Global Policies and Local Practice: Loose and Tight Couplings in Multi-Stakeholder Initiatives

Andreas Rasche, Dirk Ulrich Gilbert

    Research output: Contribution to conferencePaperResearchpeer-review

    Abstract

    This paper extends scholarship on multi-stakeholder initiatives (MSIs) in the context of corporate social responsibility in three ways. First, I outline a framework to analyze the strength of couplings between actors participating in MSIs. Characterizing a MSI as consisting of numerous local networks that are embedded in a wider global network, I argue that tighter couplings (within local networks) and looser couplings (between local networks) coexist. Second, I suggest that this coexistence of couplings enables MSIs to generate policy outcomes which address the conditions of a transnational regulatory context. I argue that MSIs’ way of organizing enables them to cope with three challenges: the stability, flexibility, and legitimacy of governance. Reflecting on these challenges, the article identifies a number of problems related to MSIs’ role in transnational governance. Third, I discuss the UN Global Compact as an illustrative case and examine problems and opportunities related to its stability, flexibility, and legitimacy.
    Original languageEnglish
    Publication date2012
    Number of pages50
    Publication statusPublished - 2012
    EventThe Academy of Management Annual Meeting 2012: The Informal Economy - Boston, United States
    Duration: 3 Aug 20127 Aug 2012
    Conference number: 72
    http://annualmeeting.aomonline.org/2012/

    Conference

    ConferenceThe Academy of Management Annual Meeting 2012
    Number72
    CountryUnited States
    CityBoston
    Period03/08/201207/08/2012
    OtherThe Informal Economy
    Internet address

    Cite this

    Rasche, A., & Gilbert, D. U. (2012). Global Policies and Local Practice: Loose and Tight Couplings in Multi-Stakeholder Initiatives . Paper presented at The Academy of Management Annual Meeting 2012, Boston, United States. http://ssrn.com/abstract=2129694