By Jacek Sojka, Jacek Sójka, Johan Wempe

Increasingly businesses' stakeholders require firms to watch overseas criteria prescribed through foreign legislation, treaties, conventions, techniques, and/or codes of behavior. The papers chosen for this quantity discover 1) the moral pressures on foreign company to fulfill the demanding situations of range, 2) recommended equipment of dealing with range, and three) the demanding situations required to beat company self-interest within the look for new tools. jointly those articles replicate scholarly insights and company responses to range in foreign company, a subject of extensive curiosity in modern enterprise ethics.

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Additional info for Business Challenging Business Ethics: New Instruments for Coping with Diversity in International Business: The 12th Annual EBEN Conference

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The basic objective of the research was undertaken by means of studying the following specific objectives: 1. The role of ethics: importance, compatibility and applicability to the business sphere. 2. Definition of what is fair or morally right. 3. Bases for the foundation or legitimisation of moral decisions. 4. Moral dilemmas and perception of their social extension. 5. The role of ethics in certain business conduct; attitudes as regards sexual discrimination and respect for the environment. 6.

1967, A Concept of Corporate Strategy (Irwin, Homewood, IL). : 1965, Corporate Strategy (McGraw Hill, New York). : 1938, The Functions of the Executive (Harvard University Press, Cambridge, MA). 30 Bryan W Husted and David B. : 1986, The Puritan Origins of the American Self (Yale University Press, New Haven, CT). Bower, ]. , C. A. Bartlett, H. Uyterhoeven and R. Walton: 1995, Business Policy: Managing Strategic Processes, 8th edition (Richard D. Irwin, Chicago, IL). Burke, L. and]. Logsdon: 1996, 'How Corporate Social Responsibility Pays Off' , Long Range Planning 29, 495-502.

Discussions on ethical dilemmas with colleagues before a decision was made were encouraged. One of the reasons that this bank chose a monological approach was that the bank consists of autonomous units and so the headquarters is not able to impose strict rules on the management of these units. Coercion, Guidance and Mercifulness 39 TABLE III Main advantages and disadvantages of the dialogical approach Advantages • Values and opinions of all parties involved are included • Seeks inclusive solutions • Also attention given to the social dynamic side of ethical issues Disadvantages • Monitoring report based on process and not on outcomes • Danger of relativism • Leads to differences in behaviour, albeit accepted by the parties involved Case III: Novo Nordisk's decision about investment in China 2 In 1992 Novo Nordisk, a pharmaceutical company with 15,000 employees and headquarters in Denmark, considered starting a joint venture in China.

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