Does Global Business Have a Responsibility to Promote Just Institutions?

Drawing upon John Rawls's framework in The Law of Peoples, this paper argues that MNEs have a responsibility to promote well-ordered social and political institutions in host countries that lack them. This responsibility is grounded in a negative duty not to cause harm. In addition to addressin...

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Bibliographic Details
Main Author: Hsieh, Nien-hê (Author)
Format: Electronic Article
Language:English
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Published: Cambridge Univ. Press 2009
In: Business ethics quarterly
Year: 2009, Volume: 19, Issue: 2, Pages: 251-273
Online Access: Presumably Free Access
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Summary:Drawing upon John Rawls's framework in The Law of Peoples, this paper argues that MNEs have a responsibility to promote well-ordered social and political institutions in host countries that lack them. This responsibility is grounded in a negative duty not to cause harm. In addition to addressing the objection that promoting well-ordered institutions represents unjustified interference by MNEs, the paper provides guidance for managers of MNEs operating in host countries that lack just institutions. The paper argues for understanding corporate responsibility in relation to the specific institutional environment in which MNEs operate.
ISSN:2153-3326
Contains:Enthalten in: Business ethics quarterly
Persistent identifiers:DOI: 10.5840/beq200919213