Global business in local culture : the impact of embedded multinational enterprises /

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Bibliographic Details
Author / Creator:Aerni, P. (Philipp), author.
Imprint:Cham, Switzerland : Springer, [2018]
Description:1 online resource
Language:English
Series:SpringerBriefs in economics
SpringerBriefs in economics.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/11761233
Hidden Bibliographic Details
ISBN:9783030037987
3030037983
9783030037970
3030037975
Digital file characteristics:text file
PDF
Notes:Includes bibliographical references and index.
Online resource; title from digital title page (viewed on March 15, 2019).
Summary:This book examines the impact of multinational enterprises (MNEs) on local economies, and presents selected case studies of MNEs operating in low income countries. By balancing external social and environmental costs against its corresponding benefits, the book demonstrates that MNEs can have a positive net-impact on local development if they build up social capital by embedding themselves in local economies and engaging responsibly with local stakeholders. By doing so MNEs contribute to inclusive growth, a central pillar of the UN Sustainable Development Goals. In this context, the book challenges popular narratives in civil society and academia that frame foreign direct investment (FDI) merely as a threat to human rights and sustainable development. Moreover, it offers practical guidance for globally operating businesses seeking to establish progressive Corporate Social Responsibility (CSR) strategies of their own.
Other form:Printed edition: 9783030037970
Printed edition: 9783030037994
Standard no.:10.1007/978-3-030-03798-7