Integrating Social and Political Strategies as Forms of Reciprocal Exchange into the Analysis of Corporate Governance Modes

Boddewyn, Jean J.; Buckley, Peter J.

doi:10.1111/1467-8551.12243

Cited by 27 publications

(32 citation statements)

References 61 publications

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“…Crampton and Patten, 2008); hence philanthropy may not be a substitute for CPA or complementary with CPA under those circumstances. Boddewyn and Buckley (2017) in this special issue and other studies (Gao and Hafsi, 2017;Wang and Qian, 2011) suggest that philanthropy may still lend itself as a substitute for CPA or complementary with CPA, but some societal issues such as conflict mitigation and resolution may just be fundamentally unsuited to becoming part of a company's CPA agenda.…”

Section: Cpa−csr Incompatibilitymentioning

confidence: 91%

“…The first paper in our special issue by Boddewyn and Buckley () provides a new take on transaction cost economics in conjunction with relational‐model theory, which helps to provide an explanation of how goods can be obtained from others without using transactions – namely through non‐contractual reciprocity. The authors demonstrate how the concept of reciprocity can provide a fruitful way for integrating social and political strategies given that CSR strategies such as philanthropy and CPA strategies such as lobbying share the feature of donating valuable resources to non‐market recipients.…”

Section: Contributions In This Special Issuementioning

confidence: 99%

“…The authors demonstrate how the concept of reciprocity can provide a fruitful way for integrating social and political strategies given that CSR strategies such as philanthropy and CPA strategies such as lobbying share the feature of donating valuable resources to non‐market recipients. The contribution by Boddewyn and Buckley () is particularly valuable as it allows for future researchers to investigate the interactions between social and political aspects of non‐market strategy with a novel approach at the micro‐level.…”

Section: Contributions In This Special Issuementioning

confidence: 99%

“…In different ways, these four papers fulfil the aims of this special issue and help to provide novel insights for non‐market research. The Boddewyn and Buckley () paper demonstrates how a theory from economics (i.e. transaction cost economics), which has already been used in non‐market research for a long time, can provide very novel insights, while the paper by Shirodkar, Konara and McGuire () demonstrates how a theoretical lens with origins in biology (i.e.…”

Section: Contributions In This Special Issuementioning

confidence: 99%

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Non‐market Social and Political Strategies – New Integrative Approaches and Interdisciplinary Borrowings

Frynas

Child

Tarba

2017

British J of Management

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This paper introduces a special issue of the British Journal of Management on social and political strategies in the non‐market environment. On the one hand, it reviews the extant research on the possible forms of interaction between Corporate Social Responsibility (CSR) strategies and Corporate Political Activity (CPA): CSR‐CPA complementarity, CSR‐CPA substitution and mutual exclusion between CPA and CSR. On the other hand, the paper provides an overview of the recent contributions of non‐business disciplines – psychology, sociology, economics, politics and history – to nonmarket scholarship and, above all, the potential future scholarly contributions of these disciplines.

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Section: Cpa−csr Incompatibilitymentioning

confidence: 91%

Section: Contributions In This Special Issuementioning

confidence: 99%

Section: Contributions In This Special Issuementioning

confidence: 99%

Section: Contributions In This Special Issuementioning

confidence: 99%

See 2 more Smart Citations

Non‐market Social and Political Strategies – New Integrative Approaches and Interdisciplinary Borrowings

Frynas

Child

Tarba

2017

British J of Management

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“…Besides relying on the traditional contractual exchange modes of "buy, make and ally", the provision of collective goods often involves relationships with "nonmarket" actors such as government agents and NGOs so that it is pertinent to consider Parkhe's (1993) analysis of the nature of the alliances between market and nonmarket partners as compared with those exclusively between private organizations. In addition, Boddewyn and Buckley (2017) established, on the basis of Fiske's (1992) relational-models theory, that non-contractual relationships are also available for obtaining various goods from nonmarket actors. Both of these theoretical developments are relevant for the study of the provisioning of collective goods in emerging markets.…”

mentioning

confidence: 99%

The provisioning of collective goods by MNEs in emerging markets

Boddewyn

2017

PRR

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Purpose This paper aims to determine the essential “collective goods” which a foreign multinational enterprise (MNE) must have before production can start in a remote area of an emerging economy, and to consider the alternative governance modes available to procure or create these goods. Design/methodology/approach This purpose is examined conceptually and theoretically. First, the concept of “collective goods” is presented, followed by a consideration of the traditional “buy, ally or make” contractual approaches available to obtain goods and services. These approaches are repositioned in the context of an “emerging economy” so that alternative “ordering systems” as well as “non-contractual” means of obtaining things have to be considered in the context of internalization and reciprocity theories. Findings It is difficult to obtain collective goods in remote areas of emerging economies where private ordering prevails and even succeeds but at high transaction costs and with substantial government intervention. However, the use of non-contractual modes of exchange such as reciprocity is available to facilitate exchanges between market MNEs and nonmarket state offices and civil-society associations such as non-governmental organizations with which collaboration is necessary but which cannot be acquired or controlled by MNEs. However, market firms can use philanthropy and lobbying to obtain the help of these nonmarket actors who know how to operate under private and state-ordering systems. Research limitations/implications Theoretical implications: Internalization theory explains why MNEs are able to obtain collective goods by providing them “in-house”, while reciprocity theory exemplifies how non-contractual modes of exchange can substitute for the traditional but contractual “buy, ally and/or make”. Practical implications Managerial implications: In terms of the organizational structure of the subsidiary of an MNE operating in an emerging economy, it appears that the line functions of procurement, engineering and production may rely more on contractual exchanges with foreign suppliers, while the staff functions of public affairs, government relations and human resources may be more adept at using reciprocal exchange with local suppliers. Originality/value The provisioning of the collective goods when a firm builds its facilities in a remote and underdeveloped part of an emerging economy has hardly received any research attention nor have the non-contractual ways – such as reciprocity – available in the context of private ordering to obtain these goods.

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