One need only look at the news to be bombarded with examples of corporate malfeasance and the impact such behavior has on a company’s public image, customers, employees, and bottom line. And while these stories grab the headlines, some companies are adopting practices that display awareness of their impact on the globe, whether that be to the environment, its employees and suppliers, or communities in which they do business. What factors are leading to these decisions? What are the benefits and costs of making ethical business decisions and acting in a socially responsible way, however one defines it? Issues in Business Ethics and Corporate Social Responsibility explores these foundational themes across a wide range of topics, including artificial intelligence, workplace surveillance, supply chain management, big data, the finance industry, and many more. Coupled with a broad introduction by Dr. David Weitzner, a professor of management at York University, this book provides students with the essential information they need to assess business practices through the lens of ethical decision-making and corporate social responsibility.
Chapter 7: Ethics and the Supply Chain: Can businesses police the behavior of global suppliers?
Ethics and the Supply Chain: Can businesses police the behavior of global suppliers?
Under pressure from a growing movement of activists determined to make supply chains more ethical, businesses that once disclaimed responsibility for their overseas suppliers’ behavior are re-examining that stance. Companies are scrutinizing the supply chain on questions ranging from environmental standards and product safety to the treatment of workers. Some businesses are adopting corporate responsibility codes, while others are wielding new technologies to enhance transparency. As they try to meet this challenge, companies are confronting numerous obstacles, including far-flung supply chains ...