Corporate Social Responsibility: A Developmental Perspective
Article from: OGEL 4 (2004), in Environmental, Social and Governance (ESG)
Abstract
This paper considers the changing relationship between trans-national corporations (TNCs) and developing countries (DCs). Unlike in the 1970s, when DCs were demanding a new international economic order and wanted international regulation of TNC activities, on the face of it, most of them now have a highly positive attitude towards foreign direct investment (FDI). Nevertheless, there are important contradictions between TNC interests and those of developing countries. The former, supported by the advanced country governments, would like an international agreement, preferably under the WTO, ...