How do Multinational Companies Assume New Social Responsibilities under the COVID-19?

DOI

10.2991/978-94-6463-036-7_74How to use a DOI?

Keywords

Normalization; Social responsibility; COVID-19 pandemic

Abstract

This research study mainly focuses on the impact of Covid-19 on multinational companies and the development of new social responsibilities. They mainly analyze the pre and post responsibilities of multinational companies in terms of normalizing the organizational situation in a pandemic. The research method utilized in the assessment is legal norm analysis which helps in identifying the gap in the corporate social responsibilities. The background problem is based on the research about the corporate social responsibilities before the pandemic in China and other multinational organizations which have been considered an integral part of organizational success. However, after the pandemic, these social responsibilities become more essential. In this research paper, the previous strategic approach and new development in corporate social responsibilities have been analyzed in order to overcome the negative consequences of a pandemic on society. The new development of law enforcement in regard to new organizational structure and working environment has been discussed to improve social responsibilities. The correlation between the performance of the MNEs and pandemic outbreaks has been identified. Therefore, this study significantly proposes the need for legal policies and legislation to rebuild corporate social responsibilities after the covid-19 outbreak.

Copyright

© 2022 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Hanqi Bian
PY  - 2022
DA  - 2022/12/31
TI  - How do Multinational Companies Assume New Social Responsibilities under the COVID-19?
BT  - Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022)
PB  - Atlantis Press
SP  - 501
EP  - 507
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-036-7_74
DO  - 10.2991/978-94-6463-036-7_74
ID  - Bian2022
ER  -