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 . .

The Ethical Imperative

The Ethical Imperative
Author: John Dalla Costa
Publisher: HarperCollins Publishers
Total Pages: 376
Release: 1998
Genre: Business & Economics
ISBN: 9780002557603

As managers and consumers, many people are concerned about such issues as sweatshops, global warming and discrimination in the workplace, and are struggling to integrate their beliefs into their jobs, companies and purchases. The Ethical Imperative links these personal values to business performance.

The Ethics of Business in a Global Economy

The Ethics of Business in a Global Economy
Author: P.M. Minus
Publisher: Springer Science & Business Media
Total Pages: 149
Release: 2013-03-14
Genre: Philosophy
ISBN: 9401581657

Paul M. Minus Overview The papers gathered in this volume were first presented for reflection and discussion at a landmark event in March 1992. The International Conference on the Ethics of Business in a Global Economy, held in Columbus, Ohio, brought together over 300 participants from twenty-two nations in six continents. This was the most geographically diverse body of leaders ever assembled to consider issues of ethics in business. Approximately two-thirds of them were business executives; the others came mainly from the fields of education and religion. Knowing the context from which this book emerged will help readers understand its composition and content. As can be quickly seen, the fourteen authors who have contributed to it come from different areas of the world and from different fields of endeavor. One finds, first, essays on the book's central theme by business leaders from four nations. Next there are analyses of three key topics by scholars active in the fields of economics and ethics. Then come statements by practitioners of four major world religions on the relevance of their respective traditions to the ethics of business. Finally there are six brief case studies prepared by two business ethicists about specific ethical issues arising in international business. The authors address different facets of one of the most dramatic new facts of our time: the globalization of business. With many corporations now operating around the world and others planning a significant expansion of markets, this development is destined to accelerate in coming decades.

Business Ethics and Values

Business Ethics and Values
Author: Colin M. Fisher
Publisher: Pearson Education
Total Pages: 644
Release: 2009
Genre: Business & Economics
ISBN: 9780273716167

Blending academic theory with real-world cases, the third edition of this book provides a self-contained course in business ethics. The book is suitable for undergraduate and postgraduate students with or without practical experience in the business world.

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.

Globalisation and Business Ethics

Globalisation and Business Ethics
Author: Karl Homann
Publisher: Routledge
Total Pages: 257
Release: 2016-04-22
Genre: Political Science
ISBN: 1317127218

Globalization has become a common phenomenon, yet one that many people experience as a threat not only to their economic existence, but also to their cultural and moral self-image. This volume takes an interdisciplinary approach to provide a theoretical overview of how business ethics deals with the phenomenon of globalization. The authors first examine the origins and development of globalization and its interaction with business ethics, before discussing the impact on and role of national and multinational corporations. The book goes on to examine the relationship between industrialized and developing countries, and explores the place of ethics in globalized markets.

Ethics, Morality and Business: The Development of Modern Economic Systems, Volume II

Ethics, Morality and Business: The Development of Modern Economic Systems, Volume II
Author: Dipak Basu
Publisher: Springer Nature
Total Pages: 205
Release: 2021-04-17
Genre: Business & Economics
ISBN: 3030680673

This book, the second of two volumes, is inspired by the famous philosopher of India, Kautilya, author of the first book on economics in the world, Arthashashtra. It analyzes the influence of ethical values from ancient societies on modern systems of management and economics. While this book deals with the “global sages” like Aristotle, Buddha, Jesus, the scope is also expanded to incorporate other notable modern thinkers like Karl Marx, Adam Smith, and Rabindranath Tagore. This book aims to highlight the interrelationships between ethics and management, both from a micro and macroeconomics, as well as organizational and national, perspective. It will be useful for those interested in history, economics, development studies, international relations, and global politics.

Ethical business in the global economy

Ethical business in the global economy
Author: Abraham Allotey
Publisher: GRIN Verlag
Total Pages: 13
Release: 2008-06-18
Genre: Business & Economics
ISBN: 3638065227

Essay from the year 2002 in the subject Business economics - General, grade: 70, University of East London (East London Business School - University of East London, London), course: Postgraduate Programmes - MBA International Management, language: English, abstract: There is so much talk about ethical versus unthical business practices in business environments in recent years than it has always been before the year 2002. A few of the reasons for these emphasis are: Globalization, fair-play and security. Ethics is not always defined the same in all cultures. For instance, a business practice that can easily be refered to and accepted as unthical in one particular culture, would not necessarily be accepted as unethical in another culture. Therefore, at what point in time can we collectively agree, that a particular business practice is unethical, and would it be possible to deploy uniformed (same) tools to combat unethical business practices accross cultures? This report discusses some implications and bottlenecks of ethical practices and concludes with some practical recommendations.

A Strategic and Tactical Approach to Global Business Ethics

A Strategic and Tactical Approach to Global Business Ethics
Author: Lawrence A. Beer
Publisher: Business Expert Press
Total Pages: 266
Release: 2010-04-18
Genre: Business & Economics
ISBN: 1606491466

Ethics is a compendium of moral interpretations steeped in a multitude of religious and philosophical applications. It is subject to various cultural intrusions as well as independent personal interpretation. The study of international business and all related managerial disciplines usually includes ethical content. The majority of global management textbooks offer a chapter on ethics, and its often misaligned cousin, social responsibility. They tend to cover the subject matter by stating the problem and then reciting laws enacted to combat social injustice as well as including philosophical theories intended to provide generic direction. This iceberg approach, a topical view of the issues, leaves the average MBA student along with executive cadre longing for more specific guidelines.