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Economic Imperatives And Ethical Values In Global Business
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Book Synopsis Economic Imperatives and Ethical Values in Global Business by : S. Prakash Sethi
Download or read book Economic Imperatives and Ethical Values in Global Business written by S. Prakash Sethi and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: religious values at the office door. Apartheid was an evil, and business had great power in South Africa. Where there is power, there is also responsibil ity. I prayed about this long and hard. I pushed the companies as much as I thought I could. There were advances and there were setbacks, but finally we prevailed and the Blacks of South Africa secured their freedom. My effort in behalf of the Sullivan Principles was only one of a number of significant efforts of the anti-apartheid movement. All of those other efforts must be recognized, as well. The Sullivan Principles and the manner in which they were implemented in South Africa were in the nature of a grand experiment in the sociopolitical change and economic uplifting of the Black people of South Africa. What is even more important is that the Principles were driven by an ethical and moral imperative, and were voluntarily implemented by a group of enlight ened United States multinational corporations. No grand design or vision is ever perfect. We fall prey to human follies, limited understanding of the future, and necessary compromises to seek not what is perfect but what is possible. Thus, any such effort is subject to criticism from those who seek ideological purity and those who seek to minimize the impact of change from the status quo . .
Book Synopsis A Review of Prakash Sethi and Oliver Williams' Economic Imperatives and Ethical Values in Global Business by : Marylee S. Crofts
Download or read book A Review of Prakash Sethi and Oliver Williams' Economic Imperatives and Ethical Values in Global Business written by Marylee S. Crofts and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Book reviewed: Prakash Sethi and Oliver Williams, "Economic Imperatives and Ethical Values in Global Business"
Book Synopsis The Ethical Imperative by : John Dalla Costa
Download or read book The Ethical Imperative written by John Dalla Costa and published by HarperCollins Publishers. This book was released on 1998 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: As managers and consumers, many people are concerned about such issues as sweatshops, global warming and discrimination in the workplace, and are struggling to integrate their beliefs into their jobs, companies and purchases. The Ethical Imperative links these personal values to business performance.
Book Synopsis The Ethics of Business in a Global Economy by : P.M. Minus
Download or read book The Ethics of Business in a Global Economy written by P.M. Minus and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 149 pages. Available in PDF, EPUB and Kindle. Book excerpt: Paul M. Minus Overview The papers gathered in this volume were first presented for reflection and discussion at a landmark event in March 1992. The International Conference on the Ethics of Business in a Global Economy, held in Columbus, Ohio, brought together over 300 participants from twenty-two nations in six continents. This was the most geographically diverse body of leaders ever assembled to consider issues of ethics in business. Approximately two-thirds of them were business executives; the others came mainly from the fields of education and religion. Knowing the context from which this book emerged will help readers understand its composition and content. As can be quickly seen, the fourteen authors who have contributed to it come from different areas of the world and from different fields of endeavor. One finds, first, essays on the book's central theme by business leaders from four nations. Next there are analyses of three key topics by scholars active in the fields of economics and ethics. Then come statements by practitioners of four major world religions on the relevance of their respective traditions to the ethics of business. Finally there are six brief case studies prepared by two business ethicists about specific ethical issues arising in international business. The authors address different facets of one of the most dramatic new facts of our time: the globalization of business. With many corporations now operating around the world and others planning a significant expansion of markets, this development is destined to accelerate in coming decades.
Book Synopsis Business Ethics and Values by : Colin M. Fisher
Download or read book Business Ethics and Values written by Colin M. Fisher and published by Pearson Education. This book was released on 2009 with total page 644 pages. Available in PDF, EPUB and Kindle. Book excerpt: Blending academic theory with real-world cases, the third edition of this book provides a self-contained course in business ethics. The book is suitable for undergraduate and postgraduate students with or without practical experience in the business world.
