• Campbell, Bonnie

    Bonnie Campbell is Professor at the University of Quebec in Montreal, Faculty of Political Science and Law.  more[...]

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  • Hamann, Ralph

    Ralph Hamann is research director and associate professor at the Graduate School of Business, University of Cape Town (UCT).  more[...]

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  • The Strength of Loose Couplings – The UN Global Compact as a Multistakeholder Initiative

    Prof. Andreas Rasche, Copenhagen Business School

    Multistakeholder initiatives such as the UN Global Compact organize their participants in specific ways. Most importantly, they have to bridge global (universal) principles and local (contextualized) implementation practices. Some initiatives have responded to this need by creating a nested network structure – that is, local networks that are embedded into a wider global “network of networks.” The UN Global Compact, for instance, has more than 100 local networks, which are connected through regional hubs, the Annual Local Network Forum, and interactions with the Global Compact Office. Stakeholder dialogue and collective action are emerging both within and among such networks.  more[...]

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    Prof. Andreas Rasche, Copenhagen Business School 
     
  • Managing Corporate Legitimacy and the UN Global Compact

    Prof. Andreas Georg Scherer, University of Zurich
    Dr. Dorothée Baumann-Pauly, University of Zürich

    In this article, we explain why managing legitimacy is vital for corporations and how business firms can employ strategies to maintain their legitimacy. We then discuss the organizational capacities that each legitimacy strategy implies and point out their inherent tensions. Based on the results of an empirical study, we show how two large corporations have handled these tensions and successfully introduced organizational prerequisites for managing legitimacy. In the final part of this article we elaborate on how participants of the UN Global Compact can use the initiative to strengthen their legitimacy.  more[...]

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