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Social and Environmental Sustainability, Host Country Characteristics, and the Mediating Effect of Improved Working Practices: Evidence from Multinational Corporations in Malaysia.

Authors :
Fazal, Syed Ali
Al Mamun, Abdullah
Wahab, Sazali Abdul
Mohiuddin, Muhammad
Source :
Journal of Asia-Pacific Business; Apr-Jun2019, Vol. 20 Issue 2, p102-124, 23p, 5 Charts
Publication Year :
2019

Abstract

This study argues that improved working practices acquired from intra-firm technology transfers are a crucial source of organizational sustainability. This study used 252 subsidiaries of foreign-based multinational corporations located in Peninsular Malaysia as a quantitative data source. The findings revealed that market environment, cultural factors, and absorptive capacity significantly improved working practices, which in turn significantly and positively affected the social and environmental sustainability of firms. We recommend that the government of Malaysia formulate and adopt more market-friendly policies while simultaneously providing both insight on the various cultural norms of foreign nations and higher education and training for its citizens to maximize knowledge transfer following foreign investment, which is beneficial for both the host country and the organizations involved. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
10599231
Volume :
20
Issue :
2
Database :
Complementary Index
Journal :
Journal of Asia-Pacific Business
Publication Type :
Academic Journal
Accession number :
136414881
Full Text :
https://doi.org/10.1080/10599231.2019.1610683