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
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Reader in Management, University of Kerala, Trivandrum, Kerala, INDIA
Assistant General Manager, Kerala Proteins and Chemicals Limited, Kochi, INDIA
Senior Lecturer, Department of Management Studies, Anna University, Chennai
Research Scholars in Management Studies, Sathyabama Deemed University, Chennai, India.