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Thursday, April 4, 2013

Levi's: Corporate Social Responsibility

1.0IntroductionAs recently as a decade ago, many companies viewed furrow ethics only in terms of compliance with jural standards and adherence to internal rules and regulations. Driven by a come in of new challenges and opportunities, the field of business ethics is fast happy chance place of that compliance-based silo. Beyond legal compliance and government regulations, consumer, stockholder and stakeholder expectations also compel companies to address ethics effectively.

This paper sets out to investigate Levi?s Strauss?s Corporate Social function (CSR) through its citizenship program, management, actions and commitments to determine the task of balancing bottom marge concerns with hearty responsibility.

In addition, Levi?s duty as a conglomerate has the responsibility alike other(a) Multi-National Companies, to operate as a socially responsible entity due to the aspects of ethics and social responsibility becoming major concerns in the global economy.

2.0Findings2.

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1Globalization ? The move up of Multinational CompaniesThe economy of the past has a few canonical rules to sustain prosperity;?Effective standards of corporate governance to image that managers and the controlling shareholders to do the right thing by other investors;?A high degree of corporate transparency and decorous external auditing;?Efficient stock exchanges;?Legal frameworks that are businesslike and transparent, with judicial systems to enforce the rules credibly and without favor;?A go along distinction between regulators and the regulated;?Banking systems that are independent, transparent, and competitive; and?A well-resourced, inquisitive, and independent media.

(Backman, 1999)But the economy in the 21st century, powered by the liberalization of world trade, privatization, breakthroughs in information engineering and cut back transportation costs, the number of multinational corporations (MNC) has increased from 37,000 in 1990 to to a greater extent than 60,000 in 2006 (Perdersen and Huniche, 2006).

Globalization can stimulate economic, social, and environmental offset in developing countries through industry development, job creation, technology transfer etc (Deresky, 2002). But on the other hand, globalization makes it troublesome for governmental...

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