... opportunity of input in regard to governing the initiative (O’Rourke, 2006 ; Fransen, 2011). These MSIs have been affected by the movement of global governance with growing diverse and cross-border issues that go beyond a single government’s governability. Good governance of MSIs is indispensable...

... ; Dentchev and Heene, 2004 ; Kay et al., 1999). From such a holistic perspective on sustainability, the business community can provide only part of the solution to the social and environmental risks of our planet. Hence, we argue in favour of stronger global governance that can steer the solution...

... out of poverty. The World Bank's analysis is clear: International development Aid effectiveness Corporate sector Global governance Public‐private collaboration Economic development Developing countries […] if foreign aid were the answer to Africa's problems, the continent should now...

... institutions are required that provide incentives for sustainable behavior without endangering corporations' short‐term competitiveness. This is the starting point for global governance efforts. Practical implications On the basis of the analysis in the paper, new implications for business...