Because multinational firms (or other organizations, such as the Red Cross) represent global interdependency, their managers at all levels must recognize that what they do, in the aggregate, has long-term implications for the socioeconomic interdependence of nations. Simply to describe ethical issue.... readmore
How is a manager operating abroad to know what is the right decision when faced with questionable or unfamiliar circumstances of doing business? The first line of defense is to consult the laws of both the home and the host countries, such as the FCPA. If any of those laws would be violated, then yo.... readmore
A specific ethical issue for managers in the international arena is that of questionable payments. These are business payments that raise significant questions of appropriate moral behavior either in the host nation or in other nations. Such questions arise out of differences in laws, customs, and e.... readmore
Most people in the United States have wished for more privacy of personal data; they receive mailings, solicitations, and other information about themselves that make them wonder where that source acquired the personal information. Not so in Europe. In fact, the Europeans are determined that they wo.... readmore
The computer is on the dock, it's raining, and you have to pay $100 [bribe] to get it picked up.
WM. C. NORRIS, CONTROL DATA CORP.
Globalization has multiplied the ethical problems facing organizations. Yet business ethics have not yet globalized. While domestic American companies may .... readmore
A considerable number of organizations have developed their own codes of conduct; some have gone further to group together with others around the world to establish standards to improve the quality of life for workers around the world. Companies such as Avon, Sainsbury Plc., Toys 'R' Us and Otto Ver.... readmore
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; I.... readmore
Whereas many situations regarding the morality of the MNC's presence or activi tie in a country are quite clear, other situations are not, especially when dealing ice, with human rights. The role of MNCs in pulling out of South Africa in the 1980s as On part of the movement against apartheid has now.... readmore
As illustrated in the opening profile, multinational corporations have been and-to a lesser extent-continue to be at the center of debate regarding social responsibility, particularly the benefits versus harm wrought by their operations around the world, especially in less developed countries. The c.... readmore
For the Nestl Corporation of Switzerland. its 2001 moral dilemma regarding distribution of its baby formula in Africa was an ironic turnaround from its 1981 dilemma. Then, a seven-year boycott of Nestl baby products and a United Nations code on selling baby formula in LDCs pressured Nestl to change .... readmore