People walk and shop in a lower Manhattan shopping mall on September 13, 2023 in New York City. Photo: Spencer Platt/Getty Images/AFP/LEHTIKUVA
Countries in the Global South, encompassing regions like Africa, Asia, and Latin America, are increasingly asserting their stance on corporate social responsibility (CSR) by demanding the transfer of knowledge, resources, and technology from the developed world to their own regions. They emphasize that companies should not infringe upon state sovereignty. This evolving perspective is evident both at the international level, within forums like the United Nations, and at the national level, where these countries are shaping foreign companies' CSR initiatives to benefit their own interests.