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A global strategy may help to communicate a worldwide CSR culture and maintain uniform standards but may also lack responsiveness at the local level.

There are different opinions concerning whether it is better for MNEs to develop global - one size fits all- corporate social responsibility (CSR) strategies, or whether they should adopt decentralized, â??localâ?? CSR strategies.

A global strategy may help to communicate a worldwide CSR culture and maintain uniform standards but may also lack responsiveness at the local level.

On the other hand, a local strategy could be fragmented and disligned with other local strategies of the same company.

Moreover, when the country has lower CSR standards than the company's home country, there is a risk that decentralization will lead subsidiaries to target those lower standards rather than the higher standards expected in their home countries (Muler, 2006)

Operation Research, Management Studies

  • Category:- Operation Research
  • Reference No.:- M928343

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