Critical perspectives on “manufactured” risks arising from Eurocentric business practices in Africa

Adams, Kweku; Nayak, Bhabani Shankar; Koukpaki, Serge

doi:10.1108/cpoib-11-2016-0058

Cited by 12 publications

(12 citation statements)

References 83 publications

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“…Advertisers and marketers know that it is worth billions and beyond because of trust, respect, and status. Additionally, such a negative image deters investors and tourists because of manufactured risks and reinforced negative images and perceptions [139,140]. Meanwhile, philanthropy campaigns steal the spotlight from local Africans (private and corporate) who are doing their best while overshadowing that remittances by fellows in the diaspora amount to more than the total amount of aid in any given year [141].…”

Section: Why Is Philanthropy a Major Feature Of Corporate Responsibilmentioning

confidence: 99%

Institutional Voids and the Philanthropization of CSR Practices: Insights from Developing Economies

Ahen

Amankwah‐Amoah

2018

Sustainability

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Corporate social responsibility (CSR) practices and conceptions vary across sectors and nations. However, there is a general tendency among academics and practitioners to present CSR in Africa as activities characterized by philanthropy due to the existence of institutional voids. This review of the current literature demonstrates that weak institutions lead to weaker bargaining powers designed through the historical and geopolitical institutional frameworks of international business and global governance systems. Accordingly, multinational corporations (MNCs) take advantage of such weaknesses to define CSR on their own terms by replacing the ideal responsible and sustainable innovations with ad hoc philanthropy that diverts the attention from the negative consequences of neoliberal 'structures of accumulation'. This is akin to aid that hardly contributes to structural changes, but rather leads to complacency, corruption, dependency, boutique projects, disguised exploitation, and the misuse of corporate political power to achieve corporate bottom lines. The implications of the results are vast, and they are generalizable to all weaker institutional settings. Thus, weaker institutions create the necessary regulatory, political, economic, and governance climate that perpetuates a pattern of abuses and ethical violations that are then masked with philanthropy. It is argued that the fundamental institutional and geopolitical contexts within which MNCs interact with nation states cannot be ignored in any comprehensive analysis that seeks to meaningfully shed light on the comparative differences of CSR practices. The neglect of the web of contextual, historical, and geopolitical issues in which CSR is entrenched and framed diverts attention from the origins of the socio-economic and environmental questions to philanthropy as a final solution, which has hitherto been perpetuated with undesirable outcomes.

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Section: Why Is Philanthropy a Major Feature Of Corporate Responsibilmentioning

confidence: 99%

Institutional Voids and the Philanthropization of CSR Practices: Insights from Developing Economies

Ahen

Amankwah‐Amoah

2018

Sustainability

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“…E.g., the corporate culture has to enable innovation and experimentation in new markets [17] and build a corporate culture of learning and development [13]. According to Adams (2018) psychological factors such as fear of failure and fear of not being able to influence the outcome often prevent a successful start of companies in a developing country [26]. Stewart (1974) describes the difficulties in establishing a local management [27].…”

Section: Organizational Challengesmentioning

confidence: 99%

“…When entering new markets, a company must compete with local competitors in terms of price, image and delivery time [6,11,32,44,45,[52][53][54]. Thus the choice of the right time to enter a new market [26] and the market launch strategy is a challenge ([55] p. 162). At the same time, forecasting demand and thus production volume is difficult [31,36,47,54,56].…”

Section: Organizational Challengesmentioning

confidence: 99%

“…Maintenance and spare parts availability 9 [27,29,50,58,64,73,89,90,114] Constant quality improvement 1 [6] Quality assurance 8 [3,5,6,29,50,58,67,71] Costs Competitive value 1 [91] Low material costs 2 [38,92] Low break-even points 7 [8,10,27,29,38,57,93] Economics of scale and scope 5 [7,27,32,38,54] Employee Qualification Lack of skilled employees 27 [5,26,27,30,31,[33][34][35]37,39,41,47,50,54,56,58,…”

Section: Cluster Category Challenge ∑ Sourcementioning

confidence: 99%

“…(2018) psychological factors such as fear of failure and fear of not being able to influence the outcome 148 often prevent a successful start of companies in a developing country [26]. Stewart (1974) describes 149 the difficulties in establishing a local management [27].…”

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confidence: 99%

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Production Challenges in Least Developed Countries

2020

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Local production sites in least developed countries offer sustainability for both multinational corporations and local society. However, corporations often hesitate because of uncertain environmental influences on production sites in these countries. To minimize planning uncertainties, we aim to identify and categorize the challenges of local production in least developed countries. Therefore, we conduct a research on local production challenges described in current literature. Our results indicate that the influences can be clustered and occur independent of the country. To show practical relevance and actuality of the identified production challenges, we conducted two case studies. Additionally, these studies give examples for organizational, product-specific and technological solutions to overcome the prevailing challenges. In summary, we support the removal of barriers that keep corporates from setting up local production sites in least developed countries.

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Eco‐environmental footprint and value chains of technology multinational enterprises operating in emerging economies

Attah‐Boakye

Adams

et al. 2022

Strategic Change

Self Cite

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Drawing from signaling theory and the multinational global value chain (GVC) literature, this study examines a critical question “does the adoption of eco‐friendly technology improve firm value?”. In addressing this question, we test a panel dataset for 633 technology multinational enterprises (TMNEs) operating in 15 emerging economies and covering 10 years from 2009 to 2019. This paper provides new insight into the increasing CO2 emission concerns, especially from the emerging economies and household consumption perspectives. Our study reveals that the adoption of eco‐friendly technology by TMNE's GVC operations will increase firm value and increase total environmental spending. Consequently, CO2 footprints in emerging countries will be reduced. Our findings are robust, controlling for several firm‐level and country‐level variables in our analysis. The practical, managerial, and policy implications of our study are discussed.

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Critical perspectives on “manufactured” risks arising from Eurocentric business practices in Africa

Cited by 12 publications

References 83 publications

Institutional Voids and the Philanthropization of CSR Practices: Insights from Developing Economies

Institutional Voids and the Philanthropization of CSR Practices: Insights from Developing Economies

Production Challenges in Least Developed Countries

Eco‐environmental footprint and value chains of technology multinational enterprises operating in emerging economies

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