Conference Agenda

In this study, we examine how increasing climate risk in potential host locations impacts MNEs’ location choice for foreign direct investments (FDIs) and consider how the network contingencies, the connectedness of MNEs in the industrywide collocation network and the connectedness of MNEs' country of origin (COO) in the global outward FDI network, moderate this relationship. using a novel dataset from the global automobile industry between 2003 and 2019 we argue and demonstrate that the negative externalities of climate risk reduce the likelihood and magnitude of MNEs locating their FDI in high-climate-risk locations. Further, we find that increasing COO connectedness increases the MNEs’ informational advantages and amplifies the negative impact of increasing climate risk in host locations on MNEs' FDI location choices. Thus, MNEs from more connected COOs are less likely to locate their FDI in high-climate-risk locations. However, the increasing MNE connectedness increases isomorphic pressures and imitative tendencies among collocated MNEs. This attenuates the negative impact of increasing climate risk in host locations on MNEs' FDI location choices. Thus, MNEs more embedded in FDI collocation networks are more likely to locate their FDI in high-risk locations.

Green business strategies of multinational enterprises (MNEs) have witnessed an upsurge in scholarly interest mainly due to the growing concern about environmental issues on a global basis. In this respect, the main purpose of this study is to synthesize and encapsulate the empirical body of research on green business strategies in the context of MNEs. Employing a systematic literature review methodology, 65 empirical articles published between 1995 and 2023 were subjected to content analysis with thematic aspects and the United Nations Sustainable Development Goals (UN SDGs), theoretical underpinnings, and empirical issues. Despite considerable progress, the findings of the systematic review unveil the shortcomings in the thematic distributions, the gaps associated with the theoretical foundations, and the fragmentations covering the empirical results, entailing additional improvements for the thrust of research on green business strategies of MNEs to move towards maturity.

How do green competitiveness factors like Green Innovation Management (GIM), Business Ethics (BE), and Corporate Social Responsibility (CSR) practices impact on Environmental, Social, and Governance (ESG) performance? And, how does adopting United Nations’ Sustainable Development Goals (SDGs) affect the relationship between green competitiveness and ESG performance? Multinational Enterprises (MNEs) must prioritize sustainability. In conflict-ridden and economically fragile areas, SDG implementation requires extra attention. We used standardized coefficients to apply a linear regression model on data collected from 560 MNEs from the MENA region in 2023. Our model receives support on the crucial involvement of MNEs in shaping positive sustainable development through adopting a green competitiveness approach and aligning with global sustainability objectives.