Book Synopsis Corporate Social Responsibility by : Oliver F. Williams
Download or read book Corporate Social Responsibility written by Oliver F. Williams and published by Routledge. This book was released on 2013-11-26 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last 30 years, corporate social responsibility (CSR) has become a household term, reflecting a combination of factors that we have come to associate with that most catch-all of terms "globalization," including the widespread popular concern with such social issues as the environment and international human rights. Corporate Social Responsibility examines the history of the idea of business ethics (which goes back at least to ancient Mesopotamia) before exploring the state of CSR today. This book argues that a wide-ranging understanding of the purpose of business is necessary to create value for a community of stakeholders which in turn can generate a sustainable future. The book suggests that corporations still have a long way to go, but remains optimistic. The book’s sanguine interpretation of the current state of corporate affairs and a recommended way forward, results not only from the authors analysis, but also his direct experience. This book presents the case that we are in the midst of a major paradigm shift in our understanding of the purpose of business and that this new understanding holds much promise for business being a significant force for a more just and peaceful world. This work provides a concise overview of CSR and an important examination of the present and future work of the UN Global Compact and will be of interest to students of international organizations, international business and corporate social responsibility.
Book Synopsis Globalisation and Business Ethics by : Karl Homann
Download or read book Globalisation and Business Ethics written by Karl Homann and published by Routledge. This book was released on 2016-04-22 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization has become a common phenomenon, yet one that many people experience as a threat not only to their economic existence, but also to their cultural and moral self-image. This volume takes an interdisciplinary approach to provide a theoretical overview of how business ethics deals with the phenomenon of globalization. The authors first examine the origins and development of globalization and its interaction with business ethics, before discussing the impact on and role of national and multinational corporations. The book goes on to examine the relationship between industrialized and developing countries, and explores the place of ethics in globalized markets.
Book Synopsis Ethics, Morality and Business: The Development of Modern Economic Systems, Volume II by : Dipak Basu
Download or read book Ethics, Morality and Business: The Development of Modern Economic Systems, Volume II written by Dipak Basu and published by Springer Nature. This book was released on 2021-04-17 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, the second of two volumes, is inspired by the famous philosopher of India, Kautilya, author of the first book on economics in the world, Arthashashtra. It analyzes the influence of ethical values from ancient societies on modern systems of management and economics. While this book deals with the “global sages” like Aristotle, Buddha, Jesus, the scope is also expanded to incorporate other notable modern thinkers like Karl Marx, Adam Smith, and Rabindranath Tagore. This book aims to highlight the interrelationships between ethics and management, both from a micro and macroeconomics, as well as organizational and national, perspective. It will be useful for those interested in history, economics, development studies, international relations, and global politics.
Book Synopsis Value Shift: Why Companies Must Merge Social and Financial Imperatives to Achieve Superior Performance by : Lynn S. Paine
Download or read book Value Shift: Why Companies Must Merge Social and Financial Imperatives to Achieve Superior Performance written by Lynn S. Paine and published by McGraw Hill Professional. This book was released on 2002-08-22 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Lynn Paine has an optimistic analysis of the need for--and the value of--bringing ethical values into business decision-making. The 'meltdown' of so many high-flyers reecntly suggests that lesson had been lost on too many companies during the boom years. The time has come to take account of what she writes."--Paul A. Volcker "This book presents a way of broadening the role of the corporation in our society, an interesting and exciting role. It's a good read for young leaders in all walks of life."--John C. Whitehead, former Chairman, Goldman Sachs "Value Shift provides a timely and compelling argument for why companies must incorporate values into their strategies--that no one in business can afford to ignore."--Daniel Vasella, Chairman + CEO /Novartis AG
Book Synopsis Ethical business in the global economy by : Abraham Allotey
Download or read book Ethical business in the global economy written by Abraham Allotey and published by GRIN Verlag. This book was released on 2008-06-18 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2002 in the subject Business economics - General, grade: 70, University of East London (East London Business School - University of East London, London), course: Postgraduate Programmes - MBA International Management, language: English, abstract: There is so much talk about ethical versus unthical business practices in business environments in recent years than it has always been before the year 2002. A few of the reasons for these emphasis are: Globalization, fair-play and security. Ethics is not always defined the same in all cultures. For instance, a business practice that can easily be refered to and accepted as unthical in one particular culture, would not necessarily be accepted as unethical in another culture. Therefore, at what point in time can we collectively agree, that a particular business practice is unethical, and would it be possible to deploy uniformed (same) tools to combat unethical business practices accross cultures? This report discusses some implications and bottlenecks of ethical practices and concludes with some practical recommendations.
