The Changing Role of Business in Global Society: Implications for Governance, Democracy, and the Theory of the Firm
Research output: Contributions to collected editions/works › Chapter › peer-review
Authors
During the past decades business firms have started to engage in activities that have traditionally been regarded as actual governmental activities (Margolis & Walsh, 2003; Matten & Crane, 2005; Scherer & Palazzo, 2008a). This is especially true for multinational corporations (MNCs). They engage in public health, education, social security, and protection of human rights while often operating in countries with failed state agencies (Matten & Crane, 2005); address social ills such as AIDS, malnutrition, homelessness, and illiteracy (Margolis & Walsh, 2003; Rosen et al., 2003); define ethics codes (Cragg, 2005); protect the natural environment (Hart, 2005; Marcus & Fremeth, 2009); engage in self-regulation to fill global gaps in legal regulation and moral orientation (Scherer & Smid, 2000); and promote societal peace and stability (Fort & Schipani, 2004).
| Original language | English |
|---|---|
| Title of host publication | Transnational Corporations and Transnational Governance : The costs of crossing boarders in the global economy |
| Editors | Sarianna M. Lundan |
| Number of pages | 33 |
| Place of Publication | London |
| Publisher | Palgrave Macmillan |
| Publication date | 2015 |
| Pages | 355-387 |
| ISBN (print) | 978-1-349-50003-1, 978-1-137-46767-6 |
| ISBN (electronic) | 978-1-137-46769-0 |
| DOIs | |
| Publication status | Published - 2015 |
| Externally published | Yes |
- Management studies