CORPORATE SOCIAL RESPONSIBILITY – ETHICAL CONUNDRUMS WITH RESPECT TO MNCs IN INDIA

K.S.C. Nair; E. Kesavan; R. Magesh; R. Jubi

Authors

K.S.C. Nair Reader in Management, University of Kerala, Trivandrum, Kerala, INDIA
E. Kesavan Assistant General Manager, Kerala Proteins and Chemicals Limited, Kochi, INDIA
R. Magesh Senior Lecturer, Department of Management Studies, Anna University, Chennai
R. Jubi Research Scholars in Management Studies, Sathyabama Deemed University, Chennai, India.

Abstract

India has been increasing its population tally that only attracts a host of Multinationals to enter the country to tap the market. With their enthusiasm and market conditions, they get carried away and sometimes the regulations are flouted. The reason why they do so is the absence of clear regulations and hence they face problems when the government agencies find fault with their products. In this juncture, the question that comes straight into the minds is the integrity and commitment of these MNC’s who even without the regulations are to have self-regulations. Considering that many of them are above the nations, it is imperative that they follow self regulations. This leads us to issues of ethical dimensions that are clearly explained in this paper. The need for closer scrutiny and growth with the society is mandatory and they can take cues from the Indian companies in IT sector that are involved in the CSR.

Keywords: Corporate Social Responsibility, Multinational Corporations, Indian IT Companies

For full Paper: fmscresearch@sjp.ac.lk

Author Biographies

K.S.C. Nair, Reader in Management, University of Kerala, Trivandrum, Kerala, INDIA

Reader in Management, University of Kerala, Trivandrum, Kerala, INDIA

E. Kesavan, Assistant General Manager, Kerala Proteins and Chemicals Limited, Kochi, INDIA

Assistant General Manager, Kerala Proteins and Chemicals Limited, Kochi, INDIA

R. Magesh, Senior Lecturer, Department of Management Studies, Anna University, Chennai

Senior Lecturer, Department of Management Studies, Anna University, Chennai

R. Jubi, Research Scholars in Management Studies, Sathyabama Deemed University, Chennai, India.

Research Scholars in Management Studies, Sathyabama Deemed University, Chennai, India.