04261nam 22007215 450 991030345400332120200630064333.03-030-03798-310.1007/978-3-030-03798-7(CKB)4100000007204805(MiAaPQ)EBC5612026(DE-He213)978-3-030-03798-7(EXLCZ)99410000000720480520181208d2018 u| 0engurcnu||||||||txtrdacontentcrdamediacrrdacarrierGlobal Business in Local Culture The Impact of Embedded Multinational Enterprises /by Philipp Aerni1st ed. 2018.Cham :Springer International Publishing :Imprint: Springer,2018.1 online resource (132 pages)SpringerBriefs in Economics,2191-55043-030-03797-5 Introduction -- Societal foundations of economic development -- Neoliberalism: a mythical and meaningful term devoid of any deep thought -- The impact of popular stereotypes in academic research and public policy -- New Economic Sociology and re-definition of the term ‘embeddedness’ -- Economic globalization as a “disembedding” force? -- Embedded MNEs and their contribution to sustainable change -- Development cooperation as a catalyst for sustainable long- term FDI -- Concluding remarks.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.SpringerBriefs in Economics,2191-5504International economicsSocial responsibility of businessEconomic sociologyGlobalizationMarketsSustainable developmentInternational lawTradeInternational Economicshttps://scigraph.springernature.com/ontologies/product-market-codes/W33000Corporate Social Responsibilityhttps://scigraph.springernature.com/ontologies/product-market-codes/526010Organizational Studies, Economic Sociologyhttps://scigraph.springernature.com/ontologies/product-market-codes/X22020Emerging Markets/Globalizationhttps://scigraph.springernature.com/ontologies/product-market-codes/525010Sustainable Developmenthttps://scigraph.springernature.com/ontologies/product-market-codes/U34000International Economic Law, Trade Lawhttps://scigraph.springernature.com/ontologies/product-market-codes/R19050International economics.Social responsibility of business.Economic sociology.Globalization.Markets.Sustainable development.International law.Trade.International Economics.Corporate Social Responsibility.Organizational Studies, Economic Sociology.Emerging Markets/Globalization.Sustainable Development.International Economic Law, Trade Law.658.049658.049Aerni Philippauthttp://id.loc.gov/vocabulary/relators/aut963250BOOK9910303454003321Global Business in Local Culture2532974UNINA