This paper provides a multi-level theoretical model to understand why business organizations are increasingly engaging in corporate social responsibility (CSR) initiatives, and thereby exhibiting the potential to exert positive social change. Our model integrates theories of micro-level...

La Porta, Lopez-de-Silanes, Shleifer and Vishny's (LLSV) purported demonstration in Law and Finance (1998) of a correlation between the legal origins of a country and its stock market development and ownership dispersion, mediated through the protection of minority shareholders as against...

International business research has long acknowledged the importance of regional factors for foreign direct investment (FDIʺ) by multinational corporations (MNCsʺ). However, significant differences when defining these regions obscure the analysis about how and why regions matter. In response,...