Publication Type

Journal Article

Version

publishedVersion

Publication Date

4-2022

Abstract

We discuss how environmental and pandemic crises in combination with digitization are presenting the multinational enterprise (MNE) with increasing geopolitical, organizational, and market tensions. Institutional pluralism is creating a more complex global environment. The organization of productive work is shifting, which challenges how MNEs structure and coordinate their activities. Changing consumer and investor expectations are broadening the understanding of value creation with implications for business models. We contend that the tensions invite MNEs to reconsider how they frame, formalize, and realize corporate purpose. We close with a research agenda that recognizes the need for MNEs to become purpose-driven actors.

Keywords

Climate Change, Corporate Social Responsibility, Digital Sustainability, Multinational Corporations, Pandemic, Purpose

Discipline

Business Law, Public Responsibility, and Ethics | Strategic Management Policy | Technology and Innovation

Research Areas

Strategy and Organisation

Publication

Journal of World Business

Volume

57

Issue

3

First Page

1

Last Page

8

ISSN

1090-9516

Identifier

10.1016/j.jwb.2022.101326

Publisher

Elsevier

Copyright Owner and License

Authors

Additional URL

https://doi.org/10.1016/j.jwb.2022.101326

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