MGC2120 Chapter Notes - Chapter 5: Foreign Corrupt Practices Act, Business Ethics, Leon Sullivan

• School: Monash University
• Department: Management
• Course: MGC2120
• Professor: Dr Lakmal Abeysekera

Document Summary

International business chapter 5 ethics in international business. Environmental pollution typical of the allegations were those detailed in a 48 hours program that aired in 1996. Painted a picture of young women who worked with toxic material. It is not ok for a mne to tolerate poor working conditions in its foreign operations. Firstly, leon sullivan argued that the company should not obey the apartheid laws in its own south african operations. Secondly, the company should do everything within its power to promote the abolition of apartheid laws. Has been the problem in almost every society in history. Government ministers are criminally charged, one committed suicide, fell in disgrace. The convention on combating bribery of foreign public officials in. International business transactions made the bribery of foreign public officials a criminal offense. Corruption reduces the returns on business investment and leads to low eco growth. Ethical dilemmas where the appropriate course of action is not clear.