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CSR Lessons from Vedan Deeds
CSR Lessons from Vedan Deeds
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Corporate social responsibility (CSR) policy functions as a built-in, self-regulating
mechanism whereby business monitors and ensures its active compliance with the spirit of
the law, ethical standards, and international norms. The concept of CSR has yet seemed to
reach the businesses in emerging markets. Many firms are still exploiting these cheap labor
markets with sweatshops, shady businesses and unethical conducts, with the most prominent
example be Vedan Vietnam’s pollution of Thi Vai River, destroying the trust of local
governments and people.
mechanism whereby business monitors and ensures its active compliance with the spirit of
the law, ethical standards, and international norms. The concept of CSR has yet seemed to
reach the businesses in emerging markets. Many firms are still exploiting these cheap labor
markets with sweatshops, shady businesses and unethical conducts, with the most prominent
example be Vedan Vietnam’s pollution of Thi Vai River, destroying the trust of local
governments and people.
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