business power
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2022 ◽  
pp. 1-17
Author(s):  
Christian Hendriksen

Abstract This article develops a micro-level theoretical perspective of business influence in international negotiations. By drawing on organizational institutional theory, the article proposes that site-specific institutionalized norms can structure the nature and extent of business power. The article illustrates the value of this perspective through an illustrative case study of the International Maritime Organization (IMO) through interviews and participant observation of on-site dynamics during negotiations on environmental shipping regulation. The article shows how, in the case of the IMO, specific institutionalized norms and beliefs structure private actors’ possible influence and their claims to authority. In particular, strongly held beliefs about the nature of political deliberation in the IMO both constrain and enable business interests, sometimes overriding the general structural power of the shipping industry. This research implies that future scholarship of business power and lobbying should be attentive to specific institutionalized ideas structuring business actors’ range of legitimate activities, in particular in international institutions where individual negotiation sites can develop idiosyncratic norms and beliefs about the legitimacy of private actor participation.


2022 ◽  
pp. 1-18
Author(s):  
Milan Babic ◽  
Jouke Huijzer ◽  
Javier Garcia-Bernardo ◽  
Diliara Valeeva

Abstract The global financial crisis of 2008, its following bank bailouts, and associated corporate impunity sparked a renewed interest in the concept of the structural power of business and the question of “who rules?” in capitalist societies. This new wave of scholarship mitigated some of the problems of the original, theory-driven discussions from the 1970s and 1980s. But despite significant advancements in the empirical identification of business power, we lack a unified framework for studying its working mechanisms. So-called hybrid approaches, drawing on instrumental and structural power for their analyses, display high potential for such a unified and easily applicable framework. We build on this hybrid tradition and propose a novel model that integrates instrumental and structural power analysis into a basic framework. With this, we recalibrate the often rigid division between instrumental and structural power forms and emphasize the role of perceptions as key for understanding the dynamics of business power over time. We illustrate this parsimonious framework by an analysis of the plans of the Dutch government to abolish a dividend tax in 2018 that would have benefited a number of large multinationals but collapsed before implementation.


2022 ◽  
pp. 25-44
Author(s):  
Flory A. Dieck-Assad

This chapter analyzes the disruptive unicorn of the 21st century, characterized by six of the most important digital disruptive innovations that will dominate the business ecosystem. A survey was applied to undergraduate students at Tecnologico de Monterrey in Mexico in 2019 to identify the students' perception of the unicorn. The hypothesis to be evaluated is that the undergraduate student has an unclear perception of the existence of the unicorn that could generate risks related to ethics and business power shifts in the world. An educational challenge is the need to develop the transversal competence of critical thinking related to digital disruptive innovations in the students. The educational strategies must evolve as fast as these digital disruptive innovations in order for the world to have citizens of a technological world in favor of humanity with the power of critical thinking and discernment. This is the challenge for the university educator.


2021 ◽  
Vol 22 (4) ◽  
pp. 893-920
Author(s):  
NEIL ROLLINGS

Business is commonly regarded as one of the powerful actors in the world today. However, this position is neither as straightforward as often believed nor particularly new. Nevertheless, business historians have not focused on the topic of business power to date, often leaving it as something lurking in the background of their analyses. There are signs that this may be beginning to change with the growth of studies on the history of capitalism, but this revised presidential address encourages business historians to engage more fully and explicitly with the concept of power and to recognize the different ways in which the concept can be used to enlighten the study of business history.


2021 ◽  
pp. 002218562110520
Author(s):  
Shelley Marshall ◽  
Kate Taylor ◽  
Tim Connor ◽  
Fiona Haines ◽  
Sara Tödt

Some of the worst human rights conditions globally are found in Rajasthan’s sandstone quarries. This paper asks if state-based regulation in the economic-North advanced under the Business and Human Rights agenda: disclosure-based regimes, due diligence compliance regimes and trade-based regimes, could advance efforts to improve respect for human rights in this sector. It adopts fields of struggle lens and global value chain theoretical approaches to business power and governance to understand the challenging political and economic dynamics that entrench harm within sandstone quarrying in Rajasthan. This analysis suggests that company-based disclosure and due diligence regimes will struggle to ameliorate these dynamics whilst trade-based approaches hold some potential to generate meaningful change.


