Economic Imperatives and Ethical Values in Global Business

Economic Imperatives and Ethical Values in Global Business
Author: S. Prakash Sethi
Publisher: Springer Science & Business Media
Total Pages: 458
Release: 2012-12-06
Genre: Business & Economics
ISBN: 1461544912

religious values at the office door. Apartheid was an evil, and business had great power in South Africa. Where there is power, there is also responsibil ity. I prayed about this long and hard. I pushed the companies as much as I thought I could. There were advances and there were setbacks, but finally we prevailed and the Blacks of South Africa secured their freedom. My effort in behalf of the Sullivan Principles was only one of a number of significant efforts of the anti-apartheid movement. All of those other efforts must be recognized, as well. The Sullivan Principles and the manner in which they were implemented in South Africa were in the nature of a grand experiment in the sociopolitical change and economic uplifting of the Black people of South Africa. What is even more important is that the Principles were driven by an ethical and moral imperative, and were voluntarily implemented by a group of enlight ened United States multinational corporations. No grand design or vision is ever perfect. We fall prey to human follies, limited understanding of the future, and necessary compromises to seek not what is perfect but what is possible. Thus, any such effort is subject to criticism from those who seek ideological purity and those who seek to minimize the impact of change from the status quo . .

Corporate Social Responsibility

Corporate Social Responsibility
Author: Oliver F. Williams
Publisher: Routledge
Total Pages: 138
Release: 2013-11-26
Genre: Political Science
ISBN: 1135011567

Over the last 30 years, corporate social responsibility (CSR) has become a household term, reflecting a combination of factors that we have come to associate with that most catch-all of terms "globalization," including the widespread popular concern with such social issues as the environment and international human rights. Corporate Social Responsibility examines the history of the idea of business ethics (which goes back at least to ancient Mesopotamia) before exploring the state of CSR today. This book argues that a wide-ranging understanding of the purpose of business is necessary to create value for a community of stakeholders which in turn can generate a sustainable future. The book suggests that corporations still have a long way to go, but remains optimistic. The book’s sanguine interpretation of the current state of corporate affairs and a recommended way forward, results not only from the authors analysis, but also his direct experience. This book presents the case that we are in the midst of a major paradigm shift in our understanding of the purpose of business and that this new understanding holds much promise for business being a significant force for a more just and peaceful world. This work provides a concise overview of CSR and an important examination of the present and future work of the UN Global Compact and will be of interest to students of international organizations, international business and corporate social responsibility.

Setting Global Standards

Setting Global Standards
Author: S. Prakash Sethi
Publisher: John Wiley & Sons
Total Pages: 328
Release: 2003-02-24
Genre: Business & Economics
ISBN: 9780471414551

Learn how large corporations can make real improvements in their standard business practices without jeopardizing their competitiveness in the global marketplace. S. Prakash Sethi, a preeminent business scholar and researcher on the activities of multinational corporations and global business issues, outlines a number of highly effective approaches by which corporate leaders can improve their credibility and ensure the protection of the human and civil rights of their workers across the globe. Order your copy today!

Ethical Dilemmas in Management

Ethical Dilemmas in Management
Author: Christina Garsten
Publisher: Routledge
Total Pages: 182
Release: 2008-09-24
Genre: Business & Economics
ISBN: 113407333X

This exciting new text engages with the issue of ethical dilemmas encountered in different organizations. By exploring the conditions that lead to these dilemmas and the strategies used to deal with or steer away from them, this book provides a deeper understanding of ethical processes.

Peace through Commerce

Peace through Commerce
Author: Oliver F. Williams C.S.C.
Publisher: University of Notre Dame Pess
Total Pages: 428
Release: 2008-09-15
Genre: Business & Economics
ISBN: 0268096856

Peace through Commerce: Responsible Corporate Citizenship and the Ideals of the United Nations Global Compact contains a foreword, introduction, and twenty-one chapters by major business leaders and scholars who discuss the issues set out by the UN Global Compact. The chapters address the purpose of the corporation; the influence of legal and peace studies; the experience of career NGO officials and of business leaders; how commerce can help promote peace; and how we might envision the future. Ten case studies document the efforts of individual businesses, including IBM, Chevron, Bristol-Myers-Squibb, General Electric, Nestle, and Ford, to successfully serve society’s interests as well as their own. Peace through Commerce will lay the groundwork for courses in business schools on corporate social responsibility, corporate citizenship, and global environment of business. Contributors: Mark Moody-Stuart, Oliver F. Williams, C.S.C., Marilise Smurthwaite, Timothy L. Fort , Michelle Westermann-Behaylo, Douglass Cassel, Sean O’Brien, John Paul Lederach, Willie Esterhuyse, Mary Anderson, David B. Lowry, Donal A. O’Neill, Klaus M. Leisinger, Ofelia C. Eugenio, Brigitte Hélène Scherrer, Samery Abdelnour, Babiker Badri, Oana Branzei, Susan McGrath, David Wheeler, Gerald F. Cavanagh, S.J., Mary Ann Hazen, Brad Simmons, David Berdish, John Bee, Lisa Newton, Stanley Litow, Marshall Greenhut, Bob Corcoran, Daniel Malan, Alexandra Guáqueta, Thomas Costa, Lee Tavis, and Carolyn Y. Woo.

