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Responsible Management in Emerging Markets A Multisectoral Focus 1St Edition Eric Kwame Adae All Chapter
Responsible Management in Emerging Markets A Multisectoral Focus 1St Edition Eric Kwame Adae All Chapter
Responsible Management
in Emerging Markets
A Multisectoral Focus
Edited by
Eric Kwame Adae · John Paul Basewe Kosiba
Robert Ebo Hinson · Kojo Kakra Twum
Nathaniel Newman · Francis Fonyee Nutsugah
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Responsible
Management in
Emerging Markets
A Multisectoral Focus
Editors
Eric Kwame Adae John Paul Basewe Kosiba
Drake University School of Journalism and University of Professional Studies, Accra
Mass Communication Accra, Ghana
Des Moines, IA, USA
Kojo Kakra Twum
Robert Ebo Hinson Presbyterian University College
University of Ghana Business School Abetifi, Ghana
Accra, Ghana
Francis Fonyee Nutsugah
Nathaniel Newman Ho Technical University
University of Ghana Business School Ho, Ghana
Accra, Ghana
© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature
Switzerland AG 2021
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Preface
The social and environmental ills the world over are partially attributable
to the activities and operations of businesses in their quest to meet the
needs and demands of their customers and, of course, for their strategic
motives. The consequences are dire. Resources are being depleted at an
alarming rate, threatening the survival of current and future generations,
as well as our fragile ecosystem. Wastes, effluents and emissions are on the
increase, accelerating the rate of ozone layer depletion, a catalyst for cli-
mate change and its attendant consequences.
To address these negative trends of business activities, a call is made on
businesses to be responsible and balance the conflicting interests of diver-
gent stakeholders, including the biosphere and future generations. This
requires the installation of responsible and sustainable management prac-
tices that seek to integrate economic, social and environmental missions
into corporate goals and strategies. However, it remains a myth urging
businesses to adopt responsible management practices without providing
them with a practical guide on how to do so. This book—Responsible
Management in Emerging Markets: A Multisectoral Focus—is a response to
the dearth of literature on responsible management, particularly in
emerging markets.
This edited volume is unique in its approach. It discusses various issues,
trends and challenges at the crucial intersection of corporate social
responsibility (CSR), green business (marketing) and sustainability
v
vi Preface
discusses what MCSR entails, expatiates its streams and dimensions and
elaborates on some of its positive and negative outcomes.
Chapter 3 assesses the contribution of CSR activities in the educa-
tional sector of emerging economies. The evaluation is based on the argu-
ment that governments alone cannot provide universal equitable
education. Instead, complete access and quality of education is a shared
responsibility, which should come from the contributions of private busi-
ness concerns.
Chapter 4 argues that sustainability is everyone’s responsibility, not a
preserve of large enterprises. The chapter proposes that green entrepre-
neurship should be structured to contribute to economic growth and
sustainable business practice at the micro, meso and macro levels.
Chapter 5 examines green marketing practice—a tool for achieving
sustainable management—by small and medium-sized enterprises
(SMEs). This chapter presents some benefits and challenges of green mar-
keting in SMEs and proposes strategies for improving green marketing
by SMEs.
Chapter 6 recommends setting new guidelines for sustainability
reporting standards in emerging economies. The chapter proposes col-
laboration between private and public sectors across local and regional
jurisdictions for transparency and data quality in sustainability reporting.
Chapter 7 recognises the critical roles played by management and
employees in building environmental sustainability culture in organisa-
tions through green HR practices such as creating eco-participation
opportunities, attracting and selecting green human capital, developing
green teams and green jobs, training and transforming green leaders, and
managing green performance and compensation.
Chapter 8 explores sustainability in operations and supply chain man-
agement. The chapter opines circular economy—a new wave of sustain-
able operations where waste is used as an input and is transformed into
new products and services.
