Abstract

The paper explores partnerships among the multinational corporations (MNCs), local municipalities and host communities in a bid to establish what informs corporate social responsibility (CSR). MNCs are essential in improving the wellbeing and living standards of host communities. The philanthropic activities have to be ethical, legitimate and guided by the spirit of giving back, informed by the philosophy of ubuntu (humanity). The qualitative approach was adopted to gather in-depth understanding of the existence and nature of partnership among MNCs, local municipalities and host communities. The participants were purposefully selected based on their expert knowledge and engagement in community development initiatives. The findings indicate that CSR operations are characterised by an absence of formal partnership between MNCs and host communities. A pragmatic policy framework needs to be developed to guide the philanthropic activities aimed at enhancing the socio-economic development of host communities.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.