MULTINATIONAL CORPORATIONS AND INTERNATIONAL AFFAIRS

Table of contents

Introduction and backgroundShunsukeTakayasu

Existing ProblemsEllen Zhang

Broader view in tackling problemsHitomi Minami

What can we do?Arnel Pallo

What is a multinational corporation?

A corporation or enterprise that manages production or delivers services in more than one country.

MNCs

Food and drinks

clothes and other daily commodities

computer

communication homeapplications

car

others

How much is the MNCs effect on world trade??

What is CSR?

Corporate Social Responsibility (CSR)

Expectations to the company differ from country to country

Existing problemsEnvironment

e.g. Bhopal Gas Tragedy

Existing problemsLabor issues

e.g. Soccer ball factory in Pakistan

Why it happened?

Companies

Pursuit of profit

Lack of skills

Government

Lack of regulation

Economical concerns

Broader view in tackling problems Global standards

Labor issues

Environmental problems

Cooperation between MNC’s and governments

e.g. environmental business

A challenging task

Kyoto Protocol and USA

Cultural differences

Differences in economic development

Technological differences

Companies have to make profit

What can we do?

Cultural understanding

Suggest policies

Government regulation

Dev. Aid requirements

Cooperation with NGO’s

NGO’s can help enforce CSR

Gather information about companies

Suggest global standards

What can the companies do?

Cultural understanding

Get to know them

Recognize problems that can be fixed

Applying CSR

CSR as a marketing technique

CSR as an investment

CSR as an insurance policy

Conclusion

Good bye