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In April 1959, editor-in-chief of Time magazine, Henry Luce, spoke vehemently to the World Congress of the International Chamber of Commerce, encouraging business leaders “to unite [their] energies on something which is really fundamental—fundamental to civilization and economic progress. That something is the advancement of the rule of law.” Together with lawyers, business leaders had “the responsibility to see that the rule of law prevails in every corner of the business world.” Luce insisted that international trade needs “legal certainty” and business leaders would do better by focusing less on “certain rules and regulations” and more on “basic and universal rules under which all business could prosper.” One of the proposals he asked the audience to endorse was German banker and politician Hermann Abs's Magna Carta (a formative proposal to enact what is known today as investor-state dispute settlement, or ISDS).
This article assesses the “business of development” in the post-colonial age, when bilateral and multilateral aid regimes offered businesses new opportunities. It uses the case study of Britain and the European Economic Community (EEC), from Britain's accession to the EEC in 1973 to the early 1980s, to demonstrate that the British government viewed multilateral aid instruments, in particular the European Development Fund (EDF), as offering commercial opportunities for British firms. Based on records of the EEC, business associations, and the French and British states, the article analyzes business-state relationships between national governments, corporations, and supranational institutions. As the UK government tried to redirect EEC aid toward places where its firms had the most to gain, it met the opposition of other member states and European institutions as well as the disinterest of its own businesses.
The circular economy (CE) has gained increasing attention as a means towards sustainable development. Entrepreneurs and small and medium enterprises are regarded as key custodians in the transition to a CE. Opportunity identification is the cornerstone of entrepreneurship and has been extensively studied in traditional venturing; however, research on circular opportunity identification is limited. This paper addresses this gap by exploring (1) how entrepreneurs identify opportunities in the CE, underpinned by an adaptation of a sustainable opportunity identification conceptual model and (2) how CE principles are reflected in the identified opportunities, through the lens of the ReSOLVE CE framework. Nine in-depth interviews were conducted with circular entrepreneurs from three European Union member states with high, medium, and low Resource Efficiency Scoreboard rankings. The findings shed light into the black box of circular opportunity identification and indicate that the ReSOLVE levers constitute a useful framework to advance knowledge on circular entrepreneurship.
It is common for historians to focus their attention on turning points in the past. The risk with this is that it overstates how dramatic change was and the extent of stasis and stability in between those turning points, at its most extreme form in notions of punctuated equilibriums. We need to remember the importance of continuities across those turning points and transitions in order to understand the roots of change and have a more nuanced picture of the nature of change. This is as valid for the relationship between firms, governments, and global governance frameworks as it is for any other historical subject.
The international institutions that govern global capitalism—the United Nations, World Bank, and International Monetary Fund (IMF)—wield considerable power over the flows of trade and finance, and thereby the nation-states that participate in it. (And opting out is nearly impossible.) Those institutions were created in July 1944, amidst World War II, with the laudable objectives to restore global trade and capital flows, protect national sovereignty, and promote peace through interdependence. In short, these institutions represented the solution to the failures of interwar international governance—more specifically, the failure of the League of Nations to stem macroeconomic instability or the Second World War.
Popular and influential social commentators have called organizations complicit in perpetuating weight-based bias and mistreatment. Although our field has advanced our understanding of the economic consequences of being fat at work (e.g., salary; job performance; and promotions), we urgently need more research on the interpersonal experiences of this swath of workers so that we can appropriately advise organizations. In this article, we describe how organizational psychology researchers can answer this call to do more research on weight at work (a) even while feeling uncomfortable with a topic that can feel personal, medicalized, and/or overly intertwined with other DEI-based topics; (b) by incorporating insightful research from outside disciplines that centers weight controllability and weight-based mistreatment deservedness; and, critically, (c) while approaching weight at work research with a respectfulness that conveys an understanding of the complexities intertwining weight, health, and personal agency. In culmination, this article offers to our field a flexible, living document entitled Best Practices for Weight-Based Research in Organizational Studies.