Multinational Corporations In Political Environments: Ethics, Values And Strategies

Multinational Corporations In Political Environments: Ethics, Values And Strategies
Author: Usha C V Haley
Publisher: World Scientific
Total Pages: 293
Release: 2001-11-12
Genre: Business & Economics
ISBN: 9814492345

Multinational Corporations in Political Environments advances and tests a theory of why foreign corporations leave host states. Theories of international business have often ignored the complexity of corporate decisions about leaving foreign countries, generally assuming that the economic and competitive reasons that prompt multinational corporations to enter host states also explain their subsequent reasons for leaving. Alternatively, this book proposes a theory of how different stakeholders' values and ethics shape multinationals' strategic leaving behaviors. Tested in South Africa when US multinationals were facing diverse pressures from stockholders, governments and consumers to leave, the research provides a prism to isolate how different stakeholders' actions influenced multinationals' behaviors. Detailed analyses of subsidiary-level archival data over a period of four crucial years revealed that the multinationals engaged in diverse forms of leaving reflecting their involvements, strategies and stakeholders' influences. The research, the first to test which stakeholders' strategies, including boycotts and sanctions, influenced multinationals and which did not, and to identify their effects on multinationals' behaviors, has enormous implications for policy makers, managers and social activists. The book also applies the findings and explores implications for recent stakeholders' attempts at influencing multinationals and governments, such as Nike in Asia and the Burmese government, through sanctions, resolutions and boycotts.

Principles and Strategies to Balance Ethical, Social and Environmental Concerns with Corporate Requirements

Principles and Strategies to Balance Ethical, Social and Environmental Concerns with Corporate Requirements
Author: Maria Alejandra Gonzalez-Perez
Publisher: Emerald Group Publishing
Total Pages: 266
Release: 2013-05-02
Genre: Business & Economics
ISBN: 1781906270

This is the second in a two volume study of Corporate Social Responsibility (CSR) and corporate behaviour from around the world, taking in viewpoints from five continents and over ten countries. These case studies represent one of the most comprehensive collections on contemporary business practices in the significant area of Corporate Social Respo

Non-market Strategies in International Business

Non-market Strategies in International Business
Author: Vikrant Shirodkar
Publisher: Springer Nature
Total Pages: 260
Release: 2019-12-21
Genre: Business & Economics
ISBN: 3030350746

The Academy of International Business (UK and Ireland Chapter) Published in association with the UK and Ireland Chapter of the Academy of International Business. This book provides theoretical and empirical insights into non-market political and social strategies that firms use when conducting international business. Political strategies include activities such as lobbying, campaign contributions, and using political ties and connections as a means of influencing policy making. Likewise, firms also engage in various social responsibility activities to maintain a good image in society and to improve their legitimacy and reputation when operating globally. Multinational enterprises (MNEs) face various challenges in implementing non-market strategies due to institutional differences between their home and host contexts. Presenting fresh perspectives from a cast of international contributors, this book offers academics, students, and practitioners a greater understanding of how non-market strategies can be effective in international business.

Ethics for International Business

Ethics for International Business
Author: John Kline
Publisher: Routledge
Total Pages: 705
Release: 2010-07-27
Genre: Business & Economics
ISBN: 1135837910

Business takes place in an increasingly global environment, crossing political and cultural boundaries that challenge corporate values. The central focus of this successful and innovative text lies in how to make and explain 'best choice' judgments when confronting ethical dilemmas in international business situations. The newly-updated version of this groundbreaking textbook continues to provide a topical and relevant analysis of the ethical dimensions of conducting business in a global political economy. From a starting point of applied ethics, the book introduces a common set of normative terms and analytical tools for examining and discussing real case scenarios. Extensive real-world examples, presented in the form of exhibits, cover issues including: foreign production, including sweatshops export of hazardous products testing and pricing of HIV-AIDS drugs advertising tobacco, alcoholic beverages and infant formula deceptive marketing techniques and bribery religious and social discrimination cultural impacts from 'music, movies and malls' environmental issues, including oil spills, rain forest preservation, global warming and genetically modified foods fair trade certification and consumer boycotts oil investments in the Sudan, Burma and Nigeria. To keep pace with the changing landscape of global business, this new edition features: updated exhibits that introduce new issues, including internet censorship and privacy, marketing and obesity, dumping electronic waste in Ghana, the costs of bottled water, and Wal-Mart’s supplier code in China increased coverage of issues arising in emerging markets updated descriptions and assessments of relevant international agreements seventeen new photographs that were chosen to accompany cases designed for classroom discussion "framing questions" to guide discussion of issues in topical chapters three additional figures that help depict the ethical analysis process. The continued globalization of business increases the relevance of this textbook and its unique focus on specifically international ethical challenges faced by business, where governments and civil society groups play an active role. While most business ethics texts continue to focus heavily on ethical theory, this textbook condenses ethical theory into applied decision-making concepts, emphasizing practical applications to real world dilemmas. Anyone with an interest in the ethical implications of international business, or the business implications of corporate responsibility in the global market, will find this book a thought-provoking yet balanced analysis. Clearly written, this has become the textbook of choice in this increasingly important field.

Global Business Citizenship: A Transformative Framework for Ethics and Sustainable Capitalism

Global Business Citizenship: A Transformative Framework for Ethics and Sustainable Capitalism
Author: Donna J. Wood
Publisher: Routledge
Total Pages: 269
Release: 2015-01-28
Genre: Business & Economics
ISBN: 1317469798

This practical and engaging book provides a coherent approach to global business responsibility and ethics based on the latest research, theory, and practice. The authors incorporate numerous interesting and current real world examples to support the argument that corporations need to - and can - identify and implement processes that foster ethical conduct, ensure basic human rights, protect the natural environment, and enhance social justice wherever businesses operate around the globe. "Global Business Citizenship" combines elements of political theory, stakeholder relationships, business ethics, corporate social performance, accountability and measurement, and organizational change. Its practical approach encompasses "best practices" in stakeholder management, experiments in applying corporate values to local conditions, and social environmental auditing and reporting. Focusing on the strategic alignment and change management process for implementing business citizenship principles and practices, it is an essential supplement for any course concerned with ethics and social responsibility in today's global business climate.

