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Building local legitimacy into corporate social responsibility: Gold mining firms in developing nations

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  • Gifford, Blair
  • Kestler, Andrew
  • Anand, Sharmila

Abstract

A transnational model of global strategy suggests that multi-national enterprises generally rely on proven global capabilities to adapt existing business models. Alternatively, this paper argues that the transnational model needs to be amended to allow for a hybrid approach that balances local and global strategies for multi-national gold (MNGs) firms working in developing nations. This is illustrated by Newmont Mining's efforts to develop local legitimacy through contributions to community development around its gold mining operations in Peru. We then compare the Newmont case with corporate social responsibility (CSR) at other MNGs. We have found that there appears to be an industry-wide institutional environment developing which includes local CSR projects in an attempt to balance the effects of capitalism between global markets and developing nations.

Suggested Citation

  • Gifford, Blair & Kestler, Andrew & Anand, Sharmila, 2010. "Building local legitimacy into corporate social responsibility: Gold mining firms in developing nations," Journal of World Business, Elsevier, vol. 45(3), pages 304-311, July.
  • Handle: RePEc:eee:worbus:v:45:y:2010:i:3:p:304-311
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    References listed on IDEAS

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    1. Ted London & Stuart L Hart, 2004. "Reinventing strategies for emerging markets: beyond the transnational model," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 35(5), pages 350-370, September.
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    4. Gifford, Blair & Kestler, Andrew, 2008. "Toward a theory of local legitimacy by MNEs in developing nations: Newmont mining and health sustainable development in Peru," Journal of International Management, Elsevier, vol. 14(4), pages 340-352, December.
    5. World Bank, 2001. "World Development Report 2000/2001," World Bank Publications, The World Bank, number 11856.
    6. Linda Longfellow Blodgett, 1991. "Partner Contributions as Predictors of Equity Share in International Joint Ventures," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 22(1), pages 63-78, March.
    7. Klaus E Meyer, 2004. "Perspectives on multinational enterprises in emerging economies," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 35(4), pages 259-276, July.
    8. Caplan, Arthur J. & Silva, Emilson C.D., 2005. "An efficient mechanism to control correlated externalities: redistributive transfers and the coexistence of regional and global pollution permit markets," Journal of Environmental Economics and Management, Elsevier, vol. 49(1), pages 68-82, January.
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    Cited by:

    1. repec:eee:worbus:v:53:y:2018:i:1:p:63-74 is not listed on IDEAS
    2. Tatoglu, Ekrem & Bayraktar, Erkan & Sahadev, Sunil & Demirbag, Mehmet & Glaister, Keith W., 2014. "Determinants of voluntary environmental management practices by MNE subsidiaries," Journal of World Business, Elsevier, vol. 49(4), pages 536-548.
    3. Michael Dougherty & Tricia Olsen, 2014. "Taking Terrain Literally: Grounding Local Adaptation to Corporate Social Responsibility in the Extractive Industries," Journal of Business Ethics, Springer, vol. 119(3), pages 423-434, February.
    4. Gold, Stefan & Hahn, Rüdiger & Seuring, Stefan, 2013. "Sustainable supply chain management in “Base of the Pyramid” food projects—A path to triple bottom line approaches for multinationals?," International Business Review, Elsevier, vol. 22(5), pages 784-799.
    5. Hitt, Michael A. & Li, Dan & Xu, Kai, 2016. "International strategy: From local to global and beyond," Journal of World Business, Elsevier, vol. 51(1), pages 58-73.
    6. repec:eee:worbus:v:53:y:2018:i:1:p:27-38 is not listed on IDEAS
    7. Gómez-Márquez, Iván & Alejano, Leandro R. & García Bastante, Fernando, 2011. "Mining compatibility with other projects in Spain: Solutions and benefits," Resources Policy, Elsevier, vol. 36(1), pages 22-29, March.
    8. Saleem H. Ali, 2016. "The Ethics of Space and Time in Mining Projects: Matching Technical Tools with Social Performance," Journal of Business Ethics, Springer, vol. 135(4), pages 645-651, June.
    9. repec:kap:asiapa:v:35:y:2018:i:1:d:10.1007_s10490-017-9526-z is not listed on IDEAS
    10. Kotilainen, Juha & Prokhorova, Evgenia & Sairinen, Rauno & Tiainen, Heidi, 2015. "Corporate social responsibility of mining companies in Kyrgyzstan and Tajikistan," Resources Policy, Elsevier, vol. 45(C), pages 202-209.
    11. repec:eee:jrpoli:v:52:y:2017:i:c:p:366-376 is not listed on IDEAS
    12. repec:eee:worbus:v:53:y:2018:i:1:p:52-62 is not listed on IDEAS
    13. repec:eee:worbus:v:52:y:2017:i:5:p:591-614 is not listed on IDEAS
    14. Park, Byung Il & Ghauri, Pervez N., 2015. "Determinants influencing CSR practices in small and medium sized MNE subsidiaries: A stakeholder perspective," Journal of World Business, Elsevier, vol. 50(1), pages 192-204.
    15. Beamond, Maria Teresa & Farndale, Elaine & Härtel, Charmine E.J., 2016. "MNE translation of corporate talent management strategies to subsidiaries in emerging economies," Journal of World Business, Elsevier, vol. 51(4), pages 499-510.

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