GHRM - TN 12i IHRM Trends 2014-15

GHRM - TN 12i IHRM Trends 2014-15 - Chapter 12 IHRM trends...

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Chapter 12 IHRM trends: complexity, challenges and choices in the future
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Chapter Objectives We identify and comment on observed trends and future directions: International business ethics and HRM Mode of operation and IHRM Ownership issues relating to IHRM requirements of organizations other than the large multinational, such as: o family-owned firms o non-government organizations (NGOs) Safety and security issues
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International Business Ethics and HRM Ethical dilemma for a PCN in a host country: bribery, child labor, sweatshop (terrible working conditions), discrimination Three main responses 1. Ethical relativism: right and wrong depend on a host country’s (or particular culture’s) values and beliefs (e.g. One should do as the Romans do in Rome) 2. Ethical absolutism: one should do what do at home country, regardless of what the Romans do. It gives priority to one’s own (home country) cultural values regarding right and wrong. External factors
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3. Ethical universalism:  There are fundamental principles of right and wrong (e.g. don’t lie, bribe, or harm) which transcend cultural boundaries (globally), and that MNEs must adhere to these fundamental principles or global values There are agreements that exist among nations. (e.g. the UN declaration Of Human Rights, the OECD’s the Guidelines for MNEs)  However, translating ethical principles and values into practice in the international business domain is an enormous task in the absence of a supranational legislative authority.
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New global developments on the criminalization of bribery to government officials (Bribery v. Facilitating Payment) Bribery undermines equity, efficiency and integrity in the public service; undercuts public confidence in markets and aid programs; adds to the cost of products; and may affect the safety and economic well-being of the general public.
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Foreign Corrupt Practices Act (FCPA) in 1977: It prohibits US-based firms and US nations from making bribery payments to foreign government officials. FCPA was amended in 1988 to permit facilitating payments but mandates record- keeping provisions to help ensure that illegal payment are not disguised as entertainment or business expenses. Bribery v. Facilitating Payment
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Ethical issues in the international business are more complex because of the different social, economic, political, cultural and legal environments.
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  • Spring '14
  • Ethics , GHRM, international business ethics

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