World Trade Organization identified Vietnam in 2007 as one of the members leading to the development of the globalization and implementation of CSR in Vietnam. The theme is well appreciated and accepted by the European Union and Vietnam Chamber of Commerce, supporting the United Nations Industrial Development Organization’s jointly for the improvement of the linkages with global supply chains in sustainable productions.  Human rights, working … Continue reading What problems in Vietnam have been identified for the development of CSR?

CSR is one of the main agendas in Taiwan’s business digest. The kind of international trade response from suppliers to big MNCs and large companies has reciprocated led to the Taiwanese government act and appreciate the value of CSR development that can help in eradicating the issues like environmental protection, labor rights, and consumer safety leading to promote transparency in corporate dealings, corruptions to combat … Continue reading What problems in Taiwan have been identified for the development of CSR?

Thailand is known for its small and medium-size enterprises has also attracted a lot of global attention due to the foreign direct investment in Thailand. CSR practice has been introduced but a major challenge has been seen in many local Thai companies that claim to host CSR, but they are not aware of the concept truly to incorporate for their daily business scales.  One of … Continue reading What problems in Thailand have been identified for the development of CSR?

In 2017, the SEBI (Securities and Exchange Board of India) panel was reformed by the Kotak Committee on Indian corporate governance. The principles of corporate governance were reviewed by the “Kotak Committee” and recommendations by the governance were made transparent. Thereby the listed companies in the governance standard were also improved. The suggestion to make changes was mostly in board diversity, board and committee independence, … Continue reading What reform was established by the “Kotak Committee”?

Sustainable business has become the new trend to preserve the future for the present generation. Summing sustainability in different standards provides an opportunity for companies and establishments to follow certain standards and rules:- ISO 9000 A set of standardized requirements is provided for quality analysis of the management system irrespective of what the organization is entitled to its work, size, or if it’s in the … Continue reading Which standards you need for sustainable business practice?

In Indonesia, the greatest impact was created by the financial crisis of 1997 to 1998 and eventually resulted in reforming the society, economy, and political scenario. Unavoidable debacle led to a skyrocketing poverty scenario at that time. The scenario became a worldwide discussion theme leading the experts to analyze the scenario as an institutional deficiency and the main factors that contributed to Indonesia’s economic recession … Continue reading What was the need of corporate governance in Indonesia?