Discussion: View Thread

Corporate Responsibilities and Emerging Markets

3 issues:

1.            The current crisis has undermined confidence in the Western-dominated paradigm of economic governance. This has created a vacuum of authority within which Emerging Markets have claimed a greater say in defining global economic governance - witness the shift from G8 to the G20 Group.

2.            Even before the crisis, ongoing globalisation was altering the traditional balance of power between "developed" and "emerging" nations. Access to capital, knowledge and talent has leveled the global playing fields on which multinational firms compete for resources and market share. As a result, businesses from these Emerging Markets are vigorously challenging the hegemony of their older rivals.

3.            The growing influence of Emerging Markets and their leading companies has not come without a cost. Increased economic and geopolitical weight has been accompanied by a greater burden of responsibility to address complex social, environmental and governance issues.

2 questions: 

·         How is CR understood and applied in emerging market contexts and cultures – by old and new multinationals?

·         And, is it viable as a framework for tackling the critical challenges ahead?

1 conference: 

EABIS Annual Colloquium "Corporate Responsibility and Emerging Markets" - 20-21 September 2010- St. Petersburg State University Graduate School of Management

www.gsom.pu.ru/en/eabis2010

Call for Contributions

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Claudia KIPKA on behalf of EABIS

European Academy of Business in Society

Rue Defacqz 78

B-1060 Brussels

Tel: +32 (0) 2 539 37 02

Fax: +32 (0) 2 544 14 29

Web: ">http://www.eabis.org/">http://www.eabis.org