International business

Ethics and Social Responsibility in
International Business

Part I Introduction

As more and more firms engage in international business, the world economy is quickly becoming an interdependent system. The trend of expanding internationally will make more and more corporations to move their manufactures and branch offices from domestic market to foreign market. Multinational corporations have been the main agents of globalization. In order to boost the development of the global economy, most trade regulations and accountabilities have also been decreased than before. Companies have paid most attention to their profitability and productivity, creating the competitiveness is the main business goal of most corporations. However the ethics and social responsibility are very important issues they cannot ignore. The ethical perspective has been moving more and more to the forefront of social thought. And it is becoming a popular topic in international business today.

People in busin...