Griffin ib7 inppt_05

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Chapter 5 Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hall Chapter 5 - 1 Ethics and Social Responsibility in International Business

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Griffin ib7 inppt_05

Transcript of Griffin ib7 inppt_05

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Chapter 5 - 1

Chapter 5

Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hall

Ethics and Social Responsibility in

International Business

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Chapter 5 - 2

Learning Objectives

• Describe the nature of ethics• Discuss ethics in international and cross-

cultural contexts• Identify the key elements in managing

ethical behavior across borders• Discuss social responsibility in cross-

cultural and international contexts

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Learning Objectives

• Identify and summarize the basic areas of social responsibility

• Learn how organizations manage social responsibility across borders

• Identify and summarize key regulations governing international ethics and social responsibility

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The Nature of Ethics

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Ethics and Behavior

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Norms

Beliefs

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Chapter 5 - 6Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hall

General Observations

• Personal Beliefs

• Cultural Contexts

• Circumstances

• Ethical Values

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Summary of Discussion

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Ethics in Cross-Cultural and International

Contexts

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How an Organization Treats Its Employees

Hiring Practices

Career Development

Compensation and Benefits

Workers’ Rights and Dignity

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How Employees Treat the Organization

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• Conflict of Interest

• Confidentiality

• Honesty

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Chapter 5 - 11Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hall

Customers

Stockholders

Dealers

Competitors

Suppliers

Labor Unions

Employees, the Organization, and Other

Economic Agents

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Summary of Discussion

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Managing Ethical Behavior Across Borders

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Chapter 5 - 14Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hall

Guidelines and Codes

Written Guidelines

Codes of Ethics

Corporate Cultures

Organizational Practices

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Chapter 5 - 15Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hall

•Global Focus•Local Focus

Ethics Training

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Chapter 5 - 16Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hall

Corporate Culture

Organizational Practices

Standards Behaviors

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Summary of Discussion

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Social Responsibility in Cross-Cultural and

International Contexts

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Chapter 5 - 19Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hall

Social Responsibility

Global Stance vs. Local Markets

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Summary of Discussion

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Areas of Social Responsibility

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Organizational Stakeholders

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•Customers

•Employees

•Investors

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The Natural Environment

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Disposal of Waste Materials

Government Regulations

Corporate Efforts

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General Social Welfare

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Making Charitable Contributions

Supporting the Arts and Museums

Funding Public Health and Education

Confronting Political and Social Issues

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Summary of Discussion

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Managing Social Responsibilities Across

Borders

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Social Responsibility

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LeastResponsible

MostResponsible

ObstructionistStance

DefensiveStance

AccommodativeStance

ProactiveStance

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Managing Compliance

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• Legal

• Ethical

• Philanthropic

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Chapter 5 - 29Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hall

Informal Dimensions

• Leadership

• Corporate Culture

• Whistle-Blowing

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Corporate Social Audit

• Specific Social Goals

• Resources Devoted to Goals

• Assessment of Goal Achievement

• Recommended Courses of Action

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Evaluating CSR Efforts

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Summary of Discussion

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Difficulties of Managing CSR Across Borders

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Chapter 5 - 33Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hall

CSR Policy Formation

•The State

•The Market

•Civil Society

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Chapter 5 - 34Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hall

• Anglo Saxon• Asian Way• European

Behaviors in Three Regions of the World

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Summary of Discussion

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Regulating International Ethics and Social

Responsibility

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International Regulations

• The Foreign Corrupt Practices Act

• The Bribery Act

• The Alien Tort Claims Act

• The Anti-Bribery Convention of the Organization for Economic Cooperation and Development

• The International Labor Organization

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Summary of Discussion

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Chapter 5

Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hall

Ethics and Social Responsibility in

International Business

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Chapter 5 - 40Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hall

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