Addressing Weaknesses of Existing Corporate Social Responsibility Approaches

Addressing Weaknesses of Existing Corporate Social Responsibility Approaches

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Globalization trends and the growth of transnational corporations in the past few decades raise important issues for global governance, given that regulations within domestic borders concerning environmental concerns, labor issues and human rights no longer suffice in a modern context of complex global supply chains. This post outlines the challenges apparent in existing corporate social responsibility (CSR) approaches and possible ways to address them.