IDEAS home Printed from https://ideas.repec.org/a/cup/buetqu/v10y2000i01p343-352_00.html
   My bibliography  Save this article

Globalization and the Failure of Ethics

Author

Listed:
  • Velasquez, Manuel

Abstract

As the 21st century breaks upon us, no ethical issues in business appear as significant as those being created by the rapid globalization of business. Globalization has created numerous ethical problems for the manager of the multinational corporation. What does justice demand, for example, in the relations between a multinational and its host country, particularly when that country is less developed? Should human rights principles govern the relations between a multinational and the workers of a host country, and if so, which principles are the correct ones? How should a multinational deal with a government in which corruption is rife? What are the ethical considerations involved in determining whether and how to transfer a risky technology to a country whose people may not be able to safely absorb that technology? What kind of labor and environmental standards should a multinational adopt when operating in a country whose government legislates only very low standards?

Suggested Citation

  • Velasquez, Manuel, 2000. "Globalization and the Failure of Ethics," Business Ethics Quarterly, Cambridge University Press, vol. 10(1), pages 343-352, January.
    • Handle: RePEc:cup:buetqu:v:10:y:2000:i:01:p:343-352_00
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S1052150X00000749/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Davide Fiaschi & Elisa Giuliani, 2011. "The impact of business on society: exploring CRS adoption and alleged human rights abuses by large corporations," LEM Papers Series 2011/13, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    2. Lindsay Thompson, 2010. "The Global Moral Compass for Business Leaders," Journal of Business Ethics, Springer, vol. 93(1), pages 15-32, June.
    3. Elisa Giuliani, 2016. "Human Rights and Corporate Social Responsibility in Developing Countries’ Industrial Clusters," Journal of Business Ethics, Springer, vol. 133(1), pages 39-54, January.
    4. Susan Harmeling & Saras Sarasvathy & R. Freeman, 2009. "Related Debates in Ethics and Entrepreneurship: Values, Opportunities, and Contingency," Journal of Business Ethics, Springer, vol. 84(3), pages 341-365, February.
    5. Sven Horak, 2018. "Join In or Opt Out? A Normative–Ethical Analysis of Affective Ties and Networks in South Korea," Journal of Business Ethics, Springer, vol. 149(1), pages 207-220, April.
    6. Silviya Dimitrova, 2017. "Ethical Issues in Multinational Companies' Business," Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, Union of Scientists - Varna, Economic Sciences Section, issue 1, pages 224-236, November.
    7. Muel Kaptein, 2017. "The Battle for Business Ethics: A Struggle Theory," Journal of Business Ethics, Springer, vol. 144(2), pages 343-361, August.
    8. Muhammad Rhies Khan & Mustaghis-Ur Rahman & Anita Laila & Ali Gohar & Sana Azhar, 2023. "Maintaining Business Ethics during COVID-19 Pandemic in Globalized World: A Comparison of Ethical Theories and Future Research Perspective," Journal of Economic Impact, Science Impact Publishers, vol. 5(1), pages 42-49.
    9. Samir Shrivastava & Robert Jones & Christopher Selvarajah & Bernadine Gramberg, 2016. "Organisational Justice: A Senian Perspective," Journal of Business Ethics, Springer, vol. 135(1), pages 99-116, April.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:buetqu:v:10:y:2000:i:01:p:343-352_00. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/beq .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.