International Business and Globalization
Business Ethics: Concepts, Cases, and Canadian Perspectives, P. Kissick (ed) (Emond Montgomery, 2012)
Posted: 23 May 2012
Date Written: May 22, 2012
This Chapter examines the ethical considerations arising from the global sourcing model and international business, using Canadian examples and case studies. It contrasts 'ethical relativism' with the concept of 'universal business ethics". Should Canadian businesses export 'Canadian ethics' when they operate in foreign countries, or adopt the ethics and standards that govern business in the host states? Is it the role of Canadian businesses to police legal compliance by their foreign suppliers? What are the risks and rewards associated with operating a global business? Business ethics tensions and debates are explored by considering complex issues relating to labour practices, environmental standards, and bribery of officials, among others.
Keywords: business ethics, globalization, labour, labor, environment, bribery
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