International Corporate Responsibility Series 2:285-302 (2005)
Given the overwhelming expansion of globalization that has reduced the entire globe to a small village, especially in international business activities, there is a pressing need to design a new paradigm of moral rules for global business, in order to take care of emerging moral exigencies in corporate activities—especially multinational activities, which have grave cross-cultural moral implications. While the international business arena has addressed this new reality by fashioning various moral orders to guideactivities in the international business scene, this paper observes that the developing countries of the world have been at the receiving end of the moral configuration of global business. This is why the responses of most developing countries to the global business moral order is predicated on resolving the apparent conflicts generated by this moral order vis-à-vis the value systems of individual countries. Specifically, the paper examines the issue of a global business moral order with particular focus on how it is faring in developing countries. It notes that in these countries, the moral order is merely a paper tiger due to its weak implementation framework, whenceits inability to make any meaningful impact in developing countries. After a critical survey of the Nigerian business terrain, this paper concludes that the global business moral order barely impacts the Nigerian situation despite the promise of better, honest, fair, and sustainable business practices implied by corporate social responsibility.
|Keywords||Applied Philosophy Business and Professional Ethics Conference Proceedings Social Science|
|Categories||categorize this paper)|
References found in this work BETA
No references found.
Citations of this work BETA
No citations found.
Similar books and articles
Business Ethics in Developing Countries.G. J. Rossouw - 1994 - Business Ethics Quarterly 4 (1):43-51.
Business Ethics in Developing Countries.Michael Schwartz - 1996 - Business Ethics Quarterly 6 (1):111-116.
Mining, Corporate Social Responsibility and the "Community": The Case of Rio Tinto, Richards Bay Minerals and the Mbonambi. [REVIEW]Paul Kapelus - 2002 - Journal of Business Ethics 39 (3):275 - 296.
Business Managers and Moral Sanctuaries.Armin Richard Konrad - 1982 - Journal of Business Ethics 1 (3):195 - 200.
Business Ethics and the Spirit of Global Capitalism: Moral Leadership in the Context of Global Hegemony.Ivan Manokha - 2006 - Journal of Global Ethics 2 (1):27 – 41.
Corporate Social Responsibility, Self-Regulation, and the Problems of Unethical Business Practices in Africa: A Case for the Establishment of a United Nations Global Business Regulatory Agency.Asolo Adeyeye Adewole - 2007 - International Corporate Responsibility Series 3:69-79.
Corporate Social Responsibility, Self-Regulation, and the Problems of Unethical Business Practices in Africa.Asolo Adeyeye Adewole - 2007 - International Corporate Responsibility Series 3:69-79.
The Moral Legitimacy of Intellectual Property Claims: American Business and Developing Country Perspectives. [REVIEW]Paul Steidlmeier - 1993 - Journal of Business Ethics 12 (2):157 - 164.
Ethics for International Business: Decision Making in a Global Political Economy.John M. Kline - 2010 - Routledge.
Global Business Ethical Perspectives on Capitalism, Finance and Corporate Responsibility: The Impact of the Global Financial Crisis of 2008. [REVIEW]G. Rossouw - 2012 - Asian Journal of Business Ethics 1 (1):63-72.
CSR Initiatives of Japanese Multinational Enterprises in a Developing Country.Mari Kondo - 2007 - Proceedings of the International Association for Business and Society 18:179-182.
Added to index2011-12-02
Total downloads25 ( #200,881 of 2,158,298 )
Recent downloads (6 months)1 ( #355,837 of 2,158,298 )
How can I increase my downloads?