Global connectedness and dynamic green capabilities in MNEs

Maksimov, Vladislav; Wang, Stephanie Lu; Yan, Shipeng

doi:10.1057/s41267-019-00275-z

Cited by 56 publications

(76 citation statements)

References 77 publications

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“…Quantitative methods were employed due to the orientation and focus of the past research, as most studies were designed to validate and verify the findings rather than frequently proposing, exploring, and exploiting new concepts. Expert interviews, systematic reviews, and conceptual studies were used in a limited way, and clearly demands better utilization and a more proactive approach toward using these methodologies allowed for a more comprehensive research approach [34,35,39,40,42,44,46,52,57].…”

Section: Methodsmentioning

confidence: 99%

Dynamic Capabilities to Achieve Corporate Sustainability: A Roadmap to Sustained Competitive Advantage

2022

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Dynamic capabilities and sustainability practices have become the center of attention for companies globally, but there is still a debate on how organizations can successfully develop dynamic capabilities and achieve sustainability for competitive advantage. This paper discusses the outcomes of a comprehensive systematic literature review (SLR) following the PRISMA guidelines and employs dynamic capabilities theory to suggest that strategic routines and competencies, integrated value chains, sustainability-oriented transformations, and strategic organizational developments are the drivers to effectively develop dynamic capabilities. Similarly, environmental-oriented sustainability, sustainable strategic management, sustainable dynamic capabilities, stakeholder-centric approach, sustainable supply chain management, operational excellence, sustainable research and development (R&D), and sustainability-oriented global business strategy are found to be the drivers to achieve overall corporate sustainability. Based on the findings, a conceptual model is proposed to obtain sustained competitive advantage by developing sustainable dynamic capabilities and achieving corporate sustainability.

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Section: Methodsmentioning

confidence: 99%

Dynamic Capabilities to Achieve Corporate Sustainability: A Roadmap to Sustained Competitive Advantage

2022

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“…Encourage transnational companies to adopt sustainable practices Christmann and Taylor ( 2001 ), Li and Zhou ( 2017 ), Rugman and Verbeke ( 1998 ), Surroca et al ( 2013 ) 12 Global sustainability certifications Target 12.6. Encourage transnational companies to adopt sustainable practices Husted, Montiel, and Christmann ( 2016 ), Maksimov et al ( 2019 ), Montiel, Husted, and Christmann ( 2019 ), Orcos, Pérez-Aradros, and Blind ( 2018 ) 14 Ocean pollution Target 14.1. Prevent and reduce marine pollution by 2025 Dauvergne ( 2018 ) …”

Section: Discussionmentioning

confidence: 99%

“…First, to the literature on global corporate sustainability, the paper offers a framework for making the SDGs actionable by multinationals. Sustainability is increasingly becoming a crucial topic in international business (Grinstein & Riefler, 2015 ; Kim & Davis, 2016 ; Kolk, 2010 ; Linnenluecke & Griffiths, 2010 ; Maksimov, Wang, & Yan, 2019 ; Pinkse & Kolk, 2012 ; Shapiro, Hobdari, & Oh, 2018 ; Yakovleva & Vazquez-Brust, 2018 ). As part of their sustainability efforts, multinationals are increasingly embracing the SDGs in their corporate strategy (Donoher, 2017 ; Giuliani, Santangelo, & Wettstein, 2016 ; Witte & Dilyard, 2017 ), but these are limited actions that commonly focus on reducing negative effects (van Zanten & van Tulder, 2018 ).…”

Section: Introductionmentioning

confidence: 99%

Implementing the United Nations’ Sustainable Development Goals in international business

et al. 2021

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Building on the concept of externalities, we propose an explanation of how multinationals can contribute to the enactment of the United Nations' Sustainable Development Goals as part of their ordinary investments. First, we suggest grouping the 17 Sustainable Development Goals into six categories based on whether they increase positive externalities -knowledge, wealth, or health -or reduce negative externalities -the overuse of natural resources, harm to social cohesion, or overconsumption. Second, we propose placing these categories within an extended value chain to facilitate their implementation. Third, we argue that multinationals' internal investments in host-country subsidiaries to improve their competitiveness contribute to addressing externalities in host-country communities, while external investments in host communities to solve underdevelopment generate competitiveness externalities on host-country subsidiaries.

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“…However, later studies use sustainability-related issues as their outcome variable, for instance Maksimov et al (2019) studying the determinants of "green dynamic capabilities".…”

Section: The Sdgs Within the Ib Paradigmmentioning

confidence: 99%

“…Some recent articles in IB used sophisticated indicators of corporate social or environmental performance (Graafland and Noorderhaven, 2018;Ioannou and Serafeim, 2012), such as the ASSET4 data, from a rating agency providing information on more than 4000 companies globally in more than 30 different countries from a wide range of sectors and industries. Typically, aggregate indicators for social or environmental performance have been analysed, but disaggregated indicators have also been used (Maksimov et al, 2019), many of which are related to SDGs.…”

Section: The Sdgs Within the Ib Paradigmmentioning

confidence: 99%

How can international business research contribute towards the sustainable development goals?

Rygh¹,

Chiarapini²,

Segovia

2021

cpoib

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Purpose Realising the sustainable development goals (SDGs) will require substantial efforts from both governments, businesses, civil society and academic researchers. This paper aims to discuss the contributions that the international business (IB) discipline can make to promoting the SDGs. Design/methodology/approach The paper is conceptual. Findings The authors argue that IB can contribute to promoting the SDGs, given IB’s expertise on the multinational enterprise (MNE) and knowledge that is relevant to the international dimensions that most SDGs have. However, paradigmatic features of IB such as a focus on firm-level financial performance and on the MNE as an organisation, and dominance of quantitative methods, may presently restrict the discipline’s contributions to the SDGs. Originality/value The authors present a set of recommendations for IB research on the SDGs, many of which imply an extension of the boundaries of the current IB paradigm.

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Global connectedness and dynamic green capabilities in MNEs

Cited by 56 publications

References 77 publications

Dynamic Capabilities to Achieve Corporate Sustainability: A Roadmap to Sustained Competitive Advantage

Dynamic Capabilities to Achieve Corporate Sustainability: A Roadmap to Sustained Competitive Advantage

Implementing the United Nations’ Sustainable Development Goals in international business

How can international business research contribute towards the sustainable development goals?

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