Addisu Lashitew, Rob van Tulder and Lukas Muche

Addisu Lashitew is a research fellow at Brookings Institution. He tweets @AddisuLashitew. Rob van Tulder is a professor of international business-society management at Rotterdam School of Management, Erasmus University Rotterdam. Lukas Muche is a researcher at Rotterdam School of Management, Erasmus University Rotterdam.

Pyramid

Creating Social Value in the Context of Institutional Failure

Although reliance on social networks could supplement some of the deficiencies in formal institutions, they are unlikely to entirely supplant the need for contractual governance mechanisms. We thus sought to understand how multi-stakeholder collaborations can create social value in contexts of institutional failure – or “institutional voids” in international business jargon.

9 months ago
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