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Multinational Firms and the Pursuit of Social Benefits

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  • Antonello Zanfei

    ()
    (Dipartimento di Economia e Metodi Quantitativi, Università di Urbino (Italy))

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.

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File URL: http://www.econ.uniurb.it/RePEc/urb/wpaper/WP_10_03.pdf
File Function: First version, 2010
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Bibliographic Info

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.

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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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Keywords: Multinational firms; Social Responsibility; Spillovers.;

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  1. Haskel, Jonathan & Pereira, Sonia & Slaughter, Matthew, 2002. "Does Inward Foreign Direct Investment Boost the Productivity of Domestic Firms?," CEPR Discussion Papers 3384, C.E.P.R. Discussion Papers.
  2. David Roodman & Jonathan Morduch, 2009. "The Impact of Microcredit on the Poor in Bangladesh: Revisiting the Evidence," Working Papers 174, Center for Global Development.
  3. Hollander, Heinz, 1990. "A Social Exchange Approach to Voluntary Cooperation," American Economic Review, American Economic Association, vol. 80(5), pages 1157-67, December.
  4. Khandker, Shahidur R., 2003. "Microfinance and poverty - evidence using panel data from Bangladesh," Policy Research Working Paper Series 2945, The World Bank.
  5. Nigel Driffield & James H Love, 2007. "Linking FDI motivation and host economy productivity effects: conceptual and empirical analysis," Journal of International Business Studies, Palgrave Macmillan, vol. 38(3), pages 460-473, May.
  6. Mark M. Pitt & Shahidur R. Khandker, 1998. "The Impact of Group-Based Credit Programs on Poor Households in Bangladesh: Does the Gender of Participants Matter?," Journal of Political Economy, University of Chicago Press, vol. 106(5), pages 958-996, October.
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