Abstract
Four international codes of conduct (those of the International Chamber of Commerce, the Organization for Economic Cooperation and Development, the International Labor Organization, and the United Nations Commission on Transnational Corporations) are analyzed to determine the ethical bases of the behaviors they prescribe for multinational enterprises (MNEs). Although the four codes emphasize different aspects of business behavior, there is substantial agreement regarding many of the moral duties of MNEs. It is suggested that MNEs are morally bound to recognize the codes and to take them into account when engaging in international business.
Journal Information
The Journal of Business Ethics publishes original articles from a wide variety of methodological and disciplinary perspectives concerning ethical issues related to business. Since its initiation in 1980, the editors have encouraged the broadest possible scope. The term 'business' is understood in a wide sense to include all systems involved in the exchange of goods and services, while 'ethics' is circumscribed as all human action aimed at securing a good life. Systems of production, consumption, marketing, advertising, social and economic accounting, labour relations, public relations and organisational behaviour are analysed from a moral viewpoint. The style and level of dialogue involve all who are interested in business ethics – the business community, universities, government agencies and consumer groups. Speculative philosophy as well as reports of empirical research are welcomed. In order to promote a dialogue between the various interested groups as much as possible, papers are presented in a style relatively free of specialist jargon.
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Springer is one of the leading international scientific publishing companies, publishing over 1,200 journals and more than 3,000 new books annually, covering a wide range of subjects including biomedicine and the life sciences, clinical medicine, physics, engineering, mathematics, computer sciences, and economics.
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International Management, 8e (Deresky)
Chapter 2 Managing Interdependence, Social Responsibility, and Ethics
1) In recent years, which of the following has lessened the criticisms of MNCs?
A) increasing economic differences among countries
B) greater emphasis on social responsibility by MNCs
C) limited emphasis on social responsibility and ethical behavior
D) dissolution of MNCs in developing countries
Answer: B
Diff: 2
Chapter: 2
Skill: Concept
Objective: 1
AACSB: Ethical understanding and reasoning abilities
2) Which of the following concepts includes the expectation that MNCs should be concerned
with the social and economic effects of their decisions?
A) macropolitical interdependence
B) international social responsibility
C) corporate technoglobalism
D) moral idealism
Answer: B
Diff: 1
Chapter: 2
Skill: Concept
Objective: 2
AACSB: Ethical understanding and reasoning abilities
3) Which of the following significantly increases the complexity of social responsibility and
ethical behavior of MNCs?
A) distance between the headquarters and the subsidiaries
B) difficulties posed in training managers from different cultures
C) additional stakeholders associated with the firm's activities
D) international laws, regulations, and moral principles
Answer: C
Diff: 3
Chapter: 2
Skill: Concept
Objective: 2
AACSB: Ethical understanding and reasoning abilities
1