Chapter 9 examines the concept of sustainable enterprise to unearth
building of sustainable business models. The chapter reveals that sustain-
able enterprises integrate social, environmental and economic dimen-
sions into their business models for the attainment of sustainable
development missions.
viii Preface
ix
x Contents
Index375
Notes on Contributors
Fig. 2.1 Analysis of micro, meso, and macro-level CSR. (Source: Frynas
and Stephens (2015)) 40
Fig. 4.1 Categories of green entrepreneurs. Source: Adapted from
Linnanen (2016, p. 75) 87
Fig. 4.2 Value chain for green businesses. Adapted from Donor
Committee for Enterprise Development (2012) and Hasan
et al. (2019) 92
Fig. 4.3 Ecosystem for green entrepreneurship. Adapted from Isenberg’s
model for an entrepreneurship ecosystem (2011) 94
Fig. 4.4 Interactions at the three levels. Source: Author (2021) 96
Fig. 8.1 Engineering asset management life-cycle phases and stages.
(Source: Amadi-Echendu and Amadi-Echendu (2015)) 191
Fig. 8.2 The circular economy. (Source: de Estarrona et al. (2019)) 192
Fig. 8.3 The ecological footprint. (Source: Global Footprint Network
(2019))200
Fig. 9.1 Model of sustainable development mission achievement and
growth. (Source: Authors (2021)) 235
Fig. 11.1 A tri-party collaboration among consumers, firms, and govern-
ment. (Source: Authors (2021)) 282
Fig. 14.1 Sustainable mining practices. (Source: Adapted from Essah and
Andrews (2016)) 355
xxv
List of Tables
xxvii
xxviii List of Tables
1.1 Introduction
There is a deepening consciousness that responsible management objec-
tives deserve as much attention as poverty-reduction targets (Sachs, 2012).
Unlike the relative success stories surrounding the Millennium
Development Goals (MDGs) that seek to reduce global poverty, hunger,
and disease, the world is still caught up in the throes of significant
E. K. Adae (*)
Drake University School of Journalism and Mass Communication,
Des Moines, IA, USA
e-mail: eric.adae@drake.edu
J. P. B. Kosiba
University of Professional Studies, Accra, Accra, Ghana
e-mail: johnpaul.kosiba@upsamail.edu.gh
R. E. Hinson • N. Newman
University of Ghana Business School, Accra, Ghana
e-mail: rhinson@ug.edu.gh
K. K. Twum
Presbyterian University College, Abetifi, Ghana
F. F. Nutsugah
Ho Technical University, Ho, Ghana
1 An Introduction to Responsible Management… 3
including the Triple Bottom Line (TBL), by John Elkington who argues
that rather than pursuing a single financial bottom line that privileges
investors, companies should pursue three bottom lines for people (soci-
etal responsibility), planet (environmental sustainability), and profits
(firm financial performance) (Elkington, 1999).
Despite gaining glowing tribute in the literature, CSR is not without
its critics (Moscato, 2018). Some scholars suggest that CSR has fallen
below expectations in positively impacting society and the environment
since it has largely become a tool for corporate lack of authenticity (Adae,
2021). Elkington recently expressed some frustration about his TBL con-
cept due largely to mounting evidence that many CSR programmes are a
code for seeking corporate self-interests and private profit priorities,
without much efforts to sustainably meet the needs of people and the
planet (Elkington, 2018).
CSR is sometimes blamed as a strategy for preserving private firm
value (Sarkar, 2018), and some scholars go so far as to contest the asser-
tion that improvements in industrial productivity (even with sustainable
methods) can reduce ecological harms and deleterious social impacts
(Foster, 2000). Others argue that CSR has tended to serve as a tool for
averting mounting pressures for environmental and public scrutiny of
companies (Enoch, 2007). CSR has also been blamed for being used for
various corporate deceptions and diverse expressions of selfishness by
business entities (Pompper, 2015). These genres of corporate inauthen-
ticity include “wokewashing” (see Adams, 2019; Sheehan, 2019), “blue-
washing” (see Pompper, 2015), “pinkwashing” (see McVeigh, 2012), and
“greenwashing” (see Sheehan & Atkinson, 2012).
