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Library | Item Barcode | Call Number | Material Type | Item Category 1 | Status |
|---|---|---|---|---|---|
Searching... | 30000004860304 | HD2755.5 B62 2005 | Open Access Book | Book | Searching... |
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Summary
Summary
In this series of essays that span over 20 years of research, Benjamin Bobo builds the case for multinational corporations to take an active role in combating poverty around the world. Citing sobering statistics (for example, three-fourths of the world's nations are classified as Third World and four-fifths of the world's people live in these nations), Bobo argues that huge corporate entities not only have the wherewithal but an obligation to alleviate the suffering that results from a lack of economic resources and opportunity. Through these provocative and forward-looking essays, he presents a theoretical and practical framework for multinationals to stimulate economic development in the Third World--providing access to capital, entrepreneurial expertise, and emerging technologies.
In a bold challenge to conventional thinking about wealth creation and strategic decision-making, Bobo applies such concepts as profit satisficing and stakeholder givebacks, and proposes an agenda for change that begins in business schools (the intellectual training ground for multinational managers), with increased emphasis on sustainability and human development. The net result, he argues, will be a world in which both producers and consumers benefit.
Author Notes
Benjamin F. Bobo is Professor of Finance at Loyola Marymount University, Los Angeles. His research focuses on life-choice constraints of the economically disadvantaged in the United States and around the world. He is the author of many articles and books, including Locked in and Locked Out: The Impact of Urban Land Use Policy and Market Forces on African Americans (Praeger, 2001).
Table of Contents
| Preface |
| Acknowledgments |
| Perspective |
| Introduction |
| The Historical Context in Brief Multinational Corporations in the Economic Development of Black Africa |
| Some Problems That Affect an Equitable Relationship Issues in North-South Relations and the New World Order MN-Third World Relations |
| A Comparative Study of Policymakers' Attitudes and Perceptions Multinationals in the Third World |
| Reciprocity, Conflict Resolution and Economic Policy Formulation Multinationals, the North, and the New World Order |
| Objectives and Opportunities Internationalization Decision Making and the Global Interdependency Sensitivity Thesis Multinationals and the Caribbean |
| A Postcolonial Perspective Third World Investment Strategy |
| The African Predicament Whose Wealth to Maximize |
| The Third World as Stakeholder GIST and Profit Satisficing |
| Toward More User-Friendly Shareholder Wealth Maximization User-Friendly Shareholder Wealth Maximization and B-School Pedagogy |
| Epilogue |
| Bibliography |
| Index |
