|Efiong Akwaowo, PhD|
Abstract: During the past two decades, advances toward a truly global economy were driven by the role of Multinational Enterprises (MNE). The progress in Foreign Direct Investment (FDI) has raised many controversies in the ways these foreign investors conduct their businesses in the developing countries. More attention has been given to Corporate Social Responsibility (CSR) in developing countries. Despite such attention, Africa is much less represented than any other continent. MNEs, which embark on FDI, are faced with an important decision on how to enhance CSR in order to reduce poverty in their host countries. The authors reviewed peer-reviewed literature exploring FDI, CSR and how FDI contributed to the reduction of poverty in the African developing countries of Nigeria, Ghana, and Cameroon.
Link to Research: https://ssrn.com/abstract=2801750
Reference: Akwaowo, Efiong and Swanson, Andree. (2016) Foreign Direct Investment, Corporate Social Responsibility and Poverty Alleviation: Evidence from African Countries. Review of Business & Finance Studies, Vol. 7(2), p. 21-33, 2016.
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Copyrighted materials used with researcher's permission.