Improving sustainability: An international evolutionary framework
As emerging markets develop, foreign firms are being viewed less and less as providers of capital and/or technology, and more as integral parts of society in general, with much greater responsibilities that stem largely from their multinational roles. Recognizing these pressures and the increasing interaction between multinationals and societal institutions, we first briefly review the literature on role, stakeholder, and institutional theories, to develop a framework to improve our understanding of multinational sustainability. We next develop a three-stage model of the stages of societal development in general, and subsequently apply these stages to the development of China from 1978 to the present. We suggest that these changes have resulted in changing expectations of multinationals regarding their appropriate roles within China. We conclude by discussing lessons from our model for researchers, educators and practitioners.
Volume (Year): 15 (2009)
Issue (Month): 3 (September)
|Contact details of provider:|| Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/601266/description#description|
|Order Information:|| Postal: http://www.elsevier.com/wps/find/journaldescription.cws_home/601266/bibliographic|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Louis T Wells, 1998. "Multinationals and the Developing Countries," Journal of International Business Studies, Palgrave Macmillan, vol. 29(1), pages 101-114, March.
- Lizet Quaak & Theo Aalbers & John Goedee, 2007. "Transparency of Corporate Social Responsibility in Dutch Breweries," Journal of Business Ethics, Springer, vol. 76(3), pages 293-308, December.
- Jeffrey Sachs, 2000. "Globalization and patterns of economic development," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 136(4), pages 579-600, December.
- Klaus E Meyer, 2004. "Perspectives on multinational enterprises in emerging economies," Journal of International Business Studies, Palgrave Macmillan, vol. 35(4), pages 259-276, July.
- John H. Dunning & Changsu Kim, 2007. "The Cultural Roots of Guanxi: An Exploratory Study," The World Economy, Wiley Blackwell, vol. 30(2), pages 329-341, 02.
- Chuck C Y Kwok & Solomon Tadesse, 2006. "The MNC as an agent of change for host-country institutions: FDI and corruption," Journal of International Business Studies, Palgrave Macmillan, vol. 37(6), pages 767-785, November.
- Ted London & Stuart L Hart, 2004. "Reinventing strategies for emerging markets: beyond the transnational model," Journal of International Business Studies, Palgrave Macmillan, vol. 35(5), pages 350-370, September.
- Tihanyi, Laszlo & Roath, Anthony S., 2002. "Technology transfer and institutional development in Central and Eastern Europe," Journal of World Business, Elsevier, vol. 37(3), pages 188-198, October.
- William Newburry & Liuba Y Belkin & Paradis Ansari, 2008. "Perceived career opportunities from globalization: globalization capabilities and attitudes towards women in Iran and the US," Journal of International Business Studies, Palgrave Macmillan, vol. 39(5), pages 814-832, July.
- Klaus E Meyer & Mike W Peng, 2005. "Probing theoretically into Central and Eastern Europe: transactions, resources, and institutions," Journal of International Business Studies, Palgrave Macmillan, vol. 36(6), pages 600-621, November.
- Oded Shenkar & Yoram Zeira, 1992. "Role Conflict and Role Ambiguity of Chief Executive Officers in International Joint Ventures," Journal of International Business Studies, Palgrave Macmillan, vol. 23(1), pages 55-75, March.
- John Child, 2005. "The Dynamic Between Firms' Environmental Strategies and Institutional Constraints in Emerging Economies: Evidence from China and Taiwan," Journal of Management Studies, Wiley Blackwell, vol. 42(1), pages 95-125, 01.
When requesting a correction, please mention this item's handle: RePEc:eee:intman:v:15:y:2009:i:3:p:317-327. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei)
If references are entirely missing, you can add them using this form.