Big Multinational Corporations (MNCs) are under pressure for balancing the responsibilities to shareholders with obligations to the wider community.

Is self-regulation by corporations sufficient to protect the interests of all stakeholders or should government play a role in this regard? What systemic changes would you propose to reform the current corporate CSR landscape in Saudi Arabia or in GCC? Can you provide any example from other regions (e.g. European Union Commission) how they are tackling this issue?