Sunday, January 5, 2020

Corporate Social Responsibility in Foreign Countries Essay

When it comes to companies operating in multiple countries with varying standards, companies should realize that they have to practice some level of corporate social responsibility if they don’t want to be publicly scorned or looked down upon in their home country. Over the past several years, companies have been experiencing pressure through their stakeholders and their consumers to show how they are committed to prevent human rights violations and environmental pollution. According to an article written by Dr. Tulder, â€Å"a strict approach, such as firing child workers or terminating relationships with companies that employ them, does not necessarily change underlying causes† (Tulder 260). In his research, it has been found that when a†¦show more content†¦It is very common for multi-national companies to be faced with vastly different viewpoints about acceptable working conditions, child labor, and various other standards between the various countries that they operate in and the country in which they originate from. In most cases, in a company’s home country, companies face a vastly differently set of expectations about their role in society than what is deemed acceptable in the various countries in which they operate in. This can lead to many different dilemmas such as; â€Å"consumers in their home country urging a complete ban on child labor and more strict compliance measures, while the company’s plants are located in countries where the government’s support and infrastructure is lacking and where child labor is still as common as it was in many western countries a century ago† (Thelder 263). When it comes to dealing with issues such as child labor, multi-national companies should consider multiple variables when trying to decide if it is acceptable or not. Companies should take into account â€Å"the type of work, the cultural perceptions about when a child officially becomes an adult, a countryâ₠¬â„¢s stage of development, and the existence of alternatives for non-working children† (Thelder 265). When operating in different countries with different viewpoints, companies should accept the country-specific minimum age requirements asShow MoreRelatedSocial Responsibility And Its Effect On International Business Essay1378 Words   |  6 PagesThis report presents how the rising number of inequalities within and between countries has effects on international business. 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