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The Ethics of International Business (The Ruffin Series in Business Ethics), by Thomas Donaldson
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When standards for pollution, discrimination, and salary schedules are lower in an offshore host country than they are in the home country, should multinational corporations insist on home country standards? Would using home standards imply a failure to respect cultural diversity and national integrity? What obligations, if any, do multinationals have to the people they affect indirectly? In this study, business ethicist Thomas Donaldson offers three concepts for interpreting international business ethics: a social contract between productive organizations and society, the notion of a fundamental international right, promulgated by ten specific international rights, and a moral "algorithm" to help multinational managers make tradeoffs between conflicting norms in home and host countries. He then employs these concepts in the analysis of specific problems such as the distribution of hazardous technology and South African divestment. A timely and important text for courses in international business or business ethics.
- Sales Rank: #634733 in Books
- Published on: 1991-11-28
- Original language: English
- Number of items: 1
- Dimensions: 6.13" h x .66" w x 9.19" l, .78 pounds
- Binding: Paperback
- 200 pages
Review
"[A] classic in the field....one of the few book-length treatments of moral issues in international business...for the international manager who wants a basic framework for resolving ethical issues, Donaldson provides an in-depth understanding."--Ethical Management
"Very helpful and in-depth look at the complexities of international business."--Scott B. Rae, Talbot School of Theology
"An excellent overview of an area of ethics which is emerging as one of the most vital concerns of our era. It is a welcome addition to the literature."--Albert A. Anderson, Babson College
"Perfectly suitable for my course and the only one that I have found of its kind."--Joseph M. Bearson, Eckerd College
"Maximizes the possibilities of social contract theory to locate corporations in a context of moral discourse....An appropriate blend of analytic and prescriptive moral reasoning."--Ronald Stone, Pittsburgh Theological Seminary
"Recommended for all my students and particularly for international business and business policy courses. Students need to integrate business ethics into their management frame of reference, and this book helps to do that!--Louis L. Moon, Eastern Oregon State College
"Accessible to an audience possessing little familiarity with contemporary moral theory, but it is also worth the time of moral philosophers....Provides a valuable opportunity to think about the normative impmlications of relativism."--Ethics
"Very helpful in thinking through the complex world of international business practices and cultures."--Walter D. Scott, Kellogg Graduate School of Management
"Very useful."--Robert S. Inglis, Palm Beach Atlantic College
"Well-written, very good."--Rotgert E. Drive, Houston Baptist University
From the Back Cover
Business ethicist Thomas Donaldson offers three concepts for interpreting international business ethics: a social contract between productive organizations and society, the notion of a fundamental international right, promulgated by ten specific international rights, and a moral 'algorithm' to help multinational managers make tradeoffs between conflicting norms in home and host countries.
About the Author
Donaldson is a Professor of Legal Studies and Director of the Wharton Ethics Program at The Wharton School, University of Pennsylvania.
Most helpful customer reviews
4 of 4 people found the following review helpful.
Difficult, but rewarding
By Janet K. Marta
I use this book in a graduate class in international business. MBA students struggle with it, and I have to teach pretty actively in order to identify the core argument for them. But they eventually understand it, and many find it the most rewarding book they read in the class.
The structure of Donaldson's reasoning is beautiful, and the algorithm gives useful guidance toward RESOLVING ethical dilemmas in international business. Donaldson believes businesses have ethical responsibilities in international settings, but what they are isn't always obvious. The context matters, for this author; neither transporting American ethics abroad nor "doing what the Romans do while in Rome" works properly.
Besides his ethical algorithm (specific guidance for resolving ethical dilemmas), Donaldson contributes a list of 10 "fundamental international rights" and the duties they imply for multinational corporations. An important book in the field, and very satisfying.
0 of 0 people found the following review helpful.
Hard Read
By B. Marsh
I bought this for an International Business class I am taking and I my grade did not require me to read this book I wouldn't have. Instead of writing a book he should have written a 10-20 page article in the business journal. Most of each chapter is regurgitated a few times and he never really gets to a point. There is something to be said to teach and not write.
0 of 0 people found the following review helpful.
Dense book, take the time to really read it.
By Minute Man
This is one of the seminal works on ethics in the setting of international business. There is a great deal to think about in this book, but it is manageable if you take the time to read it and preferably discuss it with subject matter experts and other peers.
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