Economic Imperatives and Ethical Values in Global Business: The South African Experience and International Codes Today

Economic Imperatives and Ethical Values in Global Business: The South African Experience and International Codes Today

by S. Prakash Sethi
     
 

ISBN-10: 0268027625

ISBN-13: 9780268027629

Pub. Date: 09/01/2001

Publisher: University of Notre Dame Press

This book undertakes an in-depth study and a systematic analysis of the workings of the Sullivan Principles and their impact on: (a) the operations of the US corporation in South Africa; (b) the process of the dismantling of apartheid and creation of a non-racial, democratic government in South Africa; and (c) the actions of multinational corporations from other…  See more details below

Overview

This book undertakes an in-depth study and a systematic analysis of the workings of the Sullivan Principles and their impact on: (a) the operations of the US corporation in South Africa; (b) the process of the dismantling of apartheid and creation of a non-racial, democratic government in South Africa; and (c) the actions of multinational corporations from other countries and large South African corporations in emulating the behavior of US multinational corporations and thereby enlarging their impact through a multiplier effect.

The over-arching objective of this book is to learn from the experience of the Sullivan Principles, and interpret how this experience might be translated into developing 'rules of the game' and 'codes of business ethics' as large multinational corporations continue to confront the issues of human rights, living and working conditions of workers in their overseas manufacturing operations, and where there is constant pressure on the corporations to pay more attention to environmental protection, sustainable growth, and preservation of biodiversity. Furthermore, the ethical conduct of multinational corporations and transparency in their dealings with important stakeholders is an increasing concern.

The authors bring to this analysis their combined experience of over more than fifteen years working with business corporations, non-governmental organizations, and other segments of the anti-apartheid movement in South Africa during the formulation and implementation of the Sullivan Principles. In addition, they have been engaged in extensive research, teaching, and consultation on various aspects of business ethics and global codes of conduct. Theanalytical framework created by the authors will help multinational corporations to understand societal expectations of business within a normative, economic, and contextual framework, and to evaluate the likelihood of success or failure of various strategic options and implementation formats that might be available for use in a given situation.

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Product Details

ISBN-13:
9780268027629
Publisher:
University of Notre Dame Press
Publication date:
09/01/2001
Series:
John W. Houck Notre Dame Series in Business Ethics
Edition description:
New Edition
Pages:
423
Product dimensions:
6.28(w) x 9.32(h) x 1.11(d)

Table of Contents


    List of Acronyms
    Foreword
    Preface

    Part I: The Setting
    Chapter 1: A Multinational Code of Conduct for South Africa
    Chapter 2: The Emergence of the Anti-Apartheid Movement
    Chapter 3: The First Step toward Implementation
    Chapter 4: Shaping the Organization
    Chapter 5: Measuring Progress

    Part II: The Sullivan Principles in Action
    Chapter 6: Eli Lilly & Company, Inc
    Chapter 7: Ford Motor Corporation of South Africa
    Chapter 8: Raising the Ante
    Chapter 9: European and Other Codes of Conduct for the Companies Operating in South Africa
    Chapter 10: Corporate Compliance with the Sullivan Principles

    Part III: Conflicting Forces
    Chapter 11: The Comprehensive Anti-Apartheid Act of 1986
    Chapter 12: The Anti-Apartheid Movement and Its Impact on United States Companies to Withdraw from South Africa

    Part IV: The End Game
    Chapter 13: Stampeding toward the Exit
    Chapter 14: Repeal of the Comprehensive Anti-Apartheid Act of 1986
    Chapter 15: The Rocky Road to Post-Apartheid South Africa

    Part V: Epilogue
    Chapter 16: Assessment of the Sullivan Principles As a Role Model for Developing International Codes of Conduct

    About the Authors
    Bibliography
    Index

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