It is one thing to have green resources that are sourced responsibly and
quite a different thing to efficiently deploy such resources. Thus, posses-
sion of green resources, while a necessary condition, is not sufficient for
green business success (Abuzeinab et al., 2017). Equally vital are the ade-
quate existence of green production and value delivery processes,
described in terms of key activities undertaken to create and capture
green value, including the procedures, routines, and systems by which a
company procures green resources, produces green products and services,
and delivers the same to green consumers.
The green processes of a responsible company comprise a comprehen-
sive gamut of green supply chain management (Mafini & Muposhi,
2017; Rao, 2019). Green processes are multifaceted, entailing green pro-
duction (Tiwari, Ahmed & Sarkar, 2018), green human resource man-
agement (Mishra, 2017; Yusliza et al., 2017), green marketing (Amoako
et al., 2020; Dangelico & Vocalelli, 2017; Nutsugah et al., 2020), green
financing (Dikau & Ryan-Collins, 2017; Ng, 2018), green consumption
(Perera et al., 2018), and green reporting (GRI, 2016).
for example, Voltic Ghana Limited, one of the leading producers of min-
eral water, introduced a new eco-friendly bottle called the Voltic Twist to
facilitate recycling (Modern Ghana, 2019).
Ensuring that bottles used for packaging are easily recyclable is not
only a responsible business practice, but also a green value proposition. In
the green business model canvas of Abuzeinab et al. (2017), green value
propositions are products and services offered by a firm based on their
environmental appeal to customers. Green products and green value
propositions, therefore, are offerings that meet the environmental sus-
tainability expectations of consumers in particular and strategic stake-
holders in general.
Responsible management is embraced as a modern management prac-
tice, particularly in emerging economies. Several tools and approaches of
responsible management are available. Pivotal among these approaches is
green business, defined as the practice and process of producing and
delivering products and services that offer economically viable and envi-
ronmentally beneficial outcomes for stakeholders. It is a comprehensive
framework that captures the entire spectrum of a firm’s value chain, cov-
ering green resources and sourcing, green production and delivery pro-
cesses, and green products for green consumers.
Scholarship in CSR, Sustainability, Green Business, and Responsible
Management has been colonised by Western philosophical standpoints,
dogma, and assumptions. There is a preponderance of Western voices and
cases. The field also displays a modernist perspective that markedly privi-
leges the corporate interest (Adae, 2021). There is a woeful dearth of
cases, based on studies from emerging markets. Particularly, there is cur-
rently no volume that features studies on how CSR, Sustainability, Green
Business, and Responsible Management are panning out in various sec-
tors in emerging markets.
This book, Responsible Management in Emerging Markets: A Multisectoral
Focus, is designed to address all these concerns. The discussion on sustain-
ability practice is heightened by the desire of the United Nations to end
poverty, protect the environment, and ensure prosperity for all by the
year 2030. This book explores efforts by businesses to make deals with
green marketing and sustainability challenges in emerging economy con-
texts. It offers insights into the opportunities that exist to ensure that
1 An Introduction to Responsible Management… 15
ORNAMENTAL PAINTING.
monograms.
At the present time nearly all possessors of carriages have their
private marks painted on some part of the panels. These take the
form of monograms, initial letters, crests, and heraldic bearings or
coats of arms. The monogram is the commonest. For crests and
coats of arms a duty is levied, from which monograms are free.
A few examples are subjoined. They can be multiplied to any
extent; and designing monograms and initial letters would be
excellent practice for the apprentice.
Fig. 33.—Lay in C with dark blue, light blue,
and chrome yellow, No. 2; lighted with A to be
in Tuscan red, lighted with vermilion and
orange; V with olive green, lighted with a
bright tint of olive green and white. Separate
the letters with a wash of asphaltum.
Fig. 34.—Paint C a tan colour shaded with
burnt sienna, shaded with asphaltum to form
the darkest shades. Put in the high lights with
Fig. 33.—V. A. C.
white toned with burnt sienna. Colour I with
dark and light shades of purple, lighted with
pale orange; N to be lake colour lighted with vermilion. The above
may be varied by painting the upper half of the letters with the
colours named, and the lower portions in dark tints of the same
colour. When this is done, care must be taken
to blend the two shades, otherwise it will look
as if the letters are cut in two.
