This article explains problems and opportunities created by standardized ethics initiatives (e.g., the UN Global Compact, the Global Reporting Initiative, and SA 8000) from the perspective of stakeholder theory. First, we outline differences and commonalities among currently existing initiatives...

An increasing number of multinational corporations (MNCs) engage in base-of-the-pyramid (BOP) markets aiming at developing sustainable business models to achieve both economic performance and poverty reduction. In the recent past it has become more and more evident that the success of such...

Pressure on managers to integrate sustainability more systematically in strategic management and thereby rethink strategic management is intensifying. Materiality assessment, a compulsory part of many non-financial reporting frameworks, is promoted as a useful tool to achieve this integration....

In this chapter, we focus on the social responsibility of MNEs, not denying the severity of environmental issues arising with global business conduct. These so-cial issues often arise not for MNEs' own employees or their downstream cus-tomers, but for workers employed with independent suppliers...

Multinational enterprises (MNEs) dominate the governance of global value chains (GVCs), such that according to the concept of political corporate social responsibility (PCSR), they are responsible to address governance gaps throughout the chains, even at the level of their independent suppliers....