Business Ethics
In Donaldson's Values in Tension: Ethics Away From Home, he describes a policy
that was standard at home, but unsuccessful elsewhere. In one example, the manager of a
U.S. company in China caught one of the employees stealing. By following the company's
practice and turning the employee over to the authorities, which was the right thing
to do according to our values. The employee was executed because he was
judged based on China's political, legal, and ethical codes, while to us (Americans)
the punishment did not fit the crime.
While many cultures believe in some variation of "The Golden Rule", there really is
no detailed international standard of business conduct. U.S. firms should, at the very least
establish company policies that take into consideration the principles of different cultures.
There is clearly a balancing act to develop policies that define the ethics of the
corporation, while understanding that codes of conduct vary......
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