2021 ◽  
Vol 18 (68) ◽  
pp. 16-22
Author(s):  
Andrey Bokov

Andrey Bokov explores the Soviet space and its three stages, its stable characteristics and evolution of relationship between a city and a village. He evaluates the significance of production for Soviet cities and analyzes the evolution of the social structure of the Soviet society. Bokov highlights the changes in the role of Soviet architects and architectural language and the impact of the post-war experience of the West. The author identifies specific characteristics of post-Soviet cities of the RF and the relationship between business, power and society. He underlines the lack of systematic approach in the post-Soviet spatial and social development. He suggests possible ways for further transformation of the structure of the Russian space.


2021 ◽  
Author(s):  
Milan Babic ◽  
Jouke Huijzer ◽  
Diliara Valeeva ◽  
Javier Garcia-Bernardo

The global financial crisis of 2008, its following bank bailouts and associated corporate impunity sparked a renewed interest in the concept of the structural power of business and the question of “who rules?” in capitalist societies. This new wave of scholarship mitigated some of the problems of the original, theory-driven discussions from the 1970s and 80s. But despite significant advancements in the empirical identification of business power, we lack a unified framework for studying its working mechanisms. So-called “hybrid approaches”, integrating instrumental and structural power into their analyses, display high potential for such a unified and easily applicable framework. We build on this hybrid tradition and propose a novel model that integrates instrumental and structural power analysis into a basic framework. With this, we go beyond the often rigid division between instrumental and structural power forms and integrate the role of perceptions as key for understanding the dynamics of business power over time. We illustrate this parsimonious framework by an analysis of the plans of the Dutch government to abolish a dividend tax in 2018 that would have benefited a number of large multinationals but collapsed before implementation.


2021 ◽  
pp. 1-16
Author(s):  
Martin Hearson ◽  
Todd N. Tucker

The growth of inequality over the past half century is closely connected to the rise of neoliberal policies and institutions, the latter of which shield capital from state actions that might limit wealth accumulation. Economic nationalism since the global financial crisis has slowed or even reversed this, yet this same era has seen the emergence of a new form of instrument in the neoliberal mold, in a stronghold of state sovereignty: taxation. Under mandatory binding tax arbitration, states cede sovereignty over the interpretation of international tax agreements to panels of transnational tax adjudicators. Focusing on the pivotal role of the United States, we use historical documents, including from the congressional archive and interviews with key actors to ask why tax arbitration emerged late in the neoliberal era, and at a counterintuitive time. We demonstrate that this outcome is the result of instrumental business power driving a process of incremental change through layering, to overcome states’ preference to retain sovereignty. This experience sheds light on the historically structured ways that business power constrains sovereignty in an era of high inequality.


2021 ◽  
pp. 239965442199483
Author(s):  
Pritish Behuria

The environmental damage that plastic waste is causing has catalyzed government action against plastic bags around the world. Despite anti-plastic bag policies gaining traction globally, there has been limited investigation of why the implementation of bans has varied. The variation in implementing bans is particularly stark in East Africa, a region that has been at the forefront of plastic bag legislation. Rwanda’s implementation of a ban on plastic bags in 2008 has attracted widespread praise for its environmental leadership. Kenya adopted a plastic bag ban before Rwanda but implementation was consistently delayed until a stringent ban was finally imposed in 2018. In Uganda, despite bans being announced on four separate occasions, implementation continues to be delayed. This paper explains why some governments adopt and effectively enforce plastic bag bans while others reverse course or delay implementation. Existing literature has cited the comparative strength of plastic industries as the salient factor in explaining varied adoption of plastic bag bans. This paper argues that though the comparative business power of plastic industries explains whether bans are obstructed, it does not satisfactorily explain varied implementation. Instead, countries that pursue services-based development strategies, which prioritise externally dependent sectors like tourism, are more likely to implement plastic bag bans, which can help bolster their green credentials. For the Rwandan and Kenyan governments, presenting their countries as environmental leaders contributed to their goals of becoming a regional economic hub, reliant on services like tourism. The Kenyan government’s decision to eventually implement the ban was driven by a perceived need to compete with Rwanda for regional environmental leadership while supporting Kenya’s services-based economic development strategy. In contrast, Uganda’s comparatively larger discovery of oil and limited emphasis on services-based development explained the government’s lack of commitment to implementing a plastic bag ban.


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