Transcript Chapter 9 - Cengage Learning

Chapter 9
Prepared by Deborah Baker
Texas Christian University
Chapter 9-1

ETHICAL ISSUES
in the GLOBAL ARENA
BUSINESS & SOCIETY
Ethics and Stakeholder Management
Carroll & Buchholtz 6e
Business and Society: Ethics and Stakeholder Management, 6e • Carroll & Buchholtz
Copyright ©2006 by South-Western, a division of Thomson Learning. All rights reserved
Chapter 9 Outcomes
1.
Identify the concepts of internationalization and globalization
of business.
2.
3.
Summarize arguments for and against globalization.
4.
Recognize the major ethical challenges of operating in the
multinational environment.
5.
Define ISCT and the concepts of hypernorms and moral free
space.
6.
7.
Discuss strategies for improving global ethics.
Explain the evolving role and problems with multinational
corporations in the global environment.
Enumerate international rights and moral guidelines for
improving business operations in the global sphere.
Chapter 9-2
Chapter 9 Outline
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Chapter 9-3
The New, New World of International Business
Multinational Corporations (MNCs) and the Global
Environment
Ethical Issues in the Global Business Environment
Improving Global Business Ethics
Summary
Ethical Choices in Home versus
Host Country Situations
International Law
Global Codes of Conduct
ETHICAL
IMPERIALISM
Home
Country
• Cultural standards
• Ethical/moral
standards of home
country
BROAD
MIDDLE
GROUND
Mix of Home and Host
Country Standards
Application of
Ethical Principles
Chapter 9-4
CULTURAL
RELATIVISM
Host
Country
• Cultural standards
• Ethical/moral
standards of host
country
Fundamental International Rights
1.
The right to physical
movement
6.
The right to physical
security
2.
The right to ownership of
property
7.
The right to freedom of
speech and association
3.
The right to freedom
from torture
8.
The right to minimal
education
4.
5.
The right to a fair trial
9.
The right to
nondiscriminatory
treatment
The right to political
participation
10. The right to subsistence
Chapter 9-5
Selected Key Terms
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Alien Tort Claims Act
anticorruption movement
Bhopal tragedy
Bribes Payers Index
bribes
consistent norms
corruption
Corruption Perception Index
Chapter 9-6
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Council on Economic
Priorities
cultural relativism
ethical impact statements
ethical imperialism
Fair Labor Association
globalism, globalization
grease payments
hypernorms
Selected Key Terms (continued)
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illegitimate norms
infant formula controversy
internationalization
less-developed countries
(LDC)
moral free space
multinational corporations
(MNC)
North American Free Trade
Agreement
offshoring
Chapter 9-7
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outsourcing
Public Integrity Index
Social Accountability
International
sweatshops
transnational economy
Transparency International