Why do Firms Differ? A Resource-Based and Institutional Response of Multinational Corporations under Sustainable Development Pressures
David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Proceedings of the International Association for Business and Society 17:189-194 (2006)
Sustainable development has been framed as a social issue to which corporations must pay attention because it offers both opportunities and challenges.Although scholars in the environmental strategy field have found that the integration of business and sustainable development can result in competitive advantage, international business scholars argue that it does not increase industrial performance. To integrate these research streams, this paper builds upon the institutional theory attempt to understand strategic options of major multinational corporations (MNCs) that are experiencing sustainable development pressures. This paper also examines the resourcebased view of the firm to understand different patterns of distinctive capabilities that may explain differences in corporate strategies among MNCs experiencing similar institutional pressures. We argue that normative and coercive isomorphism does not occur at the global level because sustainable development is largely a stakeholder-driven issue rather than a broad social issue. However, mimetic isomorphism has explanatorypotential, but since it implies the use of complex and intangible resources, mimetic processes are slow and rare
|Keywords||No keywords specified (fix it)|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
No references found.
Citations of this work BETA
No citations found.
Similar books and articles
Harrie Vredenburg (2011). Multinational Oil Companies and the Adoption of Sustainable Development: A Resource-Based and Institutional Theory Interpretation of Adoption Heterogeneity. [REVIEW] Journal of Business Ethics 98 (1):39-65.
Joseph R. Herkert (1998). Sustainable Development, Engineering and Multinational Corporations: Ethical and Public Policy Implications. [REVIEW] Science and Engineering Ethics 4 (3):333-346.
Scott R. Colwell & Ashwin W. Joshi (2009). Multi-Item Scale Development for Measuring Institutional Pressures in the Context of Corporate Environmental Action. Proceedings of the International Association for Business and Society 20:146-152.
M. Haque (2000). Environmental Discourse and Sustainable Development Linkages and Limitations. Ethics and the Environment 5 (1):3-21.
Joanna Becker (2007). How Frameworks Can Help Operationalize Sustainable Development Indicators. World Futures 63 (2):137 – 150.
Mao He & Juan Chen (2009). Sustainable Development and Corporate Environmental Responsibility: Evidence From Chinese Corporations. [REVIEW] Journal of Agricultural and Environmental Ethics 22 (4):323-339.
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.
Justin Tan (2009). Institutional Structure and Firm Social Performance in Transitional Economies: Evidence of Multinational Corporations in China. [REVIEW] Journal of Business Ethics 86 (2):171 - 189.
Reinhard Steurer, Markus E. Langer, Astrid Konrad & André Martinuzzi (2005). Corporations, Stakeholders and Sustainable Development I: A Theoretical Exploration of Business–Society Relations. [REVIEW] Journal of Business Ethics 61 (3):263 - 281.
Liang Wang (2011). MNC Strategic Responses to Ethical Pressure: An Institutional Logic Perspective. [REVIEW] Journal of Business Ethics 98 (3):373 - 390.
Xiaohua Yang & Cheryl Rivers (2009). Antecedents of CSR Practices in MNCs' Subsidiaries: A Stakeholder and Institutional Perspective. [REVIEW] Journal of Business Ethics 86 (2):155 - 169.
Robin Attfield (2007). Sustainable Development Revisited. The Proceedings of the Twenty-First World Congress of Philosophy 3:185-189.
Alain Verbeke & Vincent Tung (2013). The Future of Stakeholder Management Theory: A Temporal Perspective. [REVIEW] Journal of Business Ethics 112 (3):529-543.
A. H. T. Fergus & J. I. A. Rowney (2005). Sustainable Development: Lost Meaning and Opportunity? [REVIEW] Journal of Business Ethics 60 (1):17 - 27.
Added to index2012-09-18
Total downloads2 ( #354,406 of 1,102,802 )
Recent downloads (6 months)2 ( #182,775 of 1,102,802 )
How can I increase my downloads?