International Business Ethics

The question of what ethical norms, if any, should guide the conduct of business across national boundaries is the primary subject of international business ethics. We live in an era of increasing economic globalization. While trade among nations has been an important feature of the global economy for centuries, recent years have seen a rapid increase in international trade. Multinational corporations (MNCs) are powerful actors on this global stage, and their influence is increasing. Outsourcing of the production of consumer goods to developing nations is a standard feature of nearly all MNCs that design, market, and sell apparel, footwear, electronics, toys, and household goods. In response to increased demand for natural resources, MNCs in the extractive industries have increased their exploration and extraction operations throughout ...