Digital transformation, sustainability, and purpose in the multinational enterprise

Gerard George and Simon J.D. Schillebeeckx

Journal of World Business, 2022, vol. 57, issue 3

Abstract: We discuss how environmental and pandemic crises in combination with digitization are presenting the multinational enterprise (MNE) with increasing geopolitical, organizational, and market tensions. Institutional pluralism is creating a more complex global environment. The organization of productive work is shifting, which challenges how MNEs structure and coordinate their activities. Changing consumer and investor expectations are broadening the understanding of value creation with implications for business models. We contend that the tensions invite MNEs to reconsider how they frame, formalize, and realize corporate purpose. We close with a research agenda that recognizes the need for MNEs to become purpose-driven actors.

Keywords: Digital Sustainability; Corporate Social Responsibility; Multinational Corporations; Pandemic; Climate Change; Purpose (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (15)

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DOI: 10.1016/j.jwb.2022.101326

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