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
A June 2024 conference sponsored by D'Amore-McKim aims to help people work smarter, not harder, thanks to the help of AI and solve the world's problems along the way.
David De Cremer was installed as the Dunton Family Dean of the D'Amore-McKim School of Business on March 21, 2024.
“I can now confidently make decisions that positively impact the company's future.” – Avik Vimal, MBA'24
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.
Despite facing the challenge of not speaking French, Keira O'Connor, DMSB '25, embarked on a global co-op journey with the US Embassy Paris, facilitating connections between American and French businesses in her role as an international trade intern.
Reddit aims to go public and allow some users to buy shares, with a targeting a valuation of about $6.5 billion. D'Amore-Mckim Associate Professor of Finance, John Bai, suggests that Reddit's decision to go public and potentially allow users to buy shares could stem from necessity rather than choice.
Bitcoin's remarkable 69% price surge since January sets new all-time highs. Professor Ravi Sarathy dives into the pros and cons of Cryptocurrency Investment, unraveling the impact of Bitcoin ETFs on streamlining the buying and selling process.
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.