caa a22 4500 605483884 CHVBK 20210128100433.0 cr unu---uuuuu 210128e20151001xx s 000 0 eng 10.1007/s10551-014-2285-6 doi (NATIONALLICENCE)springer-10.1007/s10551-014-2285-6 Goby Valerie College of Business, Zayed University, P. O. Box 19282, Dubai, United Arab Emirates aut Financialization and Outsourcing in a Different Guise: The Ethical Chaos of Workforce Localization in the United Arab Emirates [Elektronische Daten] [Valerie Goby] This paper addresses the tension between the government policy to increase the number of citizens working in the private sector in the United Arab Emirates and the organizational preference for employing expatriate workers. Currently a dominant construal of the limited success of the policy is that the local workforce, traditionally employed largely in government positions, is unwilling to commit to the perceived greater rigor of the private sector. The author reconceptualizes the issue as one deriving from a principle of corporate financialization in which companies claim the right to optimize their labor costs as much as possible. This paper briefly discusses corporate financialization, overviews the workforce localization program in the United Arab Emirates, termed Emiratization, highlights the reasons cited for its limited success, and argues that this is due to corporate strategy of selecting their workforce according to financial and rights-related criteria. The issue is an ethical one in that a local population, the natural labor force, is marginalized in a national context of immigration laws permitting the large scale importation of cheaper and more compliant foreign labor. The Author(s), 2014 Corporate financialization nationallicence Stereotypes nationallicence United Arab Emirates nationallicence Workforce localization nationallicence Journal of Business Ethics Springer Netherlands 131/2(2015-10-01), 415-421 0167-4544 131:2<415 2015 131 10551 https://doi.org/10.1007/s10551-014-2285-6 text/html Onlinezugriff via DOI BK010053 XK010053 XK010000 Metadata rights reserved Springer special CC-BY-NC licence nationallicence 1 research-article jats NATIONALLICENCE NATIONALLICENCE NL-springer NATIONALLICENCE 856 40 https://doi.org/10.1007/s10551-014-2285-6 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Goby Valerie College of Business, Zayed University, P. O. Box 19282, Dubai, United Arab Emirates aut NATIONALLICENCE 773 0- Journal of Business Ethics Springer Netherlands 131/2(2015-10-01), 415-421 0167-4544 131:2<415 2015 131 10551