Ethical Responsibility of Multinational Companies: What Went Wrong With Maggi Brand of Nestle India?

  • Soni P.K. Assistant Professor, Department of Commerce, Swami Vivekananda Night College of Arts and Commerce, Dombivli (East), Maharashtra, India.
  • C.K. Harnawale Head, Department of Commerce, Vice Principal, Peoples College, Nanded, Maharashtra, India.
Keywords: Corporate Social Responsibility, Multinational Companies, Ethical Responsibility, Nestle India.

Abstract

Ethical responsibility is depicted as one of the four layers of CSR pyramid which deals with the standards, norms or expectations of all stakeholders’ moral rights (Carroll, 1991). It is expected that all multinational companies (MNCs) should equally focus on all responsibilities of CSR. However, it has been observed that the MNCs focus preferably on economic, legal and philanthropic activities by neglecting ethical responsibilities which are equally important. This negligence sometimes results in tragedic effects on the society. The Coca Cola, Cadbury, Enron, Bhopal gas tragedy are few of the examples of negligence of MNCs with regards to ethical responsibilities. This paper deals with the recent issue of Nestle Maggi in India with reference to ethical responsibilities and associated implications.

Published
2015-09-01
How to Cite
P.K., S., & Harnawale, C. (2015). Ethical Responsibility of Multinational Companies: What Went Wrong With Maggi Brand of Nestle India?. Indian Journal of Commerce and Management Studies, 73-76. Retrieved from http://scholarshub.net/index.php/ijcms/article/view/367
Section
Articles