” (p. 4) This is to make the argument that it should be seen as a practical reality of this new business atmosphere that responsibility to the social realities and standards of an operational setting will be directly predictive of long-term survival, stability, functionality and survival.
That stated, it should also be seen as incumbent upon the global alliances created by the process of free trade to impose standards of corporate social responsibility vis a vis labor standards, wage equality and environmental protections. By taking this step, the world community can help to ease the financial burden placed upon those companies which aspire to engage in the global economy without eschewing positive corporate values.
Kahler, M & Lake, DA 2001, Globalization and governance, IGCC. Read online Aug. 9, 2010 < http://igcc.ucsd.edu/research/intl_political_economy/gandg.html>.
Lockwood, NR 2004, Corporate Social Responsibility, Society for Human
Smith, H 2004, Who calls the shots in the global economy?, PBS.org.
University of Miami 2008, Corporate Social Responsibility (CSR), University of Miami Ethics Programs..