Résumé
Globalization has been accompanied by rising pressure from advocacy non-governmental organizations (NGOs) on multinational firms to act in socially-responsible manner. We analyze how NGO pressure interacts with industry structure, using a simple model of NGO-firm interaction embedded in an industry environment with endogenous markups and entry. We explain three key empirical patterns in developing-country industries under activist pressure: the degree of exit under more intense activist pressure, the differential response of industries to NGO activism, and the general rise of NGO activism following globalization.
langue originale | Anglais |
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Pages (de - à) | 28-42 |
Nombre de pages | 15 |
journal | Journal of Development Economics |
Volume | 116 |
Les DOIs | |
Etat de la publication | Publié - 1 sept. 2015 |