Book Synopsis A Strategic and Tactical Approach to Global Business Ethics by : Lawrence A. Beer
Download or read book A Strategic and Tactical Approach to Global Business Ethics written by Lawrence A. Beer and published by Business Expert Press. This book was released on 2010-04-18 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ethics is a compendium of moral interpretations steeped in a multitude of religious and philosophical applications. It is subject to various cultural intrusions as well as independent personal interpretation. The study of international business and all related managerial disciplines usually includes ethical content. The majority of global management textbooks offer a chapter on ethics, and its often misaligned cousin, social responsibility. They tend to cover the subject matter by stating the problem and then reciting laws enacted to combat social injustice as well as including philosophical theories intended to provide generic direction. This iceberg approach, a topical view of the issues, leaves the average MBA student along with executive cadre longing for more specific guidelines.
Book Synopsis A Strategic and Tactical Approach to Global Business Ethics, Second Edition by : Lawrence A. Beer
Download or read book A Strategic and Tactical Approach to Global Business Ethics, Second Edition written by Lawrence A. Beer and published by Business Expert Press. This book was released on 2015-01-12 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: The inclusion of ethically driven elements into the strategic planning process of multinational corporations (MNCs) is an emerging consideration in the modern era of globalization. Firms pursuing cross-border activities in any capacity, and to whatever degree or scale, are increasingly coming into contact with differences in morally applied decision making that affects their operational success and sustainability. The choices made require the use of clear and unambiguous codes of conduct for embedded managers abroad. The implementation of a properly administered code, coupled with a program of corporate social responsibility (CSR), can add value to a company, while its misapplication or exclusion can diminish value.
Book Synopsis The Business of Consumption by : Laura Westra
Download or read book The Business of Consumption written by Laura Westra and published by Rowman & Littlefield. This book was released on 1998 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the forefront of international concerns about global legislation and regulation, a host of noted environmentalists and business ethicists examine ethical issues in consumption from the points of view of environmental sustainability, economic development, and free enterprise. Visit our website for sample chapters!
Book Synopsis Business Ethics - A Philosophical and Behavioral Approach by : Christian A. Conrad
Download or read book Business Ethics - A Philosophical and Behavioral Approach written by Christian A. Conrad and published by Springer Nature. This book was released on 2022-06-13 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this textbook we examine the extent to which moral values play a role as productive forces for companies and the economy as a whole, and explores the effect of ethical and unethical behavior at both levels. We show how ethics improves productivity, and provide specific ethics tools for practical application for both students and managers. Stemming from an overall interdisciplinary approach, this textbook fills a gap in the literature on ethics in business. Following a textbook structure, we first derive knowledge from scientific studies that are relevant for students, and then summarize the results. We explain ethical assessment approaches, and then provide an ethical assessment of economic behavior using case studies. Roleplaying and games are used to explain the behavior of people in relation to ethics. The 2nd edition has been completely revised and expanded to include new findings from the behavioral sciences (psychology, social psychology, sociology and behavioral economics). In particular, the research on emotions, motivation and group behavior have given rise to many new impulses in business ethics. In addition, new case studies and new chapters were included, like Politics and Morality, Theories of Justice, Global Ethics, and Institutions as Solutions to Specific Game Situations (game theory). This book is important for students and researchers as well as policymakers and business executives due to its focus on applications.
Book Synopsis A Global Ethic for Global Politics and Economics by : Hans Kung
Download or read book A Global Ethic for Global Politics and Economics written by Hans Kung and published by Oxford University Press. This book was released on 1998-04-16 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the twentieth century draws to a close and the rush to globalization gathers momentum, political and economic considerations are crowding out vital ethical questions about the shape of our future. Now, Hans Küng, one of the world's preeminent Christian theologians, explores these issues in a visionary and cautionary look at the coming global society. How can the new world order of the twenty first century avoid the horrors of the twentieth? Will nations form a real community or continue to aggressively pursue their own interests? Will the Machiavellian approaches of the past prevail over idealism and a more humanitarian politics? What role can religion play in a world increasingly dominated by transnational corporations? Küng tackles these and many other questions with the insight and moral authority that comes from a lifetime's devotion to the search for justice and human dignity. Arguing against both an amoral realpolitik and an immoral resurgence of laissez faire economics, Küng defines a comprehensive ethic founded on the bedrock of mutual respect and humane treatment of all beings that would encompass the ecological, legal, technological, and social patterns that are reshaping civilization. If we are going to have a global economy, a global technology, a global media, Küng argues, we must also have a global ethic to which all nations, and peoples of the most varied backgrounds and beliefs, can commit themselves. "The world," he says, "is not going to be held together by the Internet." For anyone concerned about the world we are creating, A Global Ethic for Global Politics and Economics offers equal measures of informed analysis, compassionate foresight, and wise counsel.
