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Moral And Business Ethics Concerning International Business And Global Labor Practices
A global business has a responsibility to establish a company code of ethics and moral standards that is to be abided by through out the company worldwide. A specific code of ethics would be business actions, specifically for managers promoting awareness of ethical issues, to ensure ethical consideration into their decision making, with emphases on human rights, personal ethics, decision making process and leadership.
Leading to widespread acceptance of human rights as a basic tool of moral evaluation is the promulgation of the United Nations Universal Declaration of Human Rights, together with the advocacy of organizations such as Amnesty International and Human Rights watch. Ethical obligation for a global enterprize is to recognize global labor practices and to follow the norms of the host country. Human rights are moral rights that apply to all persons in all nations, regardless of whether the nation in which a person resides acknowledges and protects those rights. Unlike legal rights, the existence of human rights is not contingent upon any institution. (Ethical Theory & Business p. 561)
Well-being and freedom are basic rights and the obligation to respect those rights is equally basic, therefore no labor practices may be undertaken that will violate a worker’s right to freedom and well-being. By virtue of their power and vast resources multinational enterprises are in a unique position to ensure that basic rights are respected in the workplace. They must accept responsibility and be accountable for upholding high human rights standards. (Ethical Theory & Business p. 562) Being well positioned to enhance the welfare of citizens in developing nations are multination enterprises that demonstrate respect for workers rights. Respecting employee’s rights is not incompatible with profitability. (Ethical Theory & Business p. 568)
Since the birth of the social responsibility movement in the 1960’s, business ethics has come to be considered a management discipline. Social awareness movements raised expectation of businesses to use their massive financial and social influence to address social problems such as poverty, environmental protection, equal rights, improving education crime and public health. Multinational enterprises have recognized this broader constituency, and in their planning and operations have replaced the word “stockholder” with “stakeholder”, meaning to include employees, customers, suppliers and the wider community. (Complete Guide to Ethics Management n.d.)
A global needs to establish an ethics management program to convey corporate value, using codes and policies to guide decisions and behavior. Also including extensive training and evaluating programs. This program should include principles for high ethical standards within the company such as:
Responsibility is individual rather than collective.
See their activities in terms of purpose.
Be obsessed with fairness.
Be at ease interacting with diverse internal and external stakeholder groups.
A clear vision and picture of integrity throughout the organization
Everyone is expected to work through conflicting-stakeholder value perspectives
The reward system is aligned with the vision of integrity.
Policies and practices of the organization are aligned with the vision.
It is understood that every significant management decision has ethical value dimensions.
The vision is owned and embodied by top management, over time.
By implementing the above business ethics a global enterprize would benefit by improved trust in relationships between individuals and groups, have managing ethical values in the workplace to legitimize managerial actions, will strengthen the coherence and balance of the organizations’ culture, and cultivate a greater sensitivity to the impact of the organization’s values and messages. (Complete Guide to Ethics Management n.d.)
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This intel was contributed by D. STEVENS
D. STEVENS
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May, 2012
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