Principles and Practices for Corporate Responsibility

2010 ◽  
Vol 20 (4) ◽  
pp. 695-701 ◽  
Author(s):  
Patricia H. Werhane
Keyword(s):  
Business Ethics ◽  
Corporate Responsibility ◽  
Multinational Enterprises ◽  
Transnational Corporations ◽  
Global Market ◽  
Market Place ◽  
Global Business

ABSTRACT:The first issue of Business Ethics Quarterly was launched in 1991. At that time there were few general principles that could serve as guidelines for global business. However, since 1991 a plethora of such principles have been developed to serve as guidelines and evaluative mechanisms for global corporate responsibilities. But operationalizing these principles in practice has been a challenge for most transnational corporations and even for smaller, more local enterprises. This is because, in some cases, the principles ask too much of companies. In other cases, the principles are ambiguous. And in still other cases, the principles, written by and large from a Western, rights-based perspective, cannot be operationalized in some cultural or religious settings. In this paper I will outline a series of dilemmas multinational enterprises face in the global market place, even when they sincerely sign on to one or another set of principles. These problems are not insurmountable, but in the imperfect world of commerce, require that our expectations of corporate responsibilities be satisficing rather than absolutist.

scholarly journals The Research of Multinational Enterprises Transnational Management

2021 ◽  
Vol 235 ◽  
pp. 01007
Author(s):  
Chong Li
Keyword(s):  
Social Factors ◽  
Market Integration ◽  
Multinational Enterprises ◽  
Global Market ◽  
Global Strategy ◽  
International Strategy ◽  
Economic Factors ◽  
Global Business ◽  
Transnational Strategy ◽  
Multinational Strategy

With the development of global business, MNEs are always sinking into various pressures which are related to economic factors, social factors and informational factors. This situation making MNEs’ strategies is supposed to achieve those requirements that including global market integration, national responsiveness, worldwide learning. There are four important strategies which are widely used in MNEs internationalization process that including multinational strategy, global strategy, international strategy, and transnational strategy. This essay will introduce pursuing transnational strategy and some difficulties existing in this process. Furthermore, an example of an entrepreneurial subsidiary will be chosen to explore and conduct further research.

scholarly journals Globalization Impact on Multinational Enterprises

World ◽  
2021 ◽  
Vol 2 (2) ◽  
pp. 216-230
Author(s):  
Justine Kyove ◽  
Katerina Streltsova ◽  
Ufuoma Odibo ◽  
Giuseppe T. Cirella
Keyword(s):  
Developing Country ◽  
Multinational Enterprises ◽  
Developed Countries ◽  
Global Market ◽  
Data Availability ◽  
Negative Effects ◽  
Developed Country ◽  
Excellent Starting Point ◽  
Starting Point ◽  
The Impact

The impact of globalization on multinational enterprises was examined from the years 1980 to 2020. A scoping literature review was conducted for a total of 141 articles. Qualitative, quantitative, and mixed typologies were categorized and conclusions were drawn regarding the influence and performance (i.e., positive or negative effects) of globalization. Developed countries show more saturated markets than developing countries that favor developing country multinational enterprises to rely heavily on foreign sales for revenue growth. Developed country multinationals are likely to use more advanced factors of production to create revenue, whereas developing country multinationals are more likely to use less advanced forms. A number of common trends and issues showed corporate social responsibility, emerging markets, political issues, and economic matters as key to global market production. Recommendations signal a strong need for more research that addresses contributive effects in the different economies, starting with the emerging to the developed. Limitations of data availability and inconsistency posed a challenge for this review, yet the use of operationalization, techniques, and analyses from the business literature enabled this study to be an excellent starting point for additional work in the field.

scholarly journals Stepping into the global: Turkish professionals, employment in transnational corporations, and aspiration to transnational forms of cultural capital

2016 ◽  
Vol 66 (3) ◽  
pp. 412-430 ◽  
Author(s):  
T Deniz Erkmen
Keyword(s):  
Cultural Capital ◽  
Transnational Corporations ◽  
Global Market ◽  
Global Level ◽  
Middle Classes ◽  
Social And Cultural Capital ◽  
Class Distinction

This article explores the narratives of professionals from Turkey working in transnational corporations to contribute to discussions of new middle classes and global stratification focusing on emerging forms of cultural capital in the domain of the transnational business field. Analyzing respondents’ narratives about their careers, it argues that as these professionals try to differentiate themselves within the neoliberal market, transnational corporations structure the access to transnational forms of social and cultural capital, including a cosmopolitan self-narrative, and work as a means of institutionalizing distinction at the global level. As such, this article contributes to discussions on emerging cultural capitals as well as cosmopolitanism as cultural capital and emphasizes the transnationalization of class distinction strategies of the new middle classes in Turkey as it situates these strategies within a stratified neoliberal global market.

