However, the paper will utilize the rights in the global market concept to criticize the views held by libertarian theories to analyze the benefits of MNCs considering treatment of native employees, foreign ventures, transfer of modern expertise and management techniques.
The rights in the global market concept examine the need for multinational corporations to uphold individual rights particularly in host countries.
Multinational corporations have to collaborate with these institutions in order to attain the main role of returning part of their proceeds to the society.
In fact, multinational corporations should recognize the importance of various institutions of society and understand that firms cannot operate in a void (Hsieh 170).
On the contrary, critics argue that the major aim of such organizations is to exploit the resources of host nations for economic, social and ecological expansion.
Further, multinational corporations participate in criminal activities that undermine the human dignity (Donaldson 70).
The notion coins the importance of corporations to the communities surrounding areas where such enterprises operate.
In fact, the principle behind CSR is that large corporations are responsible for individual actions.
In other words, multinational corporations have moral obligations to meet the economic, legal and ethical as well as charitable anticipations of the society (Falkenberg 32).
In the current global context where market determines the survivability of firms, multinational corporations should include the components of global CSR in operations in order to continue existing.