Informal institutions and multinationals' drive towards Sustainable Development Goals (SDGs): a dark-side perspective

Umoru, U ORCID: https://orcid.org/0000-0001-9281-9344, Ogundana, OM ORCID: https://orcid.org/0000-0002-0121-7231, Mangena, M and Udeozor, V ORCID: https://orcid.org/0000-0002-7025-8221, 2025. Informal institutions and multinationals' drive towards Sustainable Development Goals (SDGs): a dark-side perspective. Business Ethics, the Environment and Responsibility. ISSN 2694-6416

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Abstract

This study explores the influence of informal institutions (including its dark side) on Multinational Enterprises (MNEs) in promoting Sustainable Development Goals (SDGs) in a developing nation. Using qualitative interviews, we find that informal institutions, including "crime" and "corruption", increase telecommunication MNEs' support of SDGs. Our findings underscore the critical role of understanding and harnessing informal institutions, showcasing their significant impact on shaping the actions and contributions of MNEs. This research not only contributes to institutional theory but also provides empirical evidence of MNEs positively influencing local communities for sustainable development including socially embedded projects, knowledge externalities and rural infrastructure. The study advocates for a collaborative approach involving government, local communities, and MNEs to ensure the effective implementation of SDGs. Consequently, the study offers valuable insights for policymakers, academics, and practitioners navigating the complex dynamics of MNEs' involvement in SDGs within developing countries.

Item Type:	Journal article
Publication Title:	Business Ethics, the Environment and Responsibility
Creators:	Umoru, U., Ogundana, O.M., Mangena, M. and Udeozor, V.
Publisher:	Wiley
Date:	17 January 2025
ISSN:	2694-6416
Identifiers:	Number Type 10.1111/beer.12773 DOI 2347331 Other
Rights:	This is the peer reviewed version of the following article: Umoru, U., Ogundana, O. M., Mangena, M., & Udeozor, V. (2025). Informal institutions and multinationals' drive towards Sustainable Development Goals (SDGs): a dark-side perspective. Business Ethics, the Environment and Responsibility, which has been published in final form at https://doi.org/10.1111/beer.12773 This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Use of Self-Archived Versions. This article may not be enhanced, enriched or otherwise transformed into a derivative work, without express permission from Wiley or by statutory rights under applicable legislation. Copyright notices must not be removed, obscured or modified. The article must be linked to Wiley’s version of record on Wiley Online Library and any embedding, framing or otherwise making available the article or pages thereof by third parties from platforms, services and websites other than Wiley Online Library must be prohibited.
Divisions:	Schools > Nottingham Business School
Record created by:	Laura Borcherds
Date Added:	22 Jan 2025 10:33
Last Modified:	22 Jan 2025 10:33
URI:	https://irep.ntu.ac.uk/id/eprint/52895

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