Abstract
: Sustainable development issues are considerably popular subjects within the international research community. On the other hand the importance of the issues related to global supply chains has also increased significantly. This paper will also mention a change in one of the main economic paradigms: from international exchange between countries and individual companies there is a transition to exchange between the participants along the global supply chains. The interest in global supply chains and their management is provoked by the fact that they are a major source of competitive advantage on global markets. Nowadays, global supply chains are an integral part of the activities of a number of companies operating abroad. Every business operation finds its place in one or more supply chains. Within the contemporary context of scarce resources and the widely spread sustainable development idea, the companies compete on a global economic scale where the main business unit is the world as a whole, not an individual country or region. All these trends and global developments provoked our scientific interest and with the project “Corporate governance and the global supply chains” we tried to find out how the global supply chains are actually influenced by the issues of sustainable development. Within the course of the project we have reviewed and analyzed quite a lot of scientific literature, we studied the publicly available information of the big international corporations related to their social corporate responsibility and sustainable development issues. In addition, we have made empirical research among local suppliers of big international companies as well as a number of international NGOs dealing with sustainable development and social policy issues. Some of the findings from our project are presented in the current paper.
Highlights
The interest on global supply chains (GSC) and their management has been provoked by the fact that they are a major source of competitive advantage on the global market
The sustainable development concept enters into every detail of the production process and the way the companies are doing business worldwide. It inevitably influences the global supply chains. All these trends and global developments provoked our scientific interest and with the project “Corporate governance and the global supply chains” we tried to find out how the global supply chains are influenced by sustainable development issues on one hand and on other hand how they reflect on the corporate governance
The methods used in the project are the review and analysis of academic literature and different projects papers, study of the publicly available information on the big international corporations’ websites as well as empirical research among local suppliers of big international companies as well as a number of international NGOs dealing with sustainable development and social policy issues
Summary
The interest on global supply chains (GSC) and their management has been provoked by the fact that they are a major source of competitive advantage on the global market. Global supply chains are an integral part of the business of a number of companies operating abroad. That is why today there is an increasing interest both from academia and from the business community, to the specificities of the global supply chains’ management as a new way of doing business, in order to increase the competitiveness of companies involved in the international business. The sustainable development concept enters into every detail of the production process and the way the companies are doing business worldwide. It inevitably influences the global supply chains. Some of the findings related to the global supply chains are presented below
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