Indeed, most nations’ laws end at their borders and, as a result, so does any power behind enforcing each nation’s international business ethics code. Follow the link for more information on the problems facing the enforcement of international business ethics. The only body which can legitimately exert some kind of power over international governance is the United Nations, but its power is very much limited. Other than that, no government can implement some kind of law to enforce international business ethics and then expect that law to be obeyed by all other nations.
With legal scandals concerning insider trading and employee theft making the news, it is no wonder that businesses are increasingly giving attention to the ethical basis of their business and how to lead in an ethical way. At the end of the 20th century, public confidence in a corporation’s https://www.wikipedia.org/ ability to self-govern was low. A number … Read More