Please use this identifier to cite or link to this item:
https://doi.org/10.21256/zhaw-29065
Publication type: | Article in scientific journal |
Type of review: | Peer review (publication) |
Title: | The demands of populism on business : introducing corporate political responsibility |
Authors: | Hartwell, Christopher A. Devinney, Timothy M. |
et. al: | No |
DOI: | 10.1016/j.ibusrev.2022.102075 10.21256/zhaw-29065 |
Published in: | International Business Review |
Volume(Issue): | 33 |
Issue: | 2 |
Page(s): | 102075 |
Issue Date: | 21-Nov-2022 |
Publisher / Ed. Institution: | Elsevier |
ISSN: | 0969-5931 1873-6149 |
Language: | English |
Subjects: | Populism; Stakeholder capitalism; Nonmarket strategy; Corporate political responsibility; Political risk |
Subject (DDC): | 320: Politics 658.408: Security management, environmental management |
Abstract: | Populism is an ideologically fluid political vehicle which increases political risk and forces firms to adapt. As populist parties claim to speak exclusively for the people, any activities that could be perceived as going against populist ideals or leaders are problematic from the corporate point of view. These obligations need not require firms to actively support the populist party or to champion causes dear to the populists, as they may simply expect that firms refrain from challenging the status quo. But these expectations can alter firm operations and planning, particularly intangible activities such as corporate social responsibility, making a firm divert resources away from what it may desire to compete in the economic marketplace and forcing it instead to compete in the social and political marketplace. In this paper, we explore these obligations imposed on firms and term them corporate political responsibility (CPR), a specific type of corporate political activity imposed from the outside. Through our examination, we find that CPR is the dark side of stakeholder capitalism, with the use of state power claiming rights within the marketplace that are not theirs to claim. |
URI: | https://digitalcollection.zhaw.ch/handle/11475/29065 |
Fulltext version: | Published version |
License (according to publishing contract): | CC BY 4.0: Attribution 4.0 International |
Departement: | School of Management and Law |
Organisational Unit: | International Management Institute (IMI) |
Appears in collections: | Publikationen School of Management and Law |
Files in This Item:
File | Description | Size | Format | |
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2022_Hartwell-Devinney_Populism-and-business-creation-of-corporate-political-obligations.pdf | 2.06 MB | Adobe PDF | View/Open |
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Hartwell, C. A., & Devinney, T. M. (2022). The demands of populism on business : introducing corporate political responsibility. International Business Review, 33(2), 102075. https://doi.org/10.1016/j.ibusrev.2022.102075
Hartwell, C.A. and Devinney, T.M. (2022) ‘The demands of populism on business : introducing corporate political responsibility’, International Business Review, 33(2), p. 102075. Available at: https://doi.org/10.1016/j.ibusrev.2022.102075.
C. A. Hartwell and T. M. Devinney, “The demands of populism on business : introducing corporate political responsibility,” International Business Review, vol. 33, no. 2, p. 102075, Nov. 2022, doi: 10.1016/j.ibusrev.2022.102075.
HARTWELL, Christopher A. und Timothy M. DEVINNEY, 2022. The demands of populism on business : introducing corporate political responsibility. International Business Review. 21 November 2022. Bd. 33, Nr. 2, S. 102075. DOI 10.1016/j.ibusrev.2022.102075
Hartwell, Christopher A., and Timothy M. Devinney. 2022. “The Demands of Populism on Business : Introducing Corporate Political Responsibility.” International Business Review 33 (2): 102075. https://doi.org/10.1016/j.ibusrev.2022.102075.
Hartwell, Christopher A., and Timothy M. Devinney. “The Demands of Populism on Business : Introducing Corporate Political Responsibility.” International Business Review, vol. 33, no. 2, Nov. 2022, p. 102075, https://doi.org/10.1016/j.ibusrev.2022.102075.
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