Responsible Leadership for Multinational Enterprises in Bottom of Pyramid Countries: The Knowledge of Local Managers [Book Review]
Graduate studies at Western
Journal of Business Ethics 101 (4):553-561 (2011)
|Abstract||The gulf between multinational enterprises’ focus on high income countries and the reality of 80% of the world living in developing, bottom of pyramid (Hahn, J Bus Ethics 84:313–324, 2009 ) economies could magnify the anti-globalisation movement and political backlashes in the twenty-first century. The global financial crisis of 2008 and 2009 has increased such social tensions throughout the world and creates greater challenges for, responsible leadership. In this conceptual article, the authors analyse the value and identity of local managers, and the liability of foreignness caused by over-reliance on expatriate managers and under-reliance on local managers in bottom of pyramid countries (Hahn, 2009 ). It is argued that multinational enterprises need to assess local managers’ knowledge and contributions as having not only operational and market value, but also institutional value, such as access to local knowledge and local social capital; such a holistic approach will ensure fairer, equal treatment of all managers in the multinational enterprise. Responsible leadership in the twenty-first century requires a greater appreciation of local managers’ institutional value and the overcoming of any psychological distance towards local managers of bottom of pyramid countries|
|Keywords||responsible leadership anti-globalisation liability of foreignness institutions psychic distance bottom of pyramid knowledge|
|Categories||categorize this paper)|
|Through your library||Configure|
Similar books and articles
Carla C. J. M. Millar & Chong Ju Choi (2010). MNCs, Worker Identity and the Human Rights Gap for Local Managers. Journal of Business Ethics 97 (S1):55-60.
Lisa Calvano (2008). Multinational Corporations and Local Communities: A Critical Analysis of Conflict. [REVIEW] Journal of Business Ethics 82 (4):793 - 805.
Denis G. Arnold & Norman E. Bowie (2003). Sweatshops and Respect for Persons. Business Ethics Quarterly 13 (2):221-242.
Rüdiger Hahn (2009). The Ethical Rational of Business for the Poor – Integrating the Concepts Bottom of the Pyramid, Sustainable Development, and Corporate Citizenship. Journal of Business Ethics 84 (3):313 - 324.
Merja Lähdesmäki & Timo Suutari (2012). Keeping at Arm's Length or Searching for Social Proximity? Corporate Social Responsibility as a Reciprocal Process Between Small Businesses and the Local Community. Journal of Business Ethics 108 (4):481 - 493.
Betty Dee Makani-Lim & Felix Chan Lim (2009). Global Players in the Local Field. International Corporate Responsibility Series 4:59-81.
J. Félix Lozano & Alejandra Boni (2002). The Impact of the Multinational in the Development: An Ethical Challenge. [REVIEW] Journal of Business Ethics 39 (1-2):169 - 178.
Kyoko Fukukawa & Yoshiya Teramoto (2009). Understanding Japanese CSR: The Reflections of Managers in the Field of Global Operations. [REVIEW] Journal of Business Ethics 85 (1):133 - 146.
Chong Ju Choi, Sae Won Kim & Jai Beom Kim (2010). Globalizing Business Ethics Research and the Ethical Need to Include the Bottom-of-the-Pyramid Countries: Redefining the Global Triad as Business Systems and Institutions. [REVIEW] Journal of Business Ethics 94 (2):299 - 307.
Vana Prewitt (2004). Integral Leadership for the 21 St Century. World Futures 60 (4):327 – 333.
Josep M. Lozano, Laura Albareda & M. Rosario Balaguer (2006). Socially Responsible Investment in the Spanish Financial Market. Journal of Business Ethics 69 (3):305 - 316.
Norman E. Bowie (2007). Respect for Workers in Global Supply Chains. Business Ethics Quarterly 17 (1):135-145.
Dima Jamali (2008). MNCs, CSR and Developing Countries. Proceedings of the International Association for Business and Society 19:172-183.
Gael M. McDonald & Pak Cho Kan (1997). Ethical Perceptions of Expatriate and Local Managers in Hong Kong. Journal of Business Ethics 16 (15):1605-1623.
Added to index2011-07-25
Total downloads7 ( #142,403 of 738,079 )
Recent downloads (6 months)1 ( #61,269 of 738,079 )
How can I increase my downloads?