2022
DOI: 10.1057/s41267-022-00535-5
|View full text |Cite|
|
Sign up to set email alerts
|

Income inequality, social cohesion, and crime against businesses: Evidence from a global sample of firms

Abstract: Rising inequality is one of the grand societal challenges of our time. Yet, its effects on firms -including multinational enterprises (MNEs) -and their operations have not been widely examined by IB scholars. In this study, we posit that income inequality within a country is positively associated with the incidence and severity of crime experienced by businesses. Further, we propose that this relationship will be negatively moderated by social cohesion (in the form of greater societal trust and lower ethno-lin… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
2
1

Citation Types

0
3
0

Year Published

2023
2023
2024
2024

Publication Types

Select...
7
1

Relationship

0
8

Authors

Journals

citations
Cited by 10 publications
(3 citation statements)
references
References 95 publications
0
3
0
Order By: Relevance
“… 9 Inequality weakens individual agency, creates resentment, erodes social capital and trust, and increases crime rates. 10 , 11 Inequality also contributes to political polarization, social unrest and erosion of community cohesion, as societies become divided over issues such as immigration, trade policies and wealth redistribution. 12 , 13 Evidence suggests a negative feedback wherein inequalities undermine growth through the erosion of productive potential over the life course and across generations.…”
Section: The Economy As a Root Causementioning
confidence: 99%
“… 9 Inequality weakens individual agency, creates resentment, erodes social capital and trust, and increases crime rates. 10 , 11 Inequality also contributes to political polarization, social unrest and erosion of community cohesion, as societies become divided over issues such as immigration, trade policies and wealth redistribution. 12 , 13 Evidence suggests a negative feedback wherein inequalities undermine growth through the erosion of productive potential over the life course and across generations.…”
Section: The Economy As a Root Causementioning
confidence: 99%
“…Gender inequalities are deeply entrenched and intersect with other forms of inequality [3, 4]. Generally, equitable communities enjoy robust social cohesion, low crime rates, high levels of trust, life satisfaction, durable peace, political stability, and economic growth, in contrast to their inequitable counterparts [3, 5, 6, 7]. Conversely, high inequalities can undermine a nation’s capacity to prevent, respond, and adapt to emergencies, including infectious diseases [3, 7].…”
Section: Introductionmentioning
confidence: 99%
“…Gender inequalities are deeply entrenched and intersect with other forms of inequality [ 3 , 4 ]. Generally, equitable communities enjoy robust social cohesion, low crime rates, high levels of trust, life satisfaction, durable peace, political stability, and economic growth, in contrast to their inequitable counterparts [ 3 , 5 7 ]. Conversely, high inequalities can undermine a nation’s capacity to prevent, respond, and adapt to emergencies, including infectious diseases [ 3 , 7 ].…”
Section: Introductionmentioning
confidence: 99%