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When firms behave "responsibly", are the roots national or global

Bibliographic Data

ID4388158
AuthorsSimon Reich (0000-0003-3156-0134, University of Pittsburgh, corresponding author)
Year2005
Volume57
Issue185
Pages509-528
Publication date2005-09-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueInternational Social Science Journal (JOURNAL)
Journal identifiersISSN: 0020-8701 • E-ISSN: 1468-2451
PublisherWiley (PUBLISHER • GB)
DOI10.1111/j.1468-2451.2005.00567.x
OpenAlexW2116770840
LanguageEN
Citations received2
References cited8

The article proposes to assess the extent to which corporate codes of conduct are converging or, conversely, remain distinctly national in character. This approach makes it possible to assess whether purportedly global firms are influenced by global norms or domestic factors. The empirical basis for the analysis includes field research interviewing senior corporate and government officials as well as a wealth of aggregate statistical data. Three areas of corporate activity were systematically examined: governance and finance; research and development; and trade and direct investment. The research revealed three discernable clusters of behaviour across the operational areas, epitomised by the cases of the three largest national economies - Germany, Japan, and the USA. It follows that, if the world's largest corporations (purportedly the progenitors of globalization) are not converging in terms of behaviour in the activities that they adjudge to be most strategically important to them, then the proponents (and indeed prophets) of globalization are obviously clearly overstating their case. National champions may have been disappearing like the dinosaurs, but national patterns of behaviour are not

Corporate governance · Economic system · Economics · Empirical research · Foreign direct investment · Globalization · Government (linguistics) · Interview · Investment (military) · Macroeconomics · Market economy · Political science · Politics · Elite Sociology and Global Capitalism · Finance · International Business and FDI · International Relations and Foreign Policy · Law

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Unique citing works2
Citations per year0,13
Citation span2011 - 2022 (12)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 2

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