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Global business requires well-ordered social and political institutions in host countries. This has been attributed to the assistance they are likely to need and the lack of political background. This can be solved by identifying the society to establish whether justifying their social responsibility is illegitimate (Hsieh, 2009).
This article has effectively described the pros and cons associated with the practice of corporate social responsibility for foreign institutions. It has given the readers the options and let them give their opinion for or against this practice. The reader can comprehend the reasons as to why this corporate involvement is recommended. The risks and benefits are also given (Hsieh, 2009).
The degree to which an organization can be termed as politically interfering is not defined. It lacks the recommendations; therefore, the issue still remains a mystery.
Corporate social responsibility is ethical for foreign investors and should be justified. From this article, establishing a political, social, and legal framework would be helpful in solving this debate.
Hsieh, N. (2009). Does global Business have a responsibility to [promote Just institutions? Business Ethics Quarterly, 19 (2): 251-273.