869: Exploring Contextualized Nonmarket Strategies to Manage Geopolitical Risk and ESG (16796)

Sunday, August 11, 2024

13:30 – 15:00 CT (GMT-5/UTC-5)

Location: Marriott: Watertower

Session Number: 869
Symposium (panel)
Orientation: Theme
Shareable link: https://cdmcd.co/arKXwn

Panelist(s)

AK

Anna Krzeminska

Macquarie Business School, Macquarie U., Australia
HT

Hannah Trittin

Leuphana U. Lüneburg, Germany
DW

Dorothee Maria Winkler

U. of Zurich, Switzerland
TL

Tahiru Azaaviele Liedong

School of Management, U. of Bath, United Kingdom
DN

Daniel Nyberg

The U. of Queensland, Australia
PS

Pei Sun

Alliance Manchester Business School, U. of Manchester, United Kingdom
CM

Catherine Erica Alexina McDonald

U. of St. Gallen, Switzerland
HD

Hakki Dogan Dalay

U. of Zurich, Switzerland

Managing the nexus between societal and political demands represents an important challenge for today’s organizations. Nonmarket strategy research debates the relationship between corporate social responsibility (CSR) and corporate political activity (CPA), particularly how the CSR-CPA relationship varies across different contexts such as autocratic vs democratic states. This is important for the management of both ESG referring to CSR and geopolitical risk referring to CPA: not only for firms conducting international business with autocratic states such as China and Russia, but also for firms dealing with domestic geopolitical risks, such as a change of local environmental regulations or political polarization and their ESG implications: How can contextualized nonmarket strategies help manage geopolitical risk and ESG in contemporary firms? The purpose of this panel symposia is to structure the emerging debate on the relationship of CSR and CPA, to enable discussion among the so-far often siloed contextual research camps, as well as to critically discuss central assumptions and research opportunities within nonmarket strategy scholarship.