It is imperative for companies, both local and foreign, to take a cue from their battered counterparts at Foxconn and Honda, and take the necessary action to improve the salary and working conditions of their employees in China
Defining social responsibility in terms of the role that businesses play in working to solve headline-grabbing problems, such as climate change, is too narrow an understanding of what CSR is.
[Reprinted with permission from The China Europe International Business School.]