The debate on the concept of inclusiveness in business had begun during 1990s simultaneously with the sociopolitical steering of thoughts on privatization, deregulation, and liberalization of business, which significantly affected the investment and trade regimes in the developing economies. This concept has been later adopted by the World Business Council for Sustainable Development in 2005. Inclusiveness has evolved as a business model by converging business with philanthropy and integrating the two domains to improve regional trade and economic conditions in developing countries.1 Inclusive business practice has become central to the people’s engagement in businesses and democratizes the organizational design and governance at the ...
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