Policing Transnational Commerce: Global Awareness in the Margins of Morality
Transnationals operate in what may be called the margins of morality because the historical, cultural, and governmental mores of the world's nation-states are not uniform. There is a gray area of ethical judgment where the standards of the transnational's home country differ substantially...
| Main Author: | |
|---|---|
| Format: | Electronic Article |
| Language: | English |
| Check availability: | HBZ Gateway |
| Journals Online & Print: | Drawer...
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| Fernleihe: | Fernleihe für die Fachinformationsdienste |
| Published: |
Springer Science + Business Media B. V
2001
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| In: |
Journal of business ethics
Year: 2001, Volume: 30, Issue: 1, Pages: 17-27 |
| Further subjects: | B
Institutional Theory
B Ethics B Transnational B Media B Watchdogs B Labor |
| Online Access: |
Volltext (JSTOR) Volltext (lizenzpflichtig) |
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| 520 | |a Transnationals operate in what may be called the margins of morality because the historical, cultural, and governmental mores of the world's nation-states are not uniform. There is a gray area of ethical judgment where the standards of the transnational's home country differ substantially from those of the host country. Following the argument of institutional theory in providing stability and meaning to social behavior, in matters of moral conduct the transnational is likely to yield to at least four policing authorities: (1) itself, in terms of the integrity of its management and by decision-making that follows its own code of ethics, (2) other corporations within its competitive set, (3) governmental agencies including those of the host country, and (4) public exposure, which includes the media as well as non-governmental agencies such as offshore watchdog groups. The fourth mechanism, public exposure, is thought to be the most effective in policing transnational conduct. | ||
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