Ethical conduct in operations of transnational businesses

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Learning Activity #1

In your readings on ethics in international business there were numerous examples of well-known human shortcomings experienced by transnational companies (companies operating in more than one country) such as fraud, bribery, corruption, sleaze and deception across all cultures.

In the face of such a pessimistic state of affairs, a critical question is how can we ensure companies adhere to ethical conduct in the operations of transnational businesses?

If you were developing a set of guiding principles for transnationals to consider in their ethical decision making, what are some things that you would include and why?

Learning Activity #2

In the US the ratio of CEO pay to that of ordinary workers is 500:1 or even greater. If this high ratio is objectionable, what if anything should be done about it? How should it be done? And who should do it?

Reference no: EM13841666

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