IntMgt Ch 4 posting - Chapter 4 Ethics in International...

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Click to edit Master subtitle style Chapter 4 Ethics in International Business 11
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Introduction Ethics refers to accepted principles of right or wrong that govern Conduct of a person – profession – organization Business ethics are the accepted principles of right or wrong Ethical strategy is a course of action, that does not 22
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Ethical Issues In International Business The most common ethical issues in business involve: Employment practices Human rights Environmental regulations Corruption The moral obligation of multinational companies 33
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Video Hanes Brands 44
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Employment Practices If work conditions in a host nation are clearly inferior to those in a multinational’s home nation, should companies apply: Home country standards Host country standards Something in between 55
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Human Rights In developed countries, basic human rights such as: Freedom of association Freedom of speech Freedom of assembly Freedom of movement … are taken for granted In other countries, these rights may not exist 66
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Environmental Pollution Ethical issues arise when environmental regulations in host nations are far inferior to those in the home nation Environmental questions take on added importance because some parts of the environment are a public good that no one owns, but anyone can spoil 77
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Video The UN & Green Accounting (World Bank) 88
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This note was uploaded on 09/19/2011 for the course MANAGEMENT 4321 taught by Professor Manning during the Fall '11 term at UT Arlington.

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IntMgt Ch 4 posting - Chapter 4 Ethics in International...

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