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Full-Text Articles in Business
Implementing The United Nations’ Sustainable Development Goals In International Business, Ivan Montiel, Alvaro Cuervo-Cazurra, Junghoon Park, Raquel Antolín-López, Bryan W. Husted
Implementing The United Nations’ Sustainable Development Goals In International Business, Ivan Montiel, Alvaro Cuervo-Cazurra, Junghoon Park, Raquel Antolín-López, Bryan W. Husted
Publications and Research
Building on the concept of externalities, we propose an explanation of how multinationals can contribute to the enactment of the United Nations’ Sustainable Development Goals as part of their ordinary investments. First, we suggest grouping the 17 Sustainable Development Goals into six categories based on whether they increase positive externalities – knowledge, wealth, or health – or reduce negative externalities – the overuse of natural resources, harm to social cohesion, or overconsumption. Second, we propose placing these categories within an extended value chain to facilitate their implementation. Third, we argue that multinationals’ internal investments in host-country subsidiaries to improve their …
Value Distribution And Markets For Social Justice In Global Value Chains: Interdependence Relationships And Government Policy, Lilac Nachum
Value Distribution And Markets For Social Justice In Global Value Chains: Interdependence Relationships And Government Policy, Lilac Nachum
Publications and Research
Global value chains are highly prone to distortions in value distribution among participants. Their global fragmentation and relational governance undermine the effectiveness of regulatory intervention in amending these distortions. In this paper, I propose a new mechanism to administer value distribution that is in tune with the nature of these production systems. Building on interdependence theory, I suggest that interdependencies inherent in the co-specialized nature of supply chains give participants the power to alter the trade-offs between investment in social causes and economic gains and to incentivize socially desired behavior. I show how the interdependence logic manifests at varying levels …