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Journal of Business Ethics

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24.02.2018 | Original Paper

Engaging Stakeholders in Emerging Economies: The Case of Multilatinas

verfasst von: Anabella Davila, Carlos Rodriguez-Lluesma, Marta M. Elvira

Erschienen in: Journal of Business Ethics | Ausgabe 4/2018

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Abstract

Stakeholder engagement is central to organizations’ social impact. Engagement activities rely on mechanisms whose complexity increases for multinational corporations (MNCs). This study explores the boundary conditions of our Western/Northern-based knowledge of stakeholder engagement mechanisms through the examination of such practices in multinational companies founded in Latin America (Multilatinas—MLs). Based on previous studies on the identification of organizational stakeholders in the region, we aim to understand the specific engagement mechanisms MLs use. To this end, we analyze qualitatively 28 corporate sustainability reports by relevant firms. Our findings show that the community includes silent (or non-visible) stakeholders composed of subgroups not listed as organizational stakeholders but mentioned in the report as engaged by the company or a subsidiary. MLs in our sample use four main mechanisms to engage these subgroups: (a) strong, visible commitments to local social organizations; (b) continuous dialogue with members of the community; (c) networks of volunteers to help perform the social activities of the companies; and (d) creation of social infrastructure institutions. We end by detailing the theoretical implications for stakeholder engagement among emerging economies multinational companies (EMNCs) and for MNCs in general.

Vorheriger Artikel Mismanagement of Sustainability: What Business Strategy Makes the Difference? Empirical Evidence from the USA

Nächster Artikel Transformational Business Models, Grand Challenges, and Social Impact

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Titel: Engaging Stakeholders in Emerging Economies: The Case of Multilatinas
verfasst von: Anabella Davila
Carlos Rodriguez-Lluesma
Marta M. Elvira
Publikationsdatum: 24.02.2018
Verlag: Springer Netherlands
Erschienen in: Journal of Business Ethics / Ausgabe 4/2018
Print ISSN: 0167-4544
Elektronische ISSN: 1573-0697
DOI: https://doi.org/10.1007/s10551-018-3820-7

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