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Ethical Dilemmas for Large Corporations in Under-developed Countries

In: The Role of Large Enterprises in Democracy and Society

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  • Philip Booth

Abstract

The purpose of this chapter is to identify moral and ethical dilemmas that large corporations might encounter when operating in underdeveloped countries — particularly when those countries have a poor institutional environment. The chapter is not designed to condemn what some might regard as unethical behaviour; and it is also not designed to excuse unethical behaviour by large corporations on utilitarian grounds. The first objective is to provide an economic context for actions that businesses may take, which some might dismiss as being unethical because of their first-round economic consequences. Second, the chapter highlights genuine ethical dilemmas that are not necessarily easily resolved, and which do not arise as a result of the actions of the firms themselves but rather as a result of the environment in which they are operating. The chapter is written largely from a Roman Catholic perspective. However, the Catholic aspects of the chapter generally relate to principles and ideas that are shared by all Christians.

Suggested Citation

  • Philip Booth, 2010. "Ethical Dilemmas for Large Corporations in Under-developed Countries," Palgrave Macmillan Books, in: Barbara Fryzel & Paul H. Dembinski (ed.), The Role of Large Enterprises in Democracy and Society, chapter 9, pages 99-116, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-28313-8_9
    DOI: 10.1057/9780230283138_9
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