POVERTY: Business Strategy and Poverty Alleviation

Alan E Singer
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Alan E Singer: University of Canterbury, New Zealand

Chapter 14 in Integrating Ethics with Strategy:Selected Papers of Alan E Singer, 2007, pp 251-264 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractCorporations justify their strategic priorities with reference to wealth creation and innovation. They do not normally view the alleviation of global poverty as an explicit strategic goal. In this chapter, which is an adaptation of “Business strategy and poverty alleviation,” Journal of Business Ethics 66, pp. 225–231, 2006. It is argued that if MNCs are going to contribute to the reduction of global poverty, their deliberate strategies will need to systematically take into account the known limitations of market based systems, many of which compound the effects of poverty. To achieve this, existing strategies can be augmented in ways that involve partnership with NGOs, governments and trans-governmental networks.

Keywords: Business Ethics; Strategy; Management Science; Corporate Social Responsibility; Poverty; Health; Decision Making; Corporate Governance; Global Business (search for similar items in EconPapers)
Date: 2007
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