A Global Approach towards Teaching Ethics in International Business

Author(s):  
Hussain G. Rammal

The areas of ethics and social responsibility have increasingly become important in the study of international business and are now covered at the undergraduate and postgraduate levels. While the introduction of ethical theories and responsibilities of corporations within the subject matter has helped create awareness of ethical issues faced by managers in the global marketplace, the current body of knowledge focuses mainly on the Western perspective. This chapter extends the ethical perspective to non-Western philosophies and covers the teachings and ideologies of Confucianism, Gandhism and Islam. These philosophies describe the ethical and moral values that help can explain the decision-making behavior of managers in China, India and many Muslim countries. These suggested codes of ethics are relevant for both students and academics, especially in light of the increasing number of acquisitions by firms from emerging economies.

2016 ◽  
Vol 6 (10) ◽  
pp. 47
Author(s):  
Shivneil Kumar Raj ◽  
Sandhiya Roy

<p>Decisions are made daily in businesses and individuals do encounter situations where they are faced with ethical issues. The subject is how one evaluates whether an act is ethical or unethical. This research article discusses real life ethical dilemmas that could be faced in accounting or business environment and applicability of various theories of ethics that were taught in accounting theory course in the undergraduate accounting program. The researcher employs a number of case studies highlighting the stories related to ethics that have been experienced in the past working life. Teleological and deontological theories are being used to explain how one could identify that a particular act is ethical or unethical. The work of accountants requires them to maintain high level of ethics to ensure integrity of the profession.  </p>


2021 ◽  
Vol 16 ◽  
pp. 91-108
Author(s):  
Danutė Bacevičiūtė

This article opposes the attempts to marginalize ethical issues and defend the thesis of technosphere as an autonomous phenomenon in the Anthropocene. The author points out that by evading the question of ethical perspective and responsibility, the technological activity and its trace are naturalised, and any ethical decision is therefore turned into a technical decision. The comparison of the positions of two philosophers of technology (Hans Jonas and Bruno Latour) enables us to reflect on how technology mediates the constitution of the subject of responsibility in the tension of global and local perspectives. The article shows that Jonas’ “heuristics of fear” leads to the conscious practice of asceticism and the collective control of technical power, while Latour leaves open a possibility of talking about the shared action of a multitude of hybrid actors, in which both the ethical solution is already “contaminated” with the technical and the technical solution retains the trace of the ethical. By using the example of the reverse vending machine, it is shown how ethical motivation is inscribed into technical media, which uses the technological accumulation to link global and local perspectives for environmental purposes.


Author(s):  
Małgorzata M.E. Czerny

The article introduces religion as a source of Muslim ethics and shows how it is shaping the system of Islamic accounting and the ethical behaviour of Muslim accountants. Cultural differences are an increasingly important factor to be taken into account in running a business. They are also the subject of scientific research, for example, in the context of their impact on the development of accounting systems in various cultural circles. The relevant reference literature and the Qur’an were used for qualitative analysis carried out by means of induction and deduction methods.The analysis conducted indicates that although the scope of ethical codes in Muslim and non‑Muslim countries is very similar, in the case of Islam, its message is strengthened by religion seen as a source of law as well as professional ethics. This means that the legal sanctions envisaged for breaking the rules are accompanied by the fear of being excluded from the community and losing an opportunity for salvation. This article can fulfill an informative role, allowing the reader to understand the reasons for some differences in perceiving ethical issues and the way of doing business in different cultural circles.


2021 ◽  
Vol 2 (1) ◽  
pp. 23-32
Author(s):  
Peter S. Henne

There are very serious ethical and pragmatic issues in the quantitative and security study of Muslims. From an ethical perspective, many of these studies denigrate and stereotype Muslims. They also treat them as a problem to be solved, justifying and expanding US power. Pragmatically, it can be hard to collect detailed data on security issues in many Muslim countries, making conventional studies difficult. Yet, standard approaches to these problems are faulty. We cannot abandon positivist analysis, as well-done quantitative studies are actually the best tools we have to push back on negative stereotypes of Muslims. At the same time, we cannot ignore important security topics among Muslim states just because the data we have available is not ideal. Instead, I present a two-pronged approach that can address these issues without ignoring crucial aspects of international relations; scholars should follow best methodological practices to avoid ethical issues, and adopt new standards and novel tools to deal with imperfect data.


2011 ◽  
Vol 4 (1) ◽  
Author(s):  
Connie B. Budden ◽  
Michael C. Budden

Increasingly, managers and employees are facing ethical issues when conducting business in the global marketplace. Business educators attempting to teach appropriate ethical behavior and develop skills for dealing with complex ethical situations need to incorporate realistic case scenarios to challenge students.  Such cases should appropriately address personal, corporate and international and cultural issues students are likely to face.  This paper presents realistic cases that have been used to teach ethical decision-making in international business classes.


Author(s):  
Alice Mazzucchelli ◽  
Roberto Chierici ◽  
Angelo Di Gregorio ◽  
Claudio Chiacchierini

AbstractSocial networks are a driving force of digital transformation and offer firms the opportunity to market products and services to both international consumers and providers, establish durable relationships with them, and improve their own competitiveness. The study analyzes the role played by the use of Facebook for online advertising, building interaction and brand communities, implementing social CRM activities, and conducting market research, as well as a sales channel alternative to physical presence, in firms’ international export performance, both in terms of managers’ perceptions and Facebook buy button conversion rate. A survey-based empirical analysis of 105 fashion firms operating worldwide was conducted. The results of multiple regression analyses show that building conversations and brand communities positively affects international export performance, while advertising via Facebook yields mixed results. By comparing firms that have a physical presence with those that do not, the former turned out to benefit from especially in-store advertising and promotions to enhance their Facebook buy button conversion rate; while the latter can improve their performance mainly by adopting outdoor and transit advertising and digital marketing. The research contributes to the existing body of knowledge on social media marketing and international business and, by adopting a firm-level perspective, provides interesting insights for practitioners since it allows to understand how to develop an effective Facebook strategy to succeed in foreign markets.


