Multinational Corporations Summary Presentation

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MULTINATIONAL CORPORATIONS AND INTERNATIONAL AFFAIRS

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Multinational Corporations on ISC55 2009

Transcript of Multinational Corporations Summary Presentation

Page 1: Multinational Corporations Summary Presentation

MULTINATIONAL CORPORATIONS AND INTERNATIONAL AFFAIRS

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Table of contents

Introduction and backgroundShunsukeTakayasu

Existing ProblemsEllen Zhang

Broader view in tackling problemsHitomi Minami

What can we do?Arnel Pallo

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What is a multinational corporation?

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

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MNCs

Food and drinks

clothes and other daily commodities

computer

communication homeapplications

car

others

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How much is the MNCs effect on world trade??

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What is CSR?

Corporate Social Responsibility (CSR)

Expectations to the company differ from country to country

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Existing problemsEnvironment

e.g. Bhopal Gas Tragedy

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Existing problemsLabor issues

e.g. Soccer ball factory in Pakistan

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Why it happened?

Companies

Pursuit of profit

Lack of skills

Government

Lack of regulation

Economical concerns

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Broader view in tackling problems Global standards

Labor issues

Environmental problems

Cooperation between MNC’s and governments

e.g. environmental business

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A challenging task

Kyoto Protocol and USA

Cultural differences

Differences in economic development

Technological differences

Companies have to make profit

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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

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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

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Conclusion

Good bye