This viewpoint aims to discuss some potential problems of institutional approaches such as social value creation in India and China.
In this viewpoint, institutional approaches as social value creation in India and China have been discussed and compared.
Government-driven institutional approaches may not be efficient because the involvement of political interests would prevail in countries with low institutional quality, firms focusing on international markets need to adopt global guidelines and regulatory guidelines set by governments and private sectors could ignore the differences and needs of various stakeholders.
This viewpoint argues the importance of communications and collaborations among governments, private sectors and other stakeholders in creating social values.
This study was partially funded by the Social Sciences and Humanities Research Council of Canada (Grant number: 435-2017-0658).
Oh, C. (2019), "Missing “society” in institutional approaches as social value creation in India and China", critical perspectives on international business, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/cpoib-07-2019-0054Download as .RIS
Emerald Publishing Limited
Copyright © 2019, Emerald Publishing Limited