Nature of Responsibility

Dimensions of CSR

Primary beneficiaries of CSR

Multinational enterprise context issues and criticisms

Instrumental

Corporate financial and strategic objectives.

Competitive advantage.

Economic efficiency.

Course-related focus.

Shareholders

Employees

Business network

Pursuit of solely economic activities benefit all Possibility of social irresponsibility

MNE objectives may collide with host country expectations

Social -Legal-Political

Responsibility to the task environment

Responsibility to broader society

Legal compliance

Adherence to contractual and supra-contractual norms

Responsible use of Business power

Activism for justice

Corporate citizenship duties and obligations

Stakeholders

Publics

MNE MUST also benefit ( or at least cause no harm to society everywhere)

MNE political involvement should be restricted to the mutually beneficial business environment

MNE should comply with all laws, regulations, and social obligations

Ethical

Adherence to moral and ethical standards and norms

Upholding universal values and core human rights

Development and implementation of binding codes of conduct

Stakeholders

Consumers

Publics

Nations

MNEs Should uphold universal values and human rights

MNEs should conform to transnational codes of conduct

MNEs should bring about ethical and value changes whose ethics?

Environmental

Pursuit of environmental sustainability

Ecological sensitivity in business practices

Environmental conservation and preservation

Societies

Species

Nature

Posterity

MNEs should not violate local environmental laws

Host governments are responsible

Environmental responsibility is not part of CSR