The Difference Makers

The Difference Makers
Author: Sandra Waddock
Publisher: Routledge
Total Pages: 321
Release: 2017-09-08
Genre: Business & Economics
ISBN: 1351280147

It is not often that we have the opportunity to hear from the early pioneers of a social movement about how it grew and evolved, but that is exactly what this book sets out to do. The Difference Makers tells the stories of 23 entrepreneurs who have been instrumental in developing corporate responsibility; offers an analysis of how CSR has emerged as a key business issue, why it has evolved so quickly, and the visions of its thought leaders. The book examines 23 of the key players who have been instrumental in developing the corporate responsibility movement. They include John Ruggie and the Global Compact, Allen White and the Global Reporting Initiative, John Elkington and SustainAbility, Simon Zadek and AccountAbility, Alice Tepper Marlin and Social Accountability International, Bob Dunn and Business for Social Responsibility, and Joan Bavaria and Ceres – along with many others. The Difference Makers is a history and detailed analysis of how corporate responsibility has emerged as a key political, social, and business issue, why it has evolved so quickly, and what the visions of its thought leaders are for the future. It is essential reading for academics, business people and all those interested in the future of the corporation.

Leadership and Business Ethics

Leadership and Business Ethics
Author: Gabriel Flynn
Publisher: Springer Nature
Total Pages: 521
Release: 2022-01-24
Genre: Business & Economics
ISBN: 9402421114

This book offers new and challenging approaches to business ethics that successfully link theory and practice thereby overcoming lacunae and inadequacies in much of the literature concerning ethics and governance, a theme that recurs with remarkable frequency in the history of business ethics as an academic discipline. This work provides imaginative and innovate proposals for the indispensable coupling of virtue, integrity, and character with global business, finance, and banking. The volume seeks to overcome the marginal status of business ethics in universities, business, and enterprise by demonstrating that virtue ethics is an important step in the direction of an adequate response to the leadership issue. This new edition of a popular work points to new ways of achieving an ever more urgent coalescence of ethics and business. It proposes practical advice and viable suggestions to business people on what is right and wrong in business. The volume makes a vital contribution in the area of education that should serve the ongoing development of top leaders. In the important domain of women in leadership, the volume provides new solutions that break boundaries on the global stage. The work challenges unethical marketing of human images with important implications for citizenship and society. The volume contains creative suggestions for the use of spirituality and human development for the enhancement of business and society. The significantly extended second edition includes an exciting line up of leading academics and practitioners in the audacious hope that something may change for the better in the realms of business and banking.

Global Governance, Economy and Law

Global Governance, Economy and Law
Author: Errol Mendes
Publisher: Routledge
Total Pages: 287
Release: 2003-02-27
Genre: Business & Economics
ISBN: 1134458258

This book provides a critical examination of the most important institutions of global governance in the world today. Drawing on history, political science, law and economics, the authors examine institutions such as the United Nations, the World Trade Organization (WTO), the International Monetary Fund (IMF), the World Bank and also the global pri

Corporate Social Responsibility, Human Rights and the Law

Corporate Social Responsibility, Human Rights and the Law
Author: Stéphanie Bijlmakers
Publisher: Routledge
Total Pages: 253
Release: 2018-07-26
Genre: Business & Economics
ISBN: 1351171909

Corporate Social Responsibility, Human Rights and the Law examines the responsibilities of business enterprises for human rights from a legal perspective. It analyses the legal status of the ‘corporate responsibility to respect human rights’ as articulated by the United Nations Guiding Principles on Business and Human Rights (UNGPs). This concept currently reflects an international consensus and is promoted by the UN. The book contemplates the various founding perspectives of the UNGPs, and how the integration of notions such as ‘principled pragmatism’ and ‘polycentric governance’ within its framework provides insights into the future course of law and policy, compliance, and corporate respect for human rights. The book thus takes a global focus, examining the interaction of Corporate Social Responsibility (CSR), human rights, and the law in a broader global governance context. Setting out a possible future scenario for the legalization of the corporate responsibility to respect human rights that is informed by the UNGPs' founding perspectives and reflects current realities in the human rights landscape, this book will be of great interest to scholars of business ethics, international human rights law, and CSR more broadly.

Labor in the Age of Finance

Labor in the Age of Finance
Author: Sanford M. Jacoby
Publisher: Princeton University Press
Total Pages: 368
Release: 2021-06
Genre: Business & Economics
ISBN: 0691217203

From award-winning economic historian Sanford M. Jacoby, a fascinating and important study of the labor movement and shareholder capitalism Since the 1970s, American unions have shrunk dramatically, as has their economic clout. Labor in the Age of Finance traces the search for new sources of power, showing how unions turned financialization to their advantage. Sanford Jacoby catalogs the array of allies and finance-based tactics labor deployed to stanch membership losses in the private sector. By leveraging pension capital, unions restructured corporate governance around issues like executive pay and accountability. In Congress, they drew on their political influence to press for corporate reforms in the wake of business scandals and the financial crisis. The effort restrained imperial CEOs but could not bridge the divide between workers and owners. Wages lagged behind investor returns, feeding the inequality identified by Occupy Wall Street. And labor’s slide continued. A compelling blend of history, economics, and politics, Labor in the Age of Finance explores the paradox of capital bestowing power to labor in the tumultuous era of Enron, Lehman Brothers, and Dodd-Frank.