Multinational Corporations’ Legal Responsibilities and Response Strategies in The Post-Pandemic Era
DOI:
https://doi.org/10.54097/hbem.v20i.12649Keywords:
multinational corporations, COVID-19, response strategies, social responsibility, post-pandemic era.Abstract
In the wake of the unprecedented challenges posed by the global COVID-19 pandemic, multinational corporations find themselves at a crossroads, reevaluating their roles and responsibilities in the post-pandemic era. This article provides a comprehensive exploration of how these corporate giants are not only adapting but also evolving in response to the dynamic landscape. It delves into their legal responsibilities, compliance requirements, and obligations under international and domestic laws. Furthermore, the article explores key response strategies employed by these corporations, such as enhancing social responsibility reporting and transparency, improving and sustaining supply chain management, safeguarding labor rights, ensuring employee health and safety, and fostering collaboration with various stakeholders including governments, social organizations, and customers. Through case studies and analysis, this research provides insights into best practices for multinational corporations in navigating the complexities of the post-pandemic world, emphasizing the importance of responsible and sustainable business practices. As the world continues to grapple with the consequences of the pandemic, this research serves as a valuable resource for understanding how multinational corporations are contributing to global responsibility and sustainable development in these challenging times.
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