Diversity in Multinational Corporations: 1st Edition (Paperback) book cover

Diversity in Multinational Corporations

1st Edition

By Roxana Maiorescu, Brenda Wrigley

Routledge

182 pages

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Paperback: 9781138616998
pub: 2018-06-08
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Description

Globalization, information and communication technologies, and the millennials who have entered the workforce, compelled corporations to change their resistant and defensive approaches to diversity and to proactively address differences. Companies determined that embracing diversity positively impacts their bottom line, as a result of the variety of perspectives and skills that derive from fostering a diverse workforce. To date, the majority of the studies in the business and communication fields shed light on diversity engagement in the US and leave room for the further exploration of how diversity is construed and approached in international milieus. There is a paucity of recent studies on diversity engagement in the US and the topic requires current investigation of the newest corporate engagement in diversity. Diversity in Multinational Corporations aims to address the two gaps in the literature.

For this purpose, the book analyzes the diversity approaches of twenty-eight US companies from ten industries to develop a theoretical framework whose practical application enables companies to make significant contributions to the environments in which they operate. The framework addresses the present challenges that American corporations face in their diversity engagement, namely low employee engagement and "diversity fatigue," and proposes the implementation of a new social responsibility approach, whose aim is to address inequality at a global scale by adaption to the local environment and less focus on immediate business benefits. Finally, because the book discusses diversity engagement in global business environments, its results can be applied by international companies that operate at a global scale.

Table of Contents

1. Theoretical and Practical Approaches to Diversity

2. Diversity in the Financial and Banking Industry

3. Diversity in the Oil and Gas Industry

4. Diversity in the Tech Industry

5. Diversity in the Telecommunication Industry

6. Diversity in the Media and Entertainment Industry

7. Diversity in the Insurance Industry

8. Diversity in the Consumer Goods Industry

9. Diversity in the Pharmaceutical Industry

10. Diversity in the Automobile Industry

11. Diversity in the Beverage Industry

12. Diversity Engagement: Implications for Theory and Practice

About the Authors

Roxana Maiorescu is an Assistant Professor in the Department of Marketing Communication at Emerson College, USA.

Brenda Wrigley is an Associate Professor and Chair of the Department of Marketing Communication at Emerson College, USA.

About the Series

Routledge Advances in Management and Business Studies

Management and business studies are firmly established as a popular, important and significant area of study in the academic world. Bringing together theories and thought from a wide range of disciplines, this series features cutting -edge research addressing all the major issues in business and management today, helping to define and advance the field.

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Subject Categories

BISAC Subject Codes/Headings:
BUS000000
BUSINESS & ECONOMICS / General
BUS030000
BUSINESS & ECONOMICS / Human Resources & Personnel Management
BUS035000
BUSINESS & ECONOMICS / International / General
BUS071000
BUSINESS & ECONOMICS / Leadership