Book Synopsis Social Responsibilities of Business and Business Ethics - English by : Navneet Singh
Download or read book Social Responsibilities of Business and Business Ethics - English written by Navneet Singh and published by Navneet Singh. This book was released on with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concepts of social responsibility and business ethics are crucial components of modern business practices, emphasizing the ethical obligations and broader impacts that businesses have on society. Here’s an overview of each concept: Social Responsibilities of Business: Definition: Social responsibility refers to the ethical framework and obligations that businesses have towards the broader community, environment, and stakeholders beyond maximizing profits. It encompasses the voluntary actions businesses take to address social, environmental, and economic issues in their operations and interactions with stakeholders. Key Aspects: Corporate Citizenship: Businesses are expected to contribute positively to society by supporting community development initiatives, philanthropic activities, and volunteering efforts. Environmental Sustainability: Businesses should adopt sustainable practices to minimize their environmental footprint, reduce waste, conserve resources, and mitigate climate change impacts. Ethical Labor Practices: Ensuring fair treatment of employees, promoting diversity and inclusion, providing safe working conditions, and adhering to labour laws and human rights standards. Consumer Protection: Providing safe and reliable products/services, transparent marketing practices, and addressing consumer concerns responsibly. Stakeholder Engagement: Engaging with stakeholders (employees, customers, suppliers, local communities) to understand their needs, address concerns, and build mutually beneficial relationships. Business Ethics: Definition: Business ethics refers to principles, values, and standards of conduct that guide business decisions and actions, ensuring they are morally and ethically sound. It involves applying ethical principles to organizational culture, policies, practices, and decision-making processes. Key Principles: Integrity: Acting honestly and ethically in all business dealings, maintaining transparency, and fulfilling commitments. Fairness: Treating all stakeholders fairly and equitably, avoiding discrimination, favouritism, or exploitation. Accountability: Taking responsibility for actions and decisions, acknowledging mistakes, and striving for accountability in business practices. Respect: Valuing diversity, respecting human rights, and promoting a culture of inclusivity and mutual respect within the organization and in external relationships. Compliance: Adhering to legal requirements, regulations, industry standards, and ethical guidelines relevant to business operations. Importance and Integration: Enhanced Reputation: Businesses that demonstrate strong social responsibility and ethical behaviour build trust, credibility, and positive reputation among stakeholders, enhancing brand loyalty and competitiveness. Risk Management: Ethical conduct and social responsibility mitigate risks associated with legal liabilities, regulatory non-compliance, reputational damage, and stakeholder backlash. Long-term Sustainability: Integrating social responsibility and ethical practices fosters long-term sustainability by aligning business objectives with societal needs, fostering innovation, and attracting socially conscious investors and customers. Employee Engagement: A commitment to ethical principles and social responsibility enhances employee morale, motivation, and retention, creating a positive workplace culture. In conclusion, businesses play a pivotal role in society, and embracing social responsibility and ethical practices not only aligns with moral imperatives but also contributes to sustainable business success and positive societal impact. Integrating these principles into core business strategies and operations is essential for fostering trust, resilience, and long-term value creation in a rapidly evolving global business environment.
Book Synopsis Global Business Ethics by : Abraham Stefanidis
Download or read book Global Business Ethics written by Abraham Stefanidis and published by Taylor & Francis. This book was released on 2024-11-08 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on contributions from nineteen prominent scholars, the book reflects on the quest for sustainable development as a source of competitive advantage for organizations and as a global imperative for society. It highlights how organizations’ decision-making processes and bundled capabilities can promote innovative approaches to address current ethical dilemmas, setting forth business ethics, corporate social responsibility, and sustainability as required tenets for participating in a global economy. As societal and business stakeholders race toward the 2030 deadline to meet the United Nations’ 17 Sustainable Development Goals, business plays a critical role in achieving global goals. It is thus increasingly crucial that organizational practices and policies incorporate a socially responsible agenda based on ethical decision-making to achieve a more just society. Incorporating people, technology, the natural environment, and economics in a way that is inclusive, honest, just, and sustainable becomes a management imperative challenge. Given the rapid pace of changes taking place in the global economy, the time for action is now, if we are to preserve our planet and ensure progress and prosperity. This book will appeal to scholars in business ethics, management, international business, and sustainability, as well as to business executives. The chapters in this book were originally published in International Studies of Management & Organization.
