Multinational Firms and the Pursuit of Social Benefits

Antonello Zanfei

No 1003, Working Papers from University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini

Abstract: It is argued that a new actor is emerging in international business, namely ?Social Multinationals?, that is a blend of international rent-creation and pursuit of social objectives. However, it would be misleading to state that the emergence of Social Multinationals will be the natural outcome of a market driven process. Too much is left to the understanding and sensitiveness of individual entrepreneurs. Signals of the emergence of this new and promising breed are still very weak. Important institutional innovations will have to be enacted to favour its strengthening and growth.

Keywords: Multinational firms; Social Responsibility; Spillovers. (search for similar items in EconPapers)
JEL-codes: F23 L26 M14 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2010, Revised 2010
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http://www.econ.uniurb.it/RePEc/urb/wpaper/WP_10_03.pdf First version, 2010 (application/pdf)

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Journal Article: Multinational Firms and the Pursuit of Social Benefits (2011)
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