Responsible business conduct in commodity trading – A multidisciplinary review

Dorfmüller, Henrietta; Kimotho, Wangui Rose; Ebert, Isabel; Dey, Pascal; Wettstein, Florian (2024). Responsible business conduct in commodity trading – A multidisciplinary review Journal of Business Ethics, 193, pp. 1-25. Springer 10.1007/s10551-024-05635-w

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Responsible business conduct (RBC)—the corporate activities and initiatives that proactively address corporate involvement in human rights, environmental, and governance threats—has become an increasingly used means to counteract and prevent adverse effects of global businesses. Unlike other business sectors whose adverse impacts and RBC efforts (or lack thereof) are well documented, a comprehensive understanding of the state of commodity trading (CT), has been missing. In response, this paper uses a multidisciplinary literature review to provide an integrative understanding of the current state of research on the relationship between CT and RBC. Based on a review of 131 articles, we advance a granular understanding of the current and prospective role of commodity traders in RBC by grouping extant research into three overarching themes: (1) industry self-regulation and co-regulatory initiatives, (2) government-led regulatory initiatives and policy responses, and (3) company-level management strategies impacting RBC practices. In addition to illustrating the themes through existing research and identifying gaps along the overarching themes, we use our literature review to suggest avenues for future research. The paper’s overarching contribution is, first, to synthesize previously fragmented findings into a coherent framework of CT and RBC. And second, to offer guidance on how scholarship in this important domain can be developed into a more mature, legitimate and practical stream of research.

Item Type:

Journal Article (Original Article)

Division/Institute:

Business School > Institute for Innovation and Strategic Entrepreneurship
Business School > Institute for Innovation and Strategic Entrepreneurship > Low-end Innovation
Business School

Name:

Dorfmüller, Henrietta;
Kimotho, Wangui Rose;
Ebert, Isabel;
Dey, Pascal0000-0003-2792-0061 and
Wettstein, Florian

Subjects:

H Social Sciences > H Social Sciences (General)

ISSN:

0167-4544

Publisher:

Springer

Language:

English

Submitter:

Pascal Dey

Date Deposited:

20 Aug 2024 14:48

Last Modified:

20 Aug 2024 14:48

Publisher DOI:

10.1007/s10551-024-05635-w

Related URLs:

Uncontrolled Keywords:

Commodity trading Responsible business conduct Global value chains Human rights Environment Sustainability Literature review Multidisciplinarity

ARBOR DOI:

10.24451/arbor.22164

URI:

https://arbor.bfh.ch/id/eprint/22164

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