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Focusing on corporate social responsibility and governance, the paper examines the significant influence of transnational corporations in the context of globalization. While these concepts are generally well-received, the paper highlights their potential negative socio-economic effects, particularly in developing economies. It argues that local governments often feel compelled to accept the terms set by these powerful corporations, raising critical questions about the balance of power and ethical considerations in business practices.
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Business Ethics and Corporate Governance, Ravi Kumar
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- 2017
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