Multinational Firms and the Pursuit of Social Benefits
Abstract
It is argued that a new actor is emerging in international business, namely “Social Multinationals”, that is a blend of international rent-creation and pursuit of social objectives. However, it would be misleading to state that the emergence of Social Multinationals will be the natural outcome of a market driven process. Too much is left to the understanding and sensitiveness of individual entrepreneurs. Signals of the emergence of this new and promising breed are still very weak. Important institutional innovations will have to be enacted to favour its strengthening and growth.Download Info
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Paper provided by University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini in its series Working Papers with number 1003.Length: 17 pages
Date of creation: 2010
Date of revision: 2010
Handle: RePEc:urb:wpaper:10_03
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Web page: http://www.econ.uniurb.it/
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Related research
Keywords: Multinational firms; Social Responsibility; Spillovers.;Other versions of this item:
- Antonello Zanfei, 2011. "Multinational Firms and the Pursuit of Social Benefits," Review of Economics and Institutions, Università di Perugia, Dipartimento Economia, Finanza e Statistica, vol. 2(3).
- F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
- L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
- M14 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - Corporate Culture; Social Responsibility
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-03-20 (All new papers)
References
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