The Possibility of Global Business Ethics Policy
Ucar, Suzan (2017)
Tampereen ammattikorkeakoulu
2017
All rights reserved
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2017120820335
https://urn.fi/URN:NBN:fi:amk-2017120820335
Tiivistelmä
The purpose of this study was to gather information on the unethical procedures that multinational corporations perform. The main research question was: is it possible to conduct a global business ethics policy? Multinational corporations are taking their manufacturing to Third world countries where laws regarding labour are law or non-existent. Typically, businesses take advantage of this situation and treat their employees unfairly depending on location. This study looked into ethics policies in general and tried to identify reasons for unethical actions.
The data were collected via various books, articles and journals. Secondary data was mainly used because of the type and the scope of the research. Analysis were based on various sources and real-life examples.
The study found out the similarities in processes of multinational companies. Most of the MNCs used cheap labour and lax laws in their advantage for cost cutting without caring about employee rights. There were a lot of debate whether a company should be held responsible for its supplier’s actions but the majority expects them to. There are international unions which seek for global policies and those have been efficient in one way or another.
The findings indicate that the need for global ethics policy in business environment is unquestionable. Increased speed of information enables people to find out news immediately when they happen even if it was on the other side of the world. MNC employ millions of people across the globe and they are connecting to share their experiences and demanding fair treatment. Conducting a global business ethics policy can be a challenge but not impossible, auditing it properly, objectively will require a notable amount of work in this world where corruption has become an enemy impossible to defeat.
The data were collected via various books, articles and journals. Secondary data was mainly used because of the type and the scope of the research. Analysis were based on various sources and real-life examples.
The study found out the similarities in processes of multinational companies. Most of the MNCs used cheap labour and lax laws in their advantage for cost cutting without caring about employee rights. There were a lot of debate whether a company should be held responsible for its supplier’s actions but the majority expects them to. There are international unions which seek for global policies and those have been efficient in one way or another.
The findings indicate that the need for global ethics policy in business environment is unquestionable. Increased speed of information enables people to find out news immediately when they happen even if it was on the other side of the world. MNC employ millions of people across the globe and they are connecting to share their experiences and demanding fair treatment. Conducting a global business ethics policy can be a challenge but not impossible, auditing it properly, objectively will require a notable amount of work in this world where corruption has become an enemy impossible to defeat.