By Charles Mitchell
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Extra info for A Short Course in International Business Ethics: Combining Ethics and Profits in Global Business (The Short Course in International Trade Series)
I have no choice. If I don't do it I will lose my job. • The amount in question is small. • It is the same as a tax. • The payment is a deductible business expense (in some countries). • The payment is a transaction cost. • If our company does not do it, the competition will. • The competition has fewer scruples and their products and services are inferior. • A bribe in this country is no different from a tip in the home country. • Payment of a bribe will enable the company to grow and, in so doing, create jobs in our home country.
Show all effects of pollution reduction programs. 36 Chapter 4: Does Virtue Pay? Chapter 5: Codifying Business Ethics 37 Finance • Gain the respect of the environmentally concerned investment community. • Recognize true liability. • Recognize business opportunities. Global is as Local Does Conducting a successful campaign of corporate citizenship on a global level requires a company to run programs on both a global and local scale. Companies must decide how best to meet their responsibilities to different sets of stakeholders in different regions.
2 percent as of September 30, 1999. 8 percent. 0 percent. Note At the beginning of 2001, just 10 percent of Germans held company shares compared to 50 percent of Americans; but the Germans are rapidly gaining ground. The number of Germans holding shares has increased by 50 percent since 1996 and is set to explode even further as more closely-held company shares are made available and pension law reform creates individual stock retirement accounts for German workers. 48 Chapter 6: Ethics and the Boardroom Chapter 6: Ethics and the Boardroom 49 Changing European Equity Culture—But at a Price Perhaps the most pressure for aligning corporate governance procedures is being felt in Europe because of the adoption of the Euro as a common currency and the increase flow of outside capital from the US.
A Short Course in International Business Ethics: Combining Ethics and Profits in Global Business (The Short Course in International Trade Series) by Charles Mitchell