100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Summary Revision Notes from Tutorials and Classes $7.49
Add to cart

Summary

Summary Revision Notes from Tutorials and Classes

 35 views  0 purchase
  • Course
  • Institution

A summary of all core concepts from this course, including discussions from tutorial sessions.

Preview 2 out of 5  pages

  • February 1, 2021
  • 5
  • 2020/2021
  • Summary
avatar-seller
Governance Revision Notes

Q1

Part and parcel of governance is that business gets an active role in governing. Please
give clear arguments to the following questions:

a. What are the advantages and disadvantages of involving business in governance?
List and explain at least four each.

> Sheyvens et al 2016
(-) the high level of involvement from large‐scale corporations in the SDG process,
might lead to corporate interests outweighing those of civil society
(-) short-term gains of businesses might clash with long term environmental goals of
communities

> TBD
(-) government’s role further eroded as business CSR emerges and establishes itself

(-) legitimacy questioned as could be used to further their own interests (Schrerer
and Palazzo 2011) and conflict of interests as in Schveyens

(-) could be used for greenwashing



> Sheyvens et al 2016
(+) At a time of shrinking government revenues, companies leverage vast amounts
of investment capital. They bring cutting‐edge technologies, big data, and
specialized skills to address unmet needs. Competition continually drives innovation
and efficiency. In short, when companies decide to tackle social problems as
business opportunities, they produce results for both their shareholders and the
world – RESOURCES

(+) increased legitimacy and/or efficiency/success (see MSC example)

(+) business firms engage in processes of self-regulation through soft-law when
governments are unable or unwilling to regulate (Schrerer and Palazzo 2011)

(+) increased responsibility throughout the supply chain – shift from liability to social
connectedness model (Schrerer and Palazzo 2011)


(-) Value is central verification; info is valued jointly and justice is done for many.

(-) Flexible, adaptive and decentralized structure. (much faster process than national/ international
regulations

, (-) power imbalances

(-) difficult to reach consensus

Look at Steuer’s paper




b. What could be the motivation of business to get involved in governance? List and
explain at least four different motivations.

> Sheyvens et al 2016 - in one study of 40 large corporations the motivation to pursue
sustainable and inclusive business practices ‘ranged from “maintaining competitive
position” as the leading motivator, followed by “avoiding reputational damage,” “avoiding
future supply disruptions,” and “capturing revenues and building loyalty”’


c. One of the critiques of involving business is the argument of ‘greenwashing’. How do you
think that greenwashing (by business) can be prevented? List and explain at least three
options.

https://research.hanze.nl/ws/files/25737676/
Vollero_et_al_Avoiding_the_greenwashing_trap.pdf
https://lawdigitalcommons.bc.edu/cgi/viewcontent.cgi?referer=https://scholar.google.nl/
&httpsredir=1&article=2098&context=ealr

here the search: https://scholar.google.nl/scholar?
hl=it&as_sdt=0%2C5&q=greenwashing+AND+avoiding&btnG=

> short-term vs long-term involvement and goals


Q2
A group of international activists want to create their own voluntary standard with certifying
practices (similar to those existing in coffee, fisheries, palm oil, and other agricultural sectors). The
difference is that they want to introduce a voluntary standard and certifying practices to a sector
in which there are currently no private regulators. They believe that this is a great opportunity
and that they can make a big impact!

The group has heard that the Dutch government has allocated money into a special fund for
sustainability projects which may have a serious beneficial impact in the Global South, in
environmental, economic, and/or social terms. The Dutch minister of development aid is in the
committee deciding which projects should be granted funding and is considering whether it should
lend its support to the initiation of a transnational certification scheme in a sector that does not
have any other private sustainability regulation from the private sector.

The minister asks for your advice on the following issues:

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller emmagervasi. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $7.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

53068 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$7.49
  • (0)
Add to cart
Added