Provides an original account of international business ethics
grounded in cosmopolitan human rights theory Transnational
companies (TNCs) operate in a variety of political jurisdictions
and legal frameworks. As international trade and foreign direct
investment (FDI) continue to increase, TNCs based in industrialized
'home' nations are gaining enormous economic and political
influence in developing 'host' nations. Corporations operating
internationally, particularly in nations with limited regulatory
and enforcement resources, are often free to determine whether they
will follow existing laws and guidelines regarding consumer
protection, worker safety, and environmental protection. The Ethics
of Global Business provides clear and pragmatic guidance for
business leaders interested in the ethical conduct of international
business. With a cosmopolitan human rights perspective on
international business ethics, this comprehensive volume describes
modern transnational companies, explains why companies and their
leaders are responsible for company policies and practices, and
presents a conceptual framework grounded in respect for basic human
rights. Arnold addresses a wide range of central topics, such as
the role of transnational companies in global justice, the human
rights obligations of transnational companies, labor rights in
global supply chains, corporate responsibility regarding global
climate change, and exploitation and empowerment at the base of the
global economic pyramid. Presents and defends a theory of moral
legitimacy that views TNCs as agents of justice Offers an
alternative ethical conception of CSR that integrates a
cosmopolitan human rights perspective Provides critical and ethical
analysis of recent United Nations (UN) initiatives on business and
human rights including the UN tripartite framework recently
approved by the UN Human Rights Council Analyzes current Base of
the Pyramid (BoP) strategies Defends minimum standards for working
conditions in global supply chains and analyzes wage exploitation
in developing nations Demonstrates the need for ethical CSR and
morally legitimate BoP business ventures that do not exploit people
living in moderate and extreme poverty (MEP) The Ethics of Global
Business is essential reading for business leaders, policymakers,
scholars, undergraduate and graduate students, and general readers
with an interest in business ethics, global justice, human rights,
sweatshop ethics, solutions to global poverty, corporate
environmental sustainability, and global climate change as related
to transnational companies.
General
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