The Ethics of Global Business by Denis G. Arnold (English) Paperback Book

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Provides an original account of international business ethics grounded in cosmopolitan human rights theory Transnational companies (TNCs) operate in a variety of political jurisdictions and legal frameworks. As international trade and foreign direct investment (FDI) continue to increase, TNCs based in industrialized 'home' nations are gaining enormous economic and political influence in developing 'host' nations. Corporations operating internationally, particularly in nations with limited regulatory and enforcement resources, are often free to determine whether they will follow existing laws and guidelines regarding consumer protection, worker safety, and environmental protection. The Ethics of Global Business provides clear and pragmatic guidance for business leaders interested in the ethical conduct of international business. With a cosmopolitan human rights perspective on international business ethics, this comprehensive volume describes modern transnational companies, explains why companies and their leaders are responsible for company policies and practices, and presents a conceptual framework grounded in respect for basic human rights. Arnold addresses a wide range of central topics, such as the role of transnational companies in global justice, the human rights obligations of transnational companies, labor rights in global supply chains, corporate responsibility regarding global climate change, and exploitation and empowerment at the base of the global economic pyramid. Presents and defends a theory of moral legitimacy that views TNCs as agents of justiceOffers an alternative ethical conception of CSR that integrates a cosmopolitan human rights perspectiveProvides critical and ethical analysis of recent United Nations (UN) initiatives on business and human rights including the UN tripartite framework recently approved by the UN Human Rights CouncilAnalyzes current Base of the Pyramid (BoP) strategiesDefends minimum standards for working conditions in global supply chains and analyzes wage exploitation in developing nationsDemonstrates the need for ethical CSR and morally legitimate BoP business ventures that do not exploit people living in moderate and extreme poverty (MEP)The Ethics of Global Business is essential reading for business leaders, policymakers, scholars, undergraduate and graduate students, and general readers with an interest in business ethics, global justice, human rights, sweatshop ethics, solutions to global poverty, corporate environmental sustainability, and global climate change as related to transnational companies.

FORMATPaperback LANGUAGEEnglish CONDITIONBrand New Flap

The Ethics of Global Business is a timely and original account of international business ethics, providing business leaders with the conceptual framework and practical guidance needed to create and implement ethical practices and policies. Viewing transnational companies as agents of justice, author Denis G. Arnold presents an alternative, morally legitimate conception of Corporate Social Responsibility (CSR) that is grounded in Cosmopolitan Human Rights theory. Throughout the text, the author defines and defends ethical CSR and Base of the Pyramid (BoP) strategies that respect basic human rights across the global supply chain, particularly people living in moderate and extreme poverty (MEP) in developing economies. Chapters address key topics including the role of transnational companies in global justice, the human rights obligations of transnational companies, wage exploitation in developing nations, recent United Nations (UN) initiatives on business and human rights, and approaches for empowering those at the bottom of the global economic pyramid. Essential reading for all transnational business leaders, The Ethics of Global Business is also a valuable resource for policymakers, scholars, undergraduate and graduate students, and general readers with an interest in business ethics, global justice, human rights, sweatshop ethics, solutions to global poverty, global climate change, and corporate environmental sustainability.

Author Biography

DENIS G. ARNOLD is the Jule and Marguerite Surtman Distinguished Professor of Business Ethics at the Belk College of Business, University of North Carolina at Charlotte, USA. His research has appeared in journals such as the Journal of International Business Studies, Business Ethics Quarterly, and the Journal of the American Medical Association. Dr. Arnold served a five-year term as Editor-in-Chief of Business Ethics Quarterly and is a past President of the Society for Business Ethics.

Table of Contents

1 Ethics and Transnational Companies 1 2 Global Justice and International Business 13 3 Human Rights Cosmopolitanism 29 4 The United Nations Business and Human Rights Framework 45 5 On the Division of Moral Labor for Human Rights Between States and Corporations 75 6 Labor Rights in Global Supply Chains 85 7 Corporate Social Responsibility at the Base of the Pyramid with Andrew Valentin 103 8 The Paradox at the Base of the Pyramid: Environmental Sustainability and Market-Driven Poverty Alleviation with Laura H.D. Williams 129 References 141 Index 157

Details ISBN140513478X ISBN-10 140513478X ISBN-13 9781405134781 Format Paperback Media Book Series Foundations of Business Ethics Imprint Wiley-Blackwell DEWEY 174.4 Language English UK Release Date 2023-03-17 Pages 176 AU Release Date 2023-03-17 NZ Release Date 2023-03-17 US Release Date 2023-03-17 Author Denis G. Arnold Year 2023 Publication Date 2023-03-17 Publisher John Wiley and Sons Ltd Place of Publication Hoboken Audience Professional & Vocational Alternative 9781405134774 Country of Publication United Kingdom We've got this

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