How do European trade promotion organisations manage their stakeholders?

Schembri, Joe; Tang, Yee Kwan; Fletcher, Margaret; Dimitratos, Pavlos

doi:10.1016/j.ibusrev.2019.101595

Cited by 13 publications

(20 citation statements)

References 43 publications

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“…According to a widely accepted and articulated definition [54], stakeholders (interested parties) are any person who affects or is affected by the operations of a company [55]. A company must work through its relationships with stakeholders to enhance the creation of joint value, which is important to the success of the organization [56]. Internal stakeholders are those who have direct participation in the decision-making processes.…”

Section: Proposed Theoretical Modelmentioning

confidence: 99%

Transition to the Circular Economy in the Fashion Industry: The Case of the Inditex Family Business

et al. 2021

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Society is increasingly concerned about aspects of work related to sustainability. This leads organizations to reflect on the economic, environmental, and social problems that affect both current and future generations. When companies identify an environmental problem, they try to respond to it through changes in their environmental policies, aiming at the transition towards sustainability. In this context, the circular economy appears as a regenerative industrial system that replaces the concept of “end of life” with that of “restoration”. It is oriented to the use of renewable energies, eliminating the use of toxic chemicals, which are harmful to reuse. The theory of socio-emotional wealth describes the behavior patterns of family businesses in response to the environmental changes that occur and the reasons derived from the family character that make them move towards the circular economy model. This article studies the case of the Spanish textile manufacturing and distribution multinational Inditex, analyzing the information collected in its environmental balances in the period 2013–2018. The analysis allows us to observe the speed of Inditex’s transition to the circular economy. For this, transition speed indicators were formed in each of the dimensions of the circular economy model. The results of the study indicate areas in which the company is moving faster and those in which more effort is needed. Finally, a collection of good practices related to the CE used by Inditex is provided.

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Section: Proposed Theoretical Modelmentioning

confidence: 99%

Transition to the Circular Economy in the Fashion Industry: The Case of the Inditex Family Business

et al. 2021

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“…P. Hogan emphasizes that there is no universally applicable model, however, all successful TPOs have a number of factors in common and these are: organizational autonomy; government and exporter confidence; representation abroad; trained and capable staff; sufficient funding; Range of services provided by TPOs are very wide: commercial Hogan's point is also supported by other researchers and emphasizes that foreign TPOs have a key role to play in developing international trade [12,13]. Most of the export promotion organizations in most developed countries have a large number of offices abroad.…”

Section: Theoretical Aspects Of Tpomentioning

confidence: 99%

Impact of Export Trade Promotion Organizations on Export Development in Latvia in the Context of Globalization

Veinbergs

Skadina

2021

SHS Web of Conf.

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Research background: The impact of globalization in the 21st century is increasingly bringing change in the world’s political, economic, social and technological processes. It has become much easier to get information about relevant events across the borders, which lead to the visibility and accessibility of international business environment. International organizations promote and encourage small countries in the same manner as large ones in order to integrate them into the world’s economic development. As a result, most countries become partners and benefit through this globalization process which can be seen as a triggering factor for a successful cross-border trade. Purpose of the article: This paper aims to analyse the impact of Trade Promotion Organizations (TPO) on business in Latvia and its usefulness for export activities as well as contribution of TPO program to GDP growth in Latvia in the period from 2004 to 2019. Methods: In this research authors have used a case study method and analysed the experience of TPO in the global trade environment. Secondary data were obtained from statistical databases and research literature; regulations of international organizations in relevant countries - from publicly available sources. Findings & Value added: Results of this research indicate that organizations which promote and support Latvian export positively influence activities and high-quality cooperation with exporting companies and entrepreneurs who want to trade abroad. At the end of the research, the authors summarize their findings about TPO’s support activities to exporters in Latvia and other countries.

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“…According to Donthu and Gustafsson (2020), COVID-19 has led to dramatic changes in how businesses not only act and consumers behave in a network of actors (i.e., firms, customers, and public organisations), but it has also shown that markets are dynamic and can move rather rapidly. Schembri et al (2019) highlighted the participation of the government in export promotion, as a stakeholder, through market intelligence and commercial networks. As a primary stakeholder, the government has a direct and significant impact on the organisation, and their participation is essential for the company's operation (Schembri et al, 2019).…”

Section: Introductionmentioning

confidence: 99%

“…Schembri et al (2019) highlighted the participation of the government in export promotion, as a stakeholder, through market intelligence and commercial networks. As a primary stakeholder, the government has a direct and significant impact on the organisation, and their participation is essential for the company's operation (Schembri et al, 2019). Clarkson (1995), Agle et al (1999), and Park and Ghauri (2015) defined government as a primary stakeholder.…”

Section: Introductionmentioning

confidence: 99%

Destination country and export performance of agri-food products during the COVID-19 crisis

Weiss¹,

Pino²,

Weiss³

et al. 2021

IJEXPORTM

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In the context of markets with uncertainty, we use the stakeholder theory to explain the role and importance of destination country in the export arena. We analysed six cross-sectional Chilean case studies on exported agri-food products in three categories (fresh, frozen, and processed). Using quantitative and qualitative data, destination countries and export performance were analysed, comparing 2020 (during the COVID-19 crisis) with the previous year. Our results show that exported agri-food products maintained their main destination countries, and maintained or increased the number of destination countries. The analysis of export performance shows that export performance varies depending on both the kind of product and the category to which it belongs. The role of trade agreements confirmed the destination country as a primary stakeholder. This study thus contributes to the stakeholder theory and literature on export performance, considering the destination country as a primary stakeholder in exporting firms.

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How do European trade promotion organisations manage their stakeholders?

Cited by 13 publications

References 43 publications

Transition to the Circular Economy in the Fashion Industry: The Case of the Inditex Family Business

Transition to the Circular Economy in the Fashion Industry: The Case of the Inditex Family Business

Impact of Export Trade Promotion Organizations on Export Development in Latvia in the Context of Globalization

Destination country and export performance of agri-food products during the COVID-19 crisis

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