Chapter

Ethics and Global Strategy

Andrew Inkpen and Kannan Ramaswamy

in Global Strategy

Published in print December 2005 | ISBN: 9780195167207
Published online September 2007 | e-ISBN: 9780199789825 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780195167207.003.0010

Series: Strategic Management Series

Ethics and Global Strategy

Show Summary Details

Preview

This chapter focuses on the issues surrounding global strategy and the ethical dimensions of competing across borders. As globalization continues, managers will find that incorporating international ethical dimensions in their decision-making processes is unavoidable. The chapter discusses ethical issues and how they might be identified, analyzed, and linked to global strategy decisions. Creating strategy in the global arena inevitably means that MNEs will have to confront ethical issues. The question of “whose morals and whose ethical standards” confronts MNEs as soon as they cross a border. MNEs must deal with different laws in various countries, and compete against firms from different countries and legal jurisdictions. The chapter considers the ethical concepts of relativism, objectivism, and pluralism and examines some of the means by which firms try to manage ethical challenges. The chapter also consider the advantages and disadvantages of formal corporate ethics programs.

Keywords: morals; relativism; objectivism; pluralism; corporate ethics

Chapter.  8156 words. 

Subjects: Business Strategy

Full text: subscription required

How to subscribe Recommend to my Librarian

Buy this work at Oxford University Press »

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.