Fig. 35.—Paint the
upper half of O a light
olive green, and the
lower half a darker
tone of the same
colour; T to be lake,
lighted with vermilion
Fig. 34.—I. N. C.
above the division
made by the letter S,
no high lighting to be used on the bottom
portion of the stem; S to be painted red
Fig. 35.—O. T. S. brown, lighted with orange; or the colours
may be laid on in gold leaf, and the above
colours glazed over it.
Fig. 36.—This combination forms a
pleasing variety, and will afford good
practice in the use of the pencil. Lay in
the letters as indicated by the shading,
the letter V to be darker than A, and T
deeper in tone than either V or A. The
letters may all be laid on with gold leaf,
and afterwards glazed with colours to
suit the painter’s taste. The vine at the
base may be a delicate green tinged
with carmine.
Fig. 37.—This is of French design. Fig. 36.—V. A. T.
The letters furnish an odd yet attractive
style. It will be noticed that the stem of
the letter T covers the centre perpendicularly, and that the outer
lower portions of A and R are drawn to touch on the same line. The
main stems of these letters terminate in twin forms, arranged so as
to cross each other at the centre of the monogram and balance each
other on either side. In the matter of its colouring, it may be
mentioned that the letters in a monogram are
very often painted all in one colour, and
separated at the edges by a streak of white or
high light. Monograms painted in this manner
should be drawn so that the design will not be
confused by ornamentation; that is, the main
outlines of each letter should be distinctly
defined, and the spaces must be so arranged
as not to confuse the outlines. The pattern
here given may be coloured carmine, and the
Fig. 37.—A. R. T.
edges separated by straw colour or blue, and
the letters be defined by canary colour, or a
lighter tint of blue than the bodies of the letters are painted.
Fig. 38.—If the ground colour of the panels
is claret or purple the letters may be painted
with the same colour, lightened up with
vermilion and white, forming three distinct
tints; on brown, coat the letters with lighter
shades of brown; and so on with other
colours.
Fig. 38.—T. O. M.
Initial Letters.
A well painted initial letter is certainly quite equal to a monogram;
but then it must be well painted, because, as it stands alone, it has
only itself to rely upon for any effect, whereas, in a monogram, the
component letters mutually assist each other.
Fig. 39.—This letter possesses all the grace of outline that could
be desired in a single letter. Paint the letter in gold, shaded with
asphaltum and lighted with white. If a colour be used, have one that
agrees in tone with the striping on the carriage part; that is to say, if
blue be used in striping, then use the same kind of blue for the letter,
and so on with other colours.
We may here mention that all this kind of
painting is done on the last rubbing coat of
varnish, so that the letters receive a coat of
varnish when the finishing coat is given.
Fig. 40.—The
natural form of this
letter is graceful,
being composed of
curves bearing in
Fig. 39.—D. opposite directions,
and which blend into
each other, forming a continuous but varied
line. The ornamentation also falls into the
shape of the letter naturally. The upper and
lower ends of the letter terminate in three
stems, covered by three-lobed leafing, and
the main stem of the letter is preserved in Fig. 40.—S.
shape by appearing to grow out naturally from
its outer and inner edges.
Lay in the letter with gold, on which work out the design with
transparent colours. If colours only be employed the panel colour
may be taken as part of the colouring of the letter; for instance, if the
panel be dark brown, lake, blue, or green, mix up lighter tints of
whichever colour it may be, and considering the panel colour as the
darkest shade, lighten up from it.
Fig. 41.—This letter will please by the novelty of its ornamentation.
The body of the letter retains its natural outline almost wholly. From
the upper part of the thin stem springs a scroll, which curves
downward, reaching to the middle of the letter, and from this grows
out a second scroll, serving to ornament the lower portions.
Lay in the colour in harmony with the striping colour, deepening
the tone of the colour on the stem of the letter, as shown by the
shade lines. The leafing should be made out with light, medium, and
dark tints, blended into each other so as to avoid the scratchy
appearance which an opposite method produces.
Fig. 41.—V.