class 3 ethical leadership in international business

8/6/2019 Class 3 Ethical Leadership in International Business

1/21

Ethical Leadership in

InternationalBusiness


2/21

ETHICAL DECISION

MAKING IN BUSINESS


3/21

Utility

Does it optimize the satisfaction of all?

Rights

Does it respect the rights of individualsinvolved?

Justice

Is it consistent with the canons of justice, laws

or company policy?

Are there any overriding factors?


4/21

A Businessmans Personal

Responsibility Annual Meeting with Corporate Attorney

Rollout to all Employees

Signed Agreement on Understanding of

Ethical Behavior

Agreement Filed with Human Resources and

Legal


5/21

A Businessmans Personal

Responsibility Personal conduct

Privacy of information

Unauthorized voice or

data communications Conflict of interest

Inside information and

securities investment


6/21

Copyrighted works and

proprietary information

Espionage and

sabotage Company records and

company property

Fair competition and

antitrust laws

Government classified

information Export control laws

Foreign economic

boycotts

Company funds


7/21

The Media and Its Effect on

Business Philippines

TV coverage of troops leaving

Joint venture decision at board

Vietnam

US Embargo on all business

MIA team in country

Secret task force of businessmen


8/21

PRC

Joint venture discussions-2 years

Tiananmen Square-TV event

Decision on pulling out

Turkey

Joint venture partner selected

Financial crisis in local press

Largest competitor-Chapter 11

Palestine

US Govt. and business together

Peace process falls apart

Largest competitor in discussions


9/21

International Ethics Cases in 10Countries


10/21

Taiwan

Successful Joint Venture

Need for Local Supplier

Managing Director Chooses Relative

Keep the Business in the Taiwan Family


11/21

Thailand

Successful Sales Operation Successful Agent

Thailand Stock Market like Gambling

No SEC or Similar Controls Agent Gives Managing Director Tips to

Succeed in Stock Trades


12/21

Italy

Government Encourages Local Acquisition ofCompany

Negotiations Go on for Months

Chief German Competitor Sends Funds to

Political Party

American Companies Cannot Make Similar

Contributions


13/21

Russia

Successful Services Joint Venture in Moscow

Additional Local Personnel Must be Hired

Russian Management Hires Relatives First


14/21

Ukraine

Joint Venture Proposed in Odessa

Initial Payments Collected from Customers

Bank Selected by Ukrainian Partners

Money Laundering Occurs Through Our

Accounts


15/21

Korea

Long-standing Joint Venture with MajorCompany

Joint Factories and Joint Supply Warehouse

Korean Company Uses USA Components in

Korean Equipment

Equipment Shipped to Embargoed Country


16/21

Hong Kong

Chinese Salesmen Have Company Car

Company Car is Part of Sales Compensation

Car Given to Wife as a Perk forPersonal Use

During the Week


17/21

Poland

Telecom Acquisition Encouraged by PolishGovernment

First Three Countries in Market Join a Cartel

Collaboration is to Protect Geography Pricing is Key Issue to Discuss or Not to

Discuss


18/21

Ghana

All Business Involves the Use ofAgents

Agent Fees are Out of Range

Advice from US Ambassador and Commerce

Department


19/21


20/21

Ethical Standards Tested Every Day

Have to Take a Stand Based on Your

Personal Ethics

Tested Every Day by Decisions YourPeople

Make Foreign Corrupt Practice is Rule of Law


21/21

class 3 ethical leadership in international business

Documents