Center for Emerging Markets

As a Fall 2023 recipient of the Srinivasan Family Awards for Projects in Emerging Markets, Sima Sharma Tiwari is making strides advocating for comprehensive reproductive health education in Nepal.

The Latin American Business Club at Northeastern University (LBC) had the privilege of hosting Ecuador's former President, Jamil Mahuad, for a fireside chat on Thursday, March 28. Supported by the Center for Emerging Markets and organized by the LBC leadership team, the event provided students and faculty attendees with an opportunity for insightful discussions about global economics, diplomatic strategies, and entrepreneurship with the distinguished leader.

Cheng Li and Alvaro Cuervo-Cazurra investigated the relationship between misconduct by multinationals' foreign suppliers and subsidiaries and the multinationals' corporate social responsibility (CSR). They explain and find that multinationals whose foreign suppliers or subsidiaries experienced major environmental, social, and governance (ESG) breaches improved their CSR performance after the incident when compared to multinationals without such breaches. Additionally, these responses by multinationals to supplier and subsidiary misbehavior are more robust for multinationals from home countries with CSR mandates. Finally, they found that while major subsidiary misbehavior led to higher internal CSR performance, major supplier misbehavior resulted in higher external CSR performance. The findings provide valuable insights for managers of multinationals dealing with the challenges of managing misbehavior in far-flung suppliers and subsidiaries. They need not only to solve the particular misbehavior, but also implement multinational-wide initiatives to compensate for the breach in the social contract with stakeholders

As a Spring 2023 recipient of the Srinivasan Family Awards for Projects in Emerging Markets, Northeastern University's chapter of Innovators for Global Health, is working to develop affordable and sustainable medical supplies for healthcare facilities in Ghana.

Last night, the Center for Emerging Markets (CEM) at Northeastern University celebrated the culmination of two years of its Srinivasan Family Awards student grant program with a reception attended by over a dozen past student and alumni awardees, as well as faculty and staff partners.

Researchers at Rutgers University and the University of Manchester examine the central role of managerial perceptions in shaping a company's response to its country joining the World Trade Organization (WTO). They find that firms from emerging markets whose managers view domestic institutions positively are more likely to expand internationally post-accession. This suggests that, to promote the internationalization of emerging markets-based companies, policymakers should prioritize improving domestic institutions and fostering positive perceptions towards those institutions among managers.

Research by Luis Dau and his colleagues at Northeastern University and Villanova University shows how international trade and sustainability agreements facilitate the adoption of corporate social responsibility (CSR) standards by state-owned enterprises (SOEs) in emerging market countries. By exploring how SOEs respond to increasing pressure from global institutions, the authors reveal the social and political factors affecting national-level decision-making and subsequent company behavior. Overall, the findings provide valuable insights for both academics and practitioners regarding the intricate relationships between trade policies, business practices, and ownership structures.

The Center for Emerging Markets' Student Associate program recognizes undergraduate students at Northeastern University who are dedicated to strengthening and expanding emerging-market-related programming and research at the university. In the inaugural cycle of this program, CEM recognized six students as the first cohort of Student Associates.

As a Spring 2023 recipient of the Srinivasan Family Awards for Projects in Emerging Markets, Shreyas Mosurkal, a fourth-year Health Science student at Northeastern University, spent his final semester at Northeastern working to increase access to emergency care in remote regions of Kenya.