International Ethics & Social Responsibility

Presentation Presentation Group: 6Group: 6

Group MembersGroup Members

MD. AMAN ULLAHMD. AMAN ULLAHSAADMAN MOSTAFASAADMAN MOSTAFAAKIB JAVEDAKIB JAVEDMD. Abdullah Al FaisalMD. Abdullah Al FaisalTAJIMA HOSSAINTAJIMA HOSSAIN

MD. AMAN ULLAHMD. AMAN ULLAHSAADMAN MOSTAFASAADMAN MOSTAFAAKIB JAVEDAKIB JAVEDMD. Abdullah Al FaisalMD. Abdullah Al FaisalTAJIMA HOSSAINTAJIMA HOSSAIN

INTERNATIONAL INTERNATIONAL ETHICS AND ETHICS AND

SOCIAL SOCIAL RESPONSIBILITIYRESPONSIBILITIY

TopicTopicOnOn

EthicsEthics

EthicsEthicsCorporations receiving heavy criticismCorporations receiving heavy criticism

NikeNike Levi’sLevi’s ChiquitaChiquita

Major criticismsMajor criticisms Exploitation of low-wage workersExploitation of low-wage workers Environmental abusesEnvironmental abuses Intolerable workplace standardsIntolerable workplace standards

Response to social obligationsResponse to social obligations

Agreements and codes of conductAgreements and codes of conduct Maintenance of standards in domestic and global operationsMaintenance of standards in domestic and global operations Cooperation with NGOs regarding certain social issuesCooperation with NGOs regarding certain social issues

How international businesses can respect core or How international businesses can respect core or universal valuesuniversal values

Respect for human dignityRespect for human dignity• Create culture that values employees, customers, and Create culture that values employees, customers, and

suppliers.suppliers.• Keep a safe workplace.Keep a safe workplace.• Produce safe products and services.Produce safe products and services.Respect for basic rightsRespect for basic rights• Protect rights of employees, customers, and communities.Protect rights of employees, customers, and communities.• Avoid anything that threatening safety, health, education, Avoid anything that threatening safety, health, education,

and living standards.and living standards.Be good citizensBe good citizens• Support social institutions, including economic and Support social institutions, including economic and

educational systems.educational systems.• Work with local government and institutions to protect Work with local government and institutions to protect

environmentenvironment

Ethical BehaviorEthical Behavior

Ethical behavior usually refers to Ethical behavior usually refers to behavior behavior

that conforms to generally acceptedthat conforms to generally acceptedsocial norms.social norms.

Four Views of Ethical BehaviorFour Views of Ethical Behavior

Factors Influencing Ethical Managerial Factors Influencing Ethical Managerial Behavior—The Person, Organization & Behavior—The Person, Organization &

Environment.Environment.

Acceptability of Bribery Acceptability of Bribery

AcceptableAcceptable RussiaRussia ChinaChina TaiwanTaiwan South KoreaSouth Korea

UnacceptableUnacceptable

- Rest of the countries. - Rest of the countries.

The U.S., Japan, and Italy fell between the two extremes.

SOCIAL SOCIAL RESPONSIBILITYRESPONSIBILITY

The obligation of a The obligation of a business business

to contribute to societyto contribute to society

Areas of Social ResponsibilityAreas of Social Responsibility

Organizational stakeholdersOrganizational stakeholders

Natural environmentNatural environment

General social welfareGeneral social welfare

Managing Social ResponsibilityManaging Social Responsibility

Planning

Decision Making

Consideration

Evaluation

Implementing Social Implementing Social ResponsibilityResponsibility

Legal ComplianceLegal Compliance

Ethical ComplianceEthical Compliance

Philanthropic GivingPhilanthropic Giving

Regulating International Ethics and Regulating International Ethics and Social ResponsibilitySocial Responsibility

Foreign Corrupt Practices Act (FCPA)Foreign Corrupt Practices Act (FCPA)

Alien Tort Claims ActAlien Tort Claims Act

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

International Labor Organization (ILO)International Labor Organization (ILO)