Just Business Practices in a Diverse &

In a world unbalanced by extensive poverty, divided by conflicting interests and contrasting moral traditions, and vulnerable to environmental degradation, what difference can international businesses make? This book of essays addresses this urgent concern from a number of angles.Three initial essays consider ways of arriving at common ethical positions while still respecting diverse local cultural traditions. The next set of essays examines the emergence of morally responsible business practices in globally diverse contexts, particularly in developing areas. While considering the inherent tensions between moral ideals and contingent realities, the last set of essays discuss topics such as the transfer of technologies and the reduction of poverty where responsible practices are still being debated.

Frederick Bird holds the Concordia University (Montreal) Research Chair in Comparative Ethics. Manuel Velasquez is the Charles J. Dirksen Professor of Business Ethics and Professor of Management at Santa Clara University.

Preface

vii

Foreword by Dr Kirk Hanson

x

List of Contributors

xii

Introduction

xiv

Frederick Bird and Manuel Velasquez

Part I Searching for Common Standards in a Morally Diverse World

1

(70)

Introduction

3

(68)

Frederick Bird and Manuel Velasquez

1 Natural Law in International Business Ethics

11

(26)

Manuel Velasquez

2 Justice in International Businesses

37

(36)

Frederick Bird

Part II Global Perspectives on Corporate Social Responsibility

71

(126)

Introduction

73

(124)

Frederick Bird and Manuel Velasquez

3 Pursuing Corporate Social Responsibility in Changing Institutional Fields

81

(28)

Joseph Smucker

4 Toward a Political Ethic for International Businesses

109

(28)

Frederick Bird

5 Global Initiatives to Promote Corporate Social Responsibility in the Mining Sector

137

(20)

Hevina S. Dashwood

6 Fostering Social Responsibility in Businesses: The Rote of Ethical Auditing

157

(25)

Frederick Bird

7 Monitoring Labour Conditions of Textile Manufacturing: The Work of COVERCO in Guatemala

182

(17)

Sylvie Babarik

Part III Acting Responsibly in the World As It Is and As We Hope It Will Become

197

(95)

Introduction

199

(66)

Frederick Bird and Manuel Velasquez

8 Perspectives on Global Poverty

204

(37)

Frederick Bird

9 Theological Responses to Economic Globalization

241

(24)

Russell Daye

10 Markets, Development and Equity: Lessons from South Korea

265

(27)

Joseph Smucker

Index

292

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Just Business Practices in a Diverse & Developing World Essays on International Businesses and Global Responsibilities

Summary

Author Biography

Table of Contents

Supplemental Materials