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Multinational Firms and the Pursuit of Social Benefits

Author

Listed:
  • 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.

Suggested Citation

  • Antonello Zanfei, 2010. "Multinational Firms and the Pursuit of Social Benefits," Working Papers 1003, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini, revised 2010.
    • Handle: RePEc:urb:wpaper:10_03
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    File URL: http://www.econ.uniurb.it/RePEc/urb/wpaper/WP_10_03.pdf
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    JEL classification:

    • 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; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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