Pursuing sustainability development goals through adopting gender equality: Women representation in leadership positions of emerging market multinationals
EM-MNCs;
gender equality goal;
institutional quality;
legitimacy;
strategic disadvantages;
Sustainability Development Goals;
women representation in leadership positions;
TOP MANAGEMENT-TEAM;
INTERNATIONAL-BUSINESS;
SOCIAL-RESPONSIBILITY;
CORPORATE GOVERNANCE;
FIRM PERFORMANCE;
DIVERSITY;
FOREIGNNESS;
EXPERIENCE;
MNCS;
ATTRACTIVENESS;
D O I:
10.1111/emre.12532
中图分类号:
C93 [管理学];
学科分类号:
12 ;
1201 ;
1202 ;
120202 ;
摘要:
This study examines the competitive disadvantages rationale behind the pursuing of Sustainability Development Goals (SDGs) by emerging market multinational corporations (EM-MNCs) in foreign markets. We argue that EM-MNCs may pursue gender equality goal in host markets as a legitimation strategy to offset their strategic disadvantages inherited from the home markets. Based on a sample of foreign subsidiaries from 10 major emerging countries from 2010 to 2020, this study finds strong evidence demonstrating that the institutional quality of home markets exerts a positive effect on the representation of women in leadership positions of EM-MNCs. Additional analyses demonstrate that international experience and institutional ownership further magnify this effect.