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
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Transnational Corporations and Transnational Governance: The costs of crossing boarders in the global economy. ed. / Sarianna M. Lundan. London: Palgrave Macmillan, 2015. p. 355-387.
Research output: Contributions to collected editions/works › Chapter › peer-review
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RIS
TY - CHAP
T1 - The Changing Role of Business in Global Society
T2 - Implications for Governance, Democracy, and the Theory of the Firm
AU - Trittin, Hannah
AU - Scherer, Andreas Georg
AU - Palazzo, Guido
PY - 2015
Y1 - 2015
N2 - 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).
AB - 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).
KW - Management studies
UR - http://www.scopus.com/inward/record.url?scp=84968764880&partnerID=8YFLogxK
U2 - 10.1057/9781137467690_13
DO - 10.1057/9781137467690_13
M3 - Chapter
SN - 978-1-349-50003-1
SN - 978-1-137-46767-6
SP - 355
EP - 387
BT - Transnational Corporations and Transnational Governance
A2 - Lundan, Sarianna M.
PB - Palgrave Macmillan
CY - London
ER -