Global Business in Local Culture

Beschreibung

This book examines the impact of multinational enterprises (MNEs) on local economies, and presents selected case studies of MNEs operating in low income countries. By balancing external social and environmental costs against its corresponding benefits, the book demonstrates that MNEs can have a positive net-impact on local development if they build up social capital by embedding themselves in local economies and engaging responsibly with local stakeholders. By doing so MNEs contribute to inclusive growth, a central pillar of the UN Sustainable Development Goals. In this context, the book challenges popular narratives in civil society and academia that frame foreign direct investment (FDI) merely as a threat to human rights and sustainable development. Moreover, it offers practical guidance for globally operating businesses seeking to establish progressive Corporate Social Responsibility (CSR) strategies of their own.

Examines the impact of MNEs on local economic development Offers concrete guidance on establishing sustainable Corporate Social Responsibility (CSR) strategies Presents real-world case studies on the local impact of MNEs

Autor*in

Philipp Aerni

Themen in »Global Business in Local Culture«

Karl Polanyi Multinational enterprises Foreign direct investments Public-private partnerships Globalization Global knowledge economy UN Sustainable Development Goals Corporate Social Responsibility Anti-globalization rhetoric Embeddedness Sustainability Human Rights GMOs

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