626 research outputs found

    An institution of corporate social responsibility (CSR) in multi-national corporations (MNCs):form and implications

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    Die bedeutung institutionalistischer ansĂ€tze fĂŒr das verstĂ€ndnis von organisations- und managementprozessen in multinationalen unternehmen [The relevance of institutionalist approaches for the analysis of organisation and management processes in MNCs]

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    Es ist auffĂ€llig, dass sich die sozialwissenschaftlich orientierte Organisationsforschung nur sehr wenig und theoretisch recht einseitig mit Multinationalen Unternehmen (MNU) als Organisationen beschĂ€ftigt. Organisationstheoretische ErklĂ€rungsmodelle, die das Verhalten in und von Organisationen jenseits technischer und ökonomischer Unternehmensumwelten erklĂ€ren, sind daher eher rar und erst seit kurzem in einschlĂ€gigen Forschungsarbeiten zu finden. Ziel dieses Beitrages ist, die jĂŒngere und vorwiegend englischsprachige Diskussion ĂŒber den Einfluss von Institutionen und unterschiedlichen lokalen RationalitĂ€ten auf Organisations- und Managementprozesse in MNU aufzuarbeiten. Im Folgenden werden die Grundlagen, wesentlichen AnsĂ€tze, Kernaussagen und Konsequenzen des europĂ€ischen und amerikanischen Institutionalismus dargestellt. Insbesondere wird der Beitrag die Bedeutung, aber auch Grenzen dieser beiden AnsĂ€tze fĂŒr die Analyse von VerĂ€nderungsprozessen in Multinationalen Unternehmen skizzieren und evaluieren. Im Vergleich zum noch dominanten „evolutionĂ€ren Paradigma“ in der internationalen Managementforschung wird hier das alternative ErklĂ€rungspotenzial von sozialwissenschaftlichen Institutionentheorien herausgestellt und anhand von vier verschiedenen Aspekten diskutiert: dem Einfluss des Heimatlandes, der Macht und der Autonomie von Tochtergesellschaften sowie der Entstehung transnationaler sozialer RĂ€ume. This paper provides an overview over one of the most recent debates in international management by discussing key assumptions, major approaches, main contributions and implications of European and American institutionalist theories. In particular, the article discusses and evaluates the consequences of these approaches for the theory of the multinational firm. The potential of these approaches is explored by highlighting four areas of interest: the role of the evolutionary paradigm, the influence of the country of origin, power relations in and autonomy of subsidiaries and the emergence of a transnational social space. The argument focuses on how these institutionalist approaches may further our understanding of and theoretical insights into the multinational firm

    Legal determinants of external finance revisited : the inverse relationship between investor protection and societal well-being

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    This paper investigates relationships between corporate governance traditions and quality of life as measured by a number of widely reported indicators. It provides an empirical analysis of indicators of societal health in developed economies using a classification based on legal traditions. Arguably the most widely cited work in the corporate governance literature has been the collection of papers by La Porta et al. which has shown, inter alia, statistically significant relationships between legal traditions and various proxies for investor protection. We show statistically significant relationships between legal traditions and various proxies for societal health. Our comparative evidence suggests that the interests of investors may not be congruent with the interests of wider society, and that the criteria for judging the effectiveness of approaches to corporate governance should not be restricted to financial metrics

    Seeking legitimacy through CSR: Institutional Pressures and Corporate Responses of Multinationals in Sri Lanka

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    Arguably, the corporate social responsibility (CSR) practices of multinational enterprises (MNEs) are influenced by a wide range of both internal and external factors. Perhaps most critical among the exogenous forces operating on MNEs are those exerted by state and other key institutional actors in host countries. Crucially, academic research conducted to date offers little data about how MNEs use their CSR activities to strategically manage their relationship with those actors in order to gain legitimisation advantages in host countries. This paper addresses that gap by exploring interactions between external institutional pressures and firm-level CSR activities, which take the form of community initiatives, to examine how MNEs develop their legitimacy-seeking policies and practices. In focusing on a developing country, Sri Lanka, this paper provides valuable insights into how MNEs instrumentally utilise community initiatives in a country where relationship-building with governmental and other powerful non-governmental actors can be vitally important for the long-term viability of the business. Drawing on neo-institutional theory and CSR literature, this paper examines and contributes to the embryonic but emerging debate about the instrumental and political implications of CSR. The evidence presented and discussed here reveals the extent to which, and the reasons why, MNEs engage in complex legitimacy-seeking relationships with Sri Lankan institutions

    Universal logic with encoded spin qubits in silicon

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    Qubits encoded in a decoherence-free subsystem and realized in exchange-coupled silicon quantum dots are promising candidates for fault-tolerant quantum computing. Benefits of this approach include excellent coherence, low control crosstalk, and configurable insensitivity to certain error sources. Key difficulties are that encoded entangling gates require a large number of control pulses and high-yielding quantum dot arrays. Here we show a device made using the single-layer etch-defined gate electrode architecture that achieves both the required functional yield needed for full control and the coherence necessary for thousands of calibrated exchange pulses to be applied. We measure an average two-qubit Clifford fidelity of 97.1±0.2%97.1 \pm 0.2\% with randomized benchmarking. We also use interleaved randomized benchmarking to demonstrate the controlled-NOT gate with 96.3±0.7%96.3 \pm 0.7\% fidelity, SWAP with 99.3±0.5%99.3 \pm 0.5\% fidelity, and a specialized entangling gate that limits spreading of leakage with 93.8±0.7%93.8 \pm 0.7\% fidelity
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