Business and Society

Business and Society
Author: William Crittenden Frederick
Publisher: McGraw-Hill Companies
Total Pages: 664
Release: 1992
Genre: Business & Economics
ISBN:

Values-based Multinational Management

Values-based Multinational Management
Author: Lee A. Tavis
Publisher:
Total Pages: 376
Release: 2009
Genre: Business & Economics
ISBN:

In this timely book, Lee Tavis and Timothy Tavis contend that the values dimension of the actions of multinational firms is becoming increasingly important, given the worldwide integration of economies and peoples. The digital revolution has broadened the reach of globalization and created an informed society that demands higher standards of behavior from the business enterprise; at the same time, multinational corporations have gained power often comparable to that of the nation state, and global society is in need of widely accepted, enduring social and ethical standards. Tavis and Tavis argue that multinational firms must embrace an ethically pro-active stance in their own long-term interests. A strategy of supporting universal human rights, often in partnership with NGOs, offers the greatest potential for success. Values-Based Multinational Management provides an agenda for practical action, with special reference to the United Nations Universal Declaration of Human Rights and the United Nations Global Compact. It informs and addresses the values concerns of multinational business managers. It presents its examples and analyses in a clear and concise manner and will be of use both to practitioners in the business community and students and scholars of business ethics. "Values-Based Multinational Management employs a novel approach and a variety of perspectives that make it a very valuable addition to business ethics literature. This is excellent, helpful material that discusses an important way in which human rights may fit with globalization." --Timothy L. Fort, George Washington University "More and more business executives understand that society increasingly judges corporate performance through a broad social lens that includes ideas of corporate social responsibility and business ethics. They are now ready to position their firms to meet these requirements. This volume is a thoughtful discussion of the ways in which the United Nations Global Compact can serve this purpose through a long-term human rights strategy and, importantly, how that strategy can be implemented within the firm." --Georg Kell, UN Global Compact "This book underlines the fact that--despite the importance of institutional and social ethics--the individual ethics, if not virtue ethics, of corporate leaders remain central. Of highest importance is the authors' emphasis that no individuals--in whatever professional or personal role--can escape the fact that they are responsible for the outcome of their actions. It is to be hoped that this book revitalizes a facet of the debate on business ethics and corporate responsibility that has been neglected for too long." --Klaus M. Leisinger, Novartis Foundation for Sustainable Development

Competitive Global Management - Principles and Strategies

Competitive Global Management - Principles and Strategies
Author: Abbass Alkhafaji
Publisher: CRC Press
Total Pages: 436
Release: 1994-11-01
Genre: Business & Economics
ISBN: 9781884015366

Each chapter in Competitive Global Management: Principles and Strategies lists important objectives to be learned. The latest management research explains strategies of multinational corporations. A real-life case study helps the reader comprehend the importance of the issues discussed. The book features a current literature review, drawn from recent studies and research in the major international publications, further exemplifying major points.

International Business Under Adversity

International Business Under Adversity
Author: Gabriele G. S. Suder
Publisher: Edward Elgar Publishing
Total Pages: 215
Release: 2008-01-01
Genre: Business & Economics
ISBN: 1848442963

Business and corporate actions, globally and locally, have often encouraged and aggravated human conflict. Equally evident is the fact that business, if only out of enlightened self-interest, can and should be an integral part of preventing, mitigating and ending violent conflict. This highly complex relationship needs to be seriously studied and discussed with an open mind. Dr. Suder s publication makes an important contribution to this discussion and I recommend the information and analysis contained in this book to a wide audience. Daniel Stauffacher, Former Ambassador of Switzerland and Chairman ICT4Peace Foundation While Golda Meir was Prime Minister of Israel she shared her hopes for humanity: I hope that some day, perhaps not in my time or my children s time, but in my grandchildren s time, war will become like cannibalism, completely unthinkable . For war to be unthinkable, business must be a part of the solution. Gabriele Suder s new volume recognizes the imperative of peace and brings many of the best thinkers in the world together to ask how the private sector can contribute to a peaceful future for our planet. With strikingly new ideas, International Business under Adversity is must reading for business leaders and students alike. Nancy J. Adler, McGill University, Canada International Business under Adversity explores the essential issues of corporate responsibility rooted in firms international activities. The wide spread of specific sets of values, ways of thinking and living, infrastructures and technologies are commonly associated with the motivations of conflict, crisis and terrorism. What is the role of international business in this dilemma? How and why do international corporations maximize value beyond core strategy and partners through corporate responsibility? This informative and accessible resource expands the readers understanding of the ways in which profit maximization, value creation and community benefit interconnect. How to respect the wider business settings and communities, the environment and encourage peace? Is this just another dream? This book clearly provides a starting point for upstream mitigation, in which collective action allows disruption to be avoided at its very roots. It shows the way into responsible business, as a downright condition for an enlightened self-interest for all parties to pursue. This book will be of great interest to those who wish to understand the case for corporate responsibility: its tools, measures and practices in Corporate Social Responsibility (CSR), conflict prevention, and reduction of risk and uncertainty in the globalized world. It will be valuable to the leadership of international corporations, and serve academics and postgraduate students to efficiently link the fields of risk management, CSR, business ethics and corporate strategy.