InternationAL FINANCE Case Study Example | Topics and Well Written Essays - 1250 words

InternationAL FINANCE - Case Study Example It does not focus on profits at any costs but targets how profits are made (Choi, Lee & Park, 2013). Coca Cola Company is one of the multinational enterprises that has initiated various corporate social responsibilities and have benefited from it, in various ways. Corporate social responsibility is associated with treating the stakeholders of a firm or institution in a responsible or ethical manner. It entails treating the stakeholders in a way that is acceptable to the international standards. The aim of social responsibility is to create higher living standards while at the same time preserving the corporation’s profitability or integrity of the institution for people outside and within such entities. Coca Cola Company is one of the global multinational enterprises which seek to generate profit while at the same time contributing to the sustainable development by being environmental and social responsible (Mahajan, 2010). As a global multinational corporation it has to manage the various activities of the organization aimed at generating profits while at the same time impacting positively on the society. Multinational Corporation should be in a position to heighten corporate governance efforts while at the same time turn regulatory c ompliance into opportunities that are aimed at developing values for their businesses. Coca Cola Company has continued to invest heavily in money and time in order to comply with the increased level of expectations and regulations. Corporate social responsibilities endorse an idea of business accountability to employees, society, environment, and shareholders. Leading multinational enterprises are those that develop sustainable businesses by embedding corporate responsibilities and strong governance into their cultures and strategies. Through the practice, Coca Cola Company will be able to earn