The Impact of Regulatory Competition on Measures to Promote Pluralism and Cultural Diversity in the Audiovisual Sector

2007 ◽  
Vol 9 ◽  
pp. 239-259
Author(s):  
Thomas Gibbons
Keyword(s):  
New Media ◽  
Cultural Identity ◽  
Digital Technology ◽  
Cultural Policy ◽  
Global Market ◽  
Regulatory Competition ◽  
Market Place ◽  
Global Media ◽  
Satellite Broadcasting ◽  
The Impact

Communications are being transformed by the combination of digital technology and a global media economy. There is increased convergence between traditional broadcasting, cable distribution, satellite broadcasting, telecommunications and the Internet, which has boosted the sheer volume of programming and information that can be conveyed, and extended its reach at both domestic and international levels. Many will see these developments as an opportunity to promote new media products and to rationalise their operations in a global market place. Others may be concerned that the need to compete successfully in that market place will threaten the survival of local and national cultural identity. In terms of policy and regulation, states may be tempted to emphasise trade and industrial policy, intended to improve transnational competitiveness, at the expense of media and cultural policy, aimed at protecting pluralism and diversity.

scholarly journals Plant Protection and Quarantine: Helping U.S. Agriculture Thrive--Across the Country and Around the World, 2016 Annual Report

2017 ◽  
Author(s):  
Keyword(s):  
United States ◽  
Invasive Plant ◽  
Plant Protection ◽  
The United States ◽  
Agricultural Trade ◽  
Global Market ◽  
Plant Health ◽  
Market Place ◽  
Export Markets ◽  
The World

For Plant Protection and Quarantine (PPQ) and our partners, 2016 was a year of remarkable successes. Not only did we eradicate 10 fruit fly outbreaks, but we also achieved 4 years with zero detections of pink bollworm, moving us one step closer to eradicating this pest from all commercial cotton-growing areas of the continental United States. And when the U.S. corn industry faced the first-ever detection of bacterial leaf streak (Xanthomonas vasicular pv vasculorum), we devised a practical and scientific approach to manage the disease and protect valuable export markets. Our most significant domestic accomplishment this year, however, was achieving one of our agency’s top 10 goals: eliminating the European grapevine moth (EGVM) from the United States. On the world stage, PPQ helped U.S. agriculture thrive in the global market-place. We worked closely with our international trading partners to develop and promote science-based standards, helping to create a safe, fair, and predictable agricultural trade system that minimizes the spread of invasive plant pests and diseases. We reached critical plant health agreements and resolved plant health barriers to trade, which sustained and expanded U.S. export markets valued at more than $4 billion. And, we helped U.S. producers meet foreign market access requirements and certified the health of more than 650,000 exports, securing economic opportunities for U.S. products abroad. These successes underscore how PPQ is working every day to keep U.S. agriculture healthy and profitable.

scholarly journals The research of Born Global Firms’ transnational strategy

2020 ◽  
Vol 214 ◽  
pp. 03023
Author(s):  
Li Chong
Keyword(s):  
Market Integration ◽  
Global Market ◽  
Global Strategy ◽  
International Strategy ◽  
Social Responsiveness ◽  
Born Global ◽  
Global Business ◽  
Transnational Strategy ◽  
Multinational Strategy ◽  
Born Global Firms

With the development of global business, Born Global Firms are always sinking into various pressures which are related to economic factors, social factors and informational factors. This situation making Born Global Firms’ strategies is supposed to achieve those requirements that including global market integration, social responsiveness, worldwide learning. There are four important strategies which are widely used in Born Global Firms internationalization process that including multinational strategy, global strategy, international strategy, and transnational strategy. This essay will introduce pursuing transnational strategy and some difficulties existing in this process. Furthermore, an example of an entrepreneurial subsidiary will be chosen to explore and conduct further research.

scholarly journals Producing to market specifications - the challenge for the future

1999 ◽  
pp. 91-93
Author(s):  
Jon Manhire
Keyword(s):  
Information Technology ◽  
Supply Chain ◽  
New Zealand ◽  
Value Chain ◽  
Agricultural Sector ◽  
Global Market ◽  
Stock Management ◽  
Market Place ◽  
Consumer Markets ◽  
Quality Of Products

High-value consumer markets are demanding a continuously higher quality of products and enhanced food safety. In association with this, the increasingly competitive global market place and developments in information technology have catalysed the establishment of closer relationships and co-operation between participants in high-value supply chains. These closer relationships enhance the flow of information between participants and their ability to introduce strategies to improve efficiencies in supply as well as to decrease risks to consumers and others in the supply chain. These trends have significant implications to New Zealand farmers who will need to adopt systems to more effectively monitor and record their use of inputs and subsequent farm and stock management and make this information available to those further down the value chain. An inability to respond to these trends may result in farmers as well as processors, limited to servicing only relatively lower value markets. Keywords: agricultural sector, information technology, New Zealand, supply chain integration, supply chain management

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