Multinationals should shoulder more citizenship responsibilities
July 30th, 2008 by Adam
In a recent survey by Ipsos about the role of corporations and philanthropy to help with the Earthquake relief:
55 percent of the respondents expected that multinationals should shoulder more citizenship responsibilities because they benefit from China’s economic successes.
“This is an important alarm signal for the reputation risk management of multinationals, and deserves careful attention,” Su notes.
Indeed, Su is right, and I am surprised it was only 55%. There is incredibly high expectations for Multinationals operating in China to ‘give back to China’ and help the country; much more so than domestic corporations.
This entry was posted on Wednesday, July 30th, 2008 at 1:33 am and is filed under Civil Society, Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
July 30th, 2008 at 2:24 am
Very important point. I have had Chinese environmental regualtors ask me what can be done to get multinationals to abide by China’s environmental laws. This is the last problem they need to be worrying about. Multinationals have much better compliance records than domestic corporations. Nevertheless, the attitude is out there, and MNCs need to act accordingly.
July 30th, 2008 at 10:15 am
Hi charlie.
Jsut read an interesting article that is a press release of a study written by a guy named Klaus Hubacek. The title of the article says it all… West Cuts Pollution By Exporting It To China
Key argument:
Key fact:
this is in fact the second study I have seen on the role of outsourcing on trade (the first was published by the New Economic Foundation a year back), and I have emailed the good professor to see if I can get a copy of the report.
R
August 20th, 2008 at 11:18 pm
A favorite quotation of mine on leadership came from Peter Drucker who said “Checking the results of a decision against its expectations shows executives what their strengths are, where they need to improve, and where they lack knowledge or information. .” Many top managers in the United States need a refresher course on accountability.