SAGE Open ◽  
2016 ◽  
Vol 6 (4) ◽  
pp. 215824401667137 ◽  
Author(s):  
Daud A. Mustafa ◽  
Hashir A. Abdulsalam ◽  
Jibrail B. Yusuf

Islamic economics, as part of the Islamic body of knowledge, has emerged as a new social science discipline that has gained currency and recognition in various institutions of higher learning in the contemporary Muslim world. Different sources of Islamic knowledge have significantly contributed to shape its evolution and development. The Islamic legal maxims, however, do not seem to have received much attention in terms of their contextualization in the present economic thinking. Using the content analysis approach, this article examines the relevance of qawā‘id al-fiqhiyyah, placing emphasis on the five normative maxims and some of their variants, to the understanding of Islamic economics. The aim is to assess their relevance to Islamic economic life and their contextualization within time and space. It was found that qawā‘id al-fiqhiyyah significantly contributes to the understanding of Islamic economics as a discipline in the Islamic tertiary educational pursuits. They help to understand certain economic theories from the Islamic ethical perspective. Therefore, it is concluded that if Muslim social scientists, especially, Muslim economists, embrace and pursue this branch of fiqh with an utmost concern and commitment, it would facilitate a better appreciation of economic theories from the Islamic perspective.


2020 ◽  
Vol 2 (2) ◽  
pp. 90-105
Author(s):  
Zubaidi Wahyono ◽  
Mohd Abbas Abdul Razak

Tourism has now become an important source of revenue for many countries in the world. The spillover from this booming and lucrative industry impacts positively the other sectors of the national economy in those countries. This situation is not only true in the advanced countries of the world, but also in the Muslim world. In this present study on Islamic tourism the researchers intend to investigate the definition, destination, purpose and ethical issues related to Islamic tourism. Very particularly, the study will focus on the situation in three of the Muslim countries situated in the region of Southeast Asia; namely Malaysia, Indonesia and Brunei. Driven by the passion to study on Islamic tourism, the researchers are interested to know the guiding principles set in these countries in contrast to others in the region. Apart from the crux of the investigation, on the peripheral, this study will also look into the topic of tourism from the Islamic ethical dimension, mainly referring to the Qur’an and Sunnah. As a qualitative study, the researchers will employ the library research approach in collecting the pertinent data related to the study. By using the textual-analysis method they will scrutinize data collected from online and print materials. It is hoped that this modest research can be a contribution in advancing Islamic tourism in the Malay Archipelago and elsewhere in the world. From this study, it could discovered initially that Islamic tourism is a huge opportunity for the Muslims in the region to develop further to tap the industry as well as to introduce the region with Muslim majority to the world. Enormous efforts have been done to promote and to develop the religious tourism in the region along with the conventional tourism generally and it had achieved significant results by attaining the top place in Islamic tourism industry. However a lot of works should be done such as the lack of standard facilities and promotions as well as the regional coordination in order to bring the religious industry to another level. It is necessary to expand the niche of Islamic tourism which is still below 20 percent out the conventional tourism industry largely.


2021 ◽  
Vol 36 (4) ◽  
pp. 7-17
Author(s):  
Wiktor Wolman

The article is a part of the broad current of the philosophy of responsibility. It analyses and describes the basic elements of human activity in the anthropological and ethical perspective. A particular feature discussed in the article is selflessness, which is analysed in the perspective of the main ethical currents. In personalistic philosophy, responsibility and selflessness result from the will, whereas in deontological philosophy they result from the moral norm adopted by the subject. The concept that describes the nature and fundamental elements of an act is the theory of supererogatory act. According to it, a selfless act is a free, conscious act resulting from the realization of a norm immanent to the subject.


2015 ◽  
Vol 5 (6) ◽  
pp. 1-10
Author(s):  
Joseph J. French ◽  
Michael Martin ◽  
Garth Allen

Subject area International Business, Ethics, International Legal Issues/Law, Environmental Management. Study level/applicability Upper-level undergraduates and graduate students. The case is appropriate for courses in International Law, Ethics, International Business and Strategy. Case overview This case is inspired by current ethical, legal, social and environmental issues that have plagued the multinational mining industry in frontier markets. The case focuses on a multitude of legal, ethical and strategic issues involving the multinational mining industry. This case describes a hypothetical assignment facing an operations manager at the fictional Minera, Inc. The assignment revolves around several dilemmas a manager must confront as he attempts to secure valuable mining licenses from the Mongolian Government while simultaneously attempting to harmonize seemingly detrimental operating practices with the organizations' stated beliefs. The case provides detailed background information on the social, economic and political climate in Mongolia, as well as the applicable laws, ethical frameworks and competitive market considerations facing multinational mining organizations. Expected learning outcomes This case will help students understand the complexity of international business in frontier markets; identify key international legal issues such as the foreign corrupt practices act; and recognize ethical issues and formulate economically, strategically, ethically and legally sound courses of action in complex environments. Supplementary materials Teaching notes are available for educators only. Please contact your library to gain login details or email [email protected] to request teaching notes.


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