MNE AND HOST GOVERNMENTS
ECONOMIC AND DEVELOPMENTAL POLICIES
MNEs should consult with governmental authorities and national employers' and workers' organizations to assure that their investments conform to the economic and social development policies of the host country. (ICC; OECD; ILO; UN/CTC)
MNEs should not adversely disturb the balance-of-payments or currency exchange rates of the countries in which they operate. They should try, in consultation with the government, to resolve balance-of-payments and exchange rate difficulties when possible. (ICC; OECD; UN/CTC)
MNEs should cooperate with governmental policies regarding local equity participation. (ICC; UN/CTC)
MNEs should not dominate the capital markets of the countries in which they operate. (ICC; UN/CTC)
MNEs should provide to host government authorities the information necessary for correctly assessing taxes to be paid. (ICC; OECD)
MNEs should not engage in transfer pricing policies that modify the tax base on which their entities are assessed. (OECD; UN/CTC)
MNEs should give preference to local sources for components and raw materials if prices and quality are competitive. (ICC; ILO)
MNEs should reinvest some profits in the countries in which they operate. (ICC)
LAWS AND REGULATIONS
MNEs are subject to the laws, regulations, and jurisdiction of the countries in which they Operate. (ICC; OECD; UN/CTC)
MNEs should respect the right of every country to exercise control over its natural resources, and to regulate the activities of entities operating within its territory. (ICC; OECD; UN/CTC)
MNEs should use appropriate international dispute settlement mechanisms, including arbitration, to resolve conflicts with the governments of the countries in which they operate. (ICC; OECD)
MNEs should not request the intervention of their home governments in disputes with host governments. (UN/CTC) MNEs should resolve disputes arising from expropriation by host governments under the domestic law of the host country. (UN/CTC)
POLITICAL INVOLVEMENT
MNEs should refrain from improper or illegal involvement in local political activities. (OECD, UN/CTC)
MNEs should not pay bribes or render improper benefits to any public-servant. (OECD, UN/CTC)
MNEs should not interfere in intergovernmental relations. (UN/CTC)
MNES AND THE PUBLIC
TECHNOLOGY TRANSFER
MNEs should cooperate with governmental authorities in assessing the impact of transfers of technology to developing countries, and should enhance the technological capacities of developing countries. (OECD; UN/CTC)
MNEs should develop and adapt technologies to the needs and characteristics of the countries in which they operate. (ICC; OECD; ILO)
MNEs should .conduct research and development activities in developing countries, using local resources and personnel to the greatest extent possible. (ICC; UN/CTC)
When granting licenses for the use of industrial property rights, MNEs should do so on reasonable terms and conditions (ICC; OECD)
MNEs should not require payment for the use of technologies of no real value to the enterprise. (ICC)
ENVIRONMENTAL PROTECTION
MNEs should respect the laws and regulations concerning environmental protection of the countries in which they operate. (OECD; UN/CTC)
MNEs should cooperate with host governments and with international organizations in the development of national and international environmental protection standards. (ICC; UN/CTC)
MNEs should supply to appropriate host governmental authorities, information concerning the environmental impact of the products and processes of their entities. (ICC; UN/CTC)
MNES AND PERSONS
CONSUMER PROTECTION
MNEs should respect the laws and regulations of the countries in which they operate with regard to consumer protection. (OECD; UN/CTC)
MNEs should preserve the safety and health of consumers by disclosure of appropriate information, proper labeling, and accurate advertising. (UN/CTC)
EMPLOYMENT PRACTICES
MNEs should cooperate with host governments' efforts to create employment Opportunities in particular localities. (ICC)
MNEs should support representative employers' organizations. (ICC; ILO)
MNEs should try to increase employment opportunities and standards in the countries in which they operate. (ILO)
MNEs should provide stable employment for their employees. (ILO)
MNEs should establish nondiscriminatory employment policies, and promote equal employment opportunities. (OECD; ILO)
MNEs should give priority to the employment and promotion of nationals of the countries in which they operate. (ILO)
MNEs should assure that adequate training is provided to all employees. (ILO)
MNEs should contribute to the managerial and technical training of nationals of the countries in which they operate, and should employ qualified nationals in managerial and professional capacities. (ICC, OECD, UN/CTC)
MNEs should respect the right of employees to organize for the purpose of collective bargaining. (OECD; ILO) MNEs should provide workers' representatives with information necessary to assist in the development of collective agreements. (OECD; ILO)
MNEs should consult with workers' representatives in all matters directly affecting the interests of labors. (ICC)
MNEs, in the context of negotiations with workers' representatives, should not threaten to transfer the operating unit to another country. (OECD; ILO)
MNEs should give advance notice of plant closures, and mitigate the resultant adverse effects. (ICC; OECD; ILO)
MNEs should cooperate with governments in providing income protection for workers whose employment has been terminated. (ILO)
MNEs should provide standards of employment equal to or better than those of comparable employers in the countries in which they operate. (ICC; OECD; ILO)
MNEs should pay, at minimun, basic living wages. (ILO)
MNEs should maintain the highest standards of safety and health, and should provide adequate information about work-related health hazards. (ILO)
HUMAN RIGHTS
MNEs should respect human rights and fundamental freedoms in the countries in which they operate. (UN/CTC)
MNEs should not discriminate on the basis of race, color, sex, religion, language, social, national and ethnic origin, or political or other opinion. (UN/CTC)
MNEs should respect the social and cultural objectives, values, and traditions of the countries in which they operate. (UN/CTC)
Exhibit 2-3 : Managing Interdependence article from Global Management Catagory Exhibit 2-3
Exhibit 2-3 Managing Interdependence article from Managing Interdependence Global Management.Free learning from data about Exhibit 2-3 Managing Interdependence Global Management Business Management,online business management,business management classes,online business management degrees