was illustrated through a case study. The empirical findings of readiness assessment are validated using semi-structured interviews of senior management of the organization.FindingsThe proposed I4.0RAF was found to be a practically applicable self-diagnostic tool that can be used to assess a firm's readiness to transition to an Industry 4.0 setting with respect to eight important determinants. Cross-functional participation in the assessment helped the organization to determine priorities and interdependencies among the determinants.Research limitations/implicationsThe determinants and their constituent criteria can be further streamlined using inputs from practitioners, consultants and academics.Practical implicationsThe findings demonstrate the interdependencies between the determinants, help to delineate interventions that can lead to synergistic outcomes and enabls planning to achieve higher levels of Industry 4.0 maturity.Originality/valueA self-diagnostic tool as a basis for an informed discussion on transitioning to an Industry 4.0 setting is presented and illustrated through a case study in an emerging economy.

Mixed embeddedness of Brazilian entrepreneurs in Toronto

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Roberto Pessoa de Queiroz Falcão ◽  
Michel Mott Machado ◽  
Eduardo Picanço Cruz ◽  
Caroline Shenaz Hossein
Keyword(s):  
Service Sector ◽  
The Body ◽  
Structured Interviews ◽  
Immigrant Entrepreneurship ◽  
Content Type ◽  
Brazilian Government ◽  
Body Of Knowledge ◽  
Multi Method Approach ◽  
High Level ◽  
Entrepreneurial Activities

PurposeThe purpose of this article is to investigate how social integration, immigrant networks and barriers to ventureing affect the entrepreneurial activities of Brazilians in Canada, indicating how mixed embeddedness takes place in that context.Design/methodology/approachData were collected in Toronto, through the application of a survey with 74 Brazilian entrepreneur respondents and 42 semi-structured interviews with selected subjects, thus representing a multi-method approach. The analysis included descriptive statistics from the survey data and a qualitative analysis of the trajectories and life stories of Brazilian immigrants.FindingsOur sample comprises respondents with a high level of education and proficiency in English, coming predominantly from the southeast of Brazil, white, aged from 30 to 49. The majority of businesses are small and related to the service sector. The article contributes to the literature by discussing the elements related to mixed embeddedness, including the need for cultural adaptation and for the creation of networks as a crucial element for business venturing.Research limitations/implicationsThe study focuses on entrepreneurs regardless of their businesses sector or formality/informality status. It could be used as an instrument to support Canadian public policies for welcoming Brazilians and for the Brazilian government to prevent the evasion of potential entrepreneurs.Originality/valueThe article contributes to the body of knowledge of immigrant entrepreneurship in Canada and of Brazilian entrepreneurship overseas. The results suggest factors that may be relevant to the expansion of their business, such as social networking, cultural embeddedness and adaptation of the products/services to a wider range of target customers.

Mobile Value Added Services in Fiji

2017 ◽  
Vol 25 (2) ◽  
pp. 1-14
Author(s):  
Milind Sathye ◽  
Biman Prasad ◽  
Dharmendra Sharma ◽  
Parmendra Sharma ◽  
Suneeta Sathye
Keyword(s):  
Mobile Phones ◽  
Emerging Economies ◽  
Value Added ◽  
Policy Framework ◽  
Business Growth ◽  
Structured Interviews ◽  
Policy Initiatives ◽  
The Government ◽  
Institutional Drivers ◽  
Micro Enterprises

While mobile phones are making significant inroads in many developing countries, little is known about the institutional drivers, policy barriers and industry challenges that affect their use for business growth of micro- enterprises. The authors address this gap. After conducting semi-structured interviews of 74 women-owned micro entrepreneurs and ten key informants from the government and industry in Fiji, the authors found that appropriate policy framework, supporting infrastructure and appropriate ecosystem are required for rapid uptake of mobile value added services by women-owned micro entrepreneurs. They contribute by proposing a revised technology adoption framework as well as the four shackles theory of women micro entrepreneurs' empowerment and emancipation. The authors also highlight the policy initiatives necessary to accelerate the growth of women-owned micro enterprises by mobile value added services which could also guide other developing and emerging economies.

scholarly journals Over the horizon: Exploring the conditions of a post-growth world

2018 ◽  
Vol 6 (1-2) ◽  
pp. 117-141 ◽  
Author(s):  
Timothy Crownshaw ◽  
Caitlin Morgan ◽  
Alison Adams ◽  
Martin Sers ◽  
Natália Britto dos Santos ◽  
...  
Keyword(s):  
Climate Change ◽  
Global Economy ◽  
Growth Conditions ◽  
Ecological Impacts ◽  
Paradigm Change ◽  
Limits To Growth ◽  
Economic Discourse ◽  
Natural Systems ◽  
Steady Growth ◽  
Economic Paradigm

Maintaining steady growth remains the central goal of economic policy in most nations. However, as evidenced by the advent of the Anthropocene, the global economy has expanded to a point where limits to growth are appearing. Facing the end of growth requires a careful re-examination of plausible future conditions. We draw on a diverse literature to present an interdisciplinary exploration of post-growth conditions in the areas of climate change, ecological impacts, governance, and education, finding that such conditions may invalidate many prevalent assumptions regarding the future. The post-growth world, while subject to significant uncertainty and heterogeneity, will be characterized by profound hazards and discontinuities for both human and natural systems. Furthermore, we argue that an economic paradigm change will be predicated on an involuntary and unplanned cessation of growth. This implies a necessary strategic expansion of the heterodox economic discourse to formulate appropriate responses in view of likely post-growth realities.

Debt financing puzzle and internationalization

2019 ◽  
Vol 13 (1) ◽  
pp. 33-56 ◽  
Author(s):  
Karren Lee-Hwei Khaw
Keyword(s):  
Multinational Corporations ◽  
Emerging Market ◽  
International Perspective ◽  
Debt Financing ◽  
Primary Concern ◽  
Firm Risk ◽  
Content Type ◽  
Financial Decisions ◽  
Business Operations

PurposeThis study aims to examine the relation between long-term debt and internationalization in the presence of the agency costs of debt and business risk.Design/methodology/approachSample firms consist of 517 non-financial listed firms in Malaysia, with 4,197 firm-year observations from the year 2000 to 2014. This study uses panel data regressions and a series of robustness tests to examine the hypotheses.FindingsThe results show that multinational corporations (MNCs) are more likely to sustain less long-term debt than domestic corporations (DCs) to mitigate the costs related to agency problem and firm risk. Meanwhile, foreign-based MNCs maintain less long-term debt than local-based firms, and the finding is more significant at a higher degree of internationalization. Robustness tests confirm the negative relations.Research limitations/implicationsThe findings indicate that the ongoing debate on the debt financing puzzle can be explained by internationalization. Moreover, the findings suggest that in addition to the systematic differences between MNCs and DCs, studies on the debt financing and internationalization should also account for the systematic differences among MNCs such as the local-based MNCs, foreign-based MNCs and DCs that later expand their business operations abroad.Practical implicationsMNCs have to be responsive to the diverse institutional environments as they diversify their business operations geographically. When the adverse effects of internationalization outweigh the benefits, MNCs could use the long-term debt financing decision to mitigate the costs of doing business abroad. This is because debt financing is also a primary concern in the corporate financial decisions for the maximization of shareholders’ wealth.Originality/valueThis study contributes to the debt financing literature from the international perspective by providing evidence from an emerging market. In addition, this study highlights the importance of recognizing firms by their firm-specific characteristics, such as internationalization, given the systematic differences among firms.

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