Multinationals’ Responsibility in the Developing World

In Robert W. Kolb (ed.), The SAGE Encyclopedia of Business Ethics and Society: 2nd edition. Sage Publications (forthcoming)
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Abstract

This entry provides an overview of business responsibilities with regard to international development and human and social development in less developed nations. Areas of ethical concern have grown in variety and complexity as understanding of development has changed from such narrow economic treatment in the era following World War II to the present. This entry traces that growth and considers responsibilities of multinational business engaging directly with and subcontracting in the developing world, most notably in telecommunications, the extractive industries of oil, gas and minerals, and in garment manufacture. Topical consideration is given to political entanglement, corruption, warfare, non-sustainable practices and exploitation of workers. In light of these activities and topics, candidate ethical principles for multinational activity under the present global order are suggested in the final section. (Modified pre-review draft July 2016, for Robert W. Kolb, ed. The SAGE Encyclopedia of Business Ethics and Society: 2nd edition. Sage Publications. 2017. Final version substantially changed, including candidate ethical principles section removed. Corrected copies may be obtained from the author following publication, March 2017.)

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Eric Palmer
Allegheny College

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