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A Socio-Economic Model for Developing Ethics Code in a Multicultural Environment
Abstract
As more and more business organizations assume global posture, the issue of what constitutes an ethical or unethical business conduct on the part of corporations and corporate officers has become a subject of intense debate without a generally accepted conclusion. This chapter proposes a socio-economic model for developing an ethics code of conduct in a global business environment. It considers the interaction between an organizational culture, leadership, and host country's national culture and sub-cultures, political system, and individual factors. It discusses the benefit and implications of such an integrative approach to ethical decision making.
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