Abstract
Burgeoning international sociopolitical emphasis on climate change mitigation and its impact on business and corporate responsibility (CR) is incontrovertible. The insights from this mixed methods, longitudinal study are tri-fold: Firstly, establishes the notion of externationalization of negative impacts by actors from an emerging market to developed markets viz European Union; and vice versa. Secondly, demonstrates the interplay of multi-mode transnational activism on 'vulnerable' stakeholder saliency in climate change mitigation. Thirdly, propounds the influence of cultural dynamics on CR practice in emerging markets, inadvertently challenging the traditional approach to stakeholder thinking. Put succinctly, the insights indicate blurring boundaries, growing interconnectedness and vulnerabilities of markets in the advent of grand challenges. The theoretical proposition calls for an inclusive stakeholder approach in order to strengthen corporate resilience in markets.
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Pillai, K.V. (2022). Interconnectedness and Vulnerabilities of Markets from Climate Change Pressures and Organized Activism: Lessons from an Emerging Market. In: Simões, C., Stancu, A., Grigore, G. (eds) Corporate Responsibility, Sustainability and Markets . Palgrave Studies in Governance, Leadership and Responsibility. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-79660-0_7
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