Do It Right - International Business Ethics

Autor: mter9248

Business ethics is not a novel idea. Its just that its one of those things that we conveniently forget when faced with tough choices. But since the Enron and WorldCom scandals of 2002, more and more people in the business world are paying attention to this oft-neglected aspect of business. Especially now with the global marketplace in full swing.

Competition is cutthroat, but this does not mean that we should forget about what we have learned in international business ethics. To address this, many changes were subsequently legislated regarding corporate governance, disclosure and accounting procedures. But more than mere compliance with law, international business ethics requires a major shift in corporate culture.

Today, international business ethics means conducting all aspects of business and dealing with all the stakeholders in an ethical manner. The stakeholders include employees, partners, clients, shareholders, suppliers, the communities, and natural environments in which businesses operate. Thus, the term embraces the concepts of corporate social responsibility (CSR), corporate sustainability, and corporate citizenship.

Below are some links to sites that contain general information on international business ethics and some significant free content that may be of interest to students, researchers, practitioners, and the general public.

Business Ethics
Access: Web-Miner.com/BusEthics.htm

Although not recently updated, this site is the perfect starting point for those seeking information on international business ethics. The site was created by Librarian Sharon Stoerger and contains useful annotated links to international business ethics resources organized by type. Some of the resources you will find include articles and publications, case studies, corporate codes of ethics, professional organizations and associations, centers, and other resources.

The Canadian Resource for Business Ethics
Access: BusinessEthics.ca

If you are looking for links to sites of Canadian and business ethics organizations, then BusinessEthics.ca is the place to go. The site is administered by a philosophy professor at Saint Marys University in Canada, Chris MacDonald. As part of the larger EthicsWeb.ca site, BusinessEthics.ca contains case studies, articles, and consultants on international business ethics.

CSR Directory
Access: CSRWire.com/Directory/

This is a directory that contains contact information and links to more than 1,000 organizations concerned with CSR and international ethics. It can be found though the CSRWire website and is searchable by organization name, type, contact name, and location. In addition to the directory, the CSRWire website also offers corporate CSR reports, news releases, job opportunities, and events.

Business & Human Rights Resource Centre
Access: Business-HumanRights.org/Home

A partner of the Amnesty International and several academic institutions, the Business & Human Rights Resource Centre is an independent, international, nonprofit organization that works to promote greater awareness of issues relating to business and human rights. Here, you can find information on thousands of companies, more than 160 countries, and 150 issues including international business ethics.

An Overview Of The Business Monitor International

Autor: mter9248

A leading publisher in both print and online of trade specialist information, Business Monitor International (BMI) was established in 1984 with a global perspective. Its service is updated not just quarterly, monthly or weekly but even daily. They cover a wide range of issues such as political risk, financial status, macroeconomic performance, industry sectors and operational environment.

Clients and subscribers of BMI in over 125 countries comprise of huge academe, institutions, corporations, multinationals and government. It is based in London which is recognized for its in- depth news analysis and economic forecasts. As a matter of fact, they received the Queens Award for Export Achievement in 1997. Since then, they have continually expanded where anybody can just avail of their CD- ROM which contains a research database of 150, 000 top executives at 60, 000 pioneering conglomerations that have stories of successful strategic approaches in their respective fields.

Services
The emerging markets online feature of Business Monitor International offers an original, same- day content and interpretation of key commerce developments across the world. There currency reports that is supported by BMIs wealth of country data from its proprietary databases. It then produces a unique and coherent examination underwritten by a 20- year lineage of specialists. It is a highly- functional and cost- effective answer to the information needs of both single and multiple users that are based in Europe, North America and elsewhere. BMI is fully- customized to correspond the requirements of a specific region.

Another exclusive from Business Monitor International is a 20- page weekly concise on equities, forex and bonds that are dependent upon by investment professionals. Called as emerging markets monitor, it deal with Asia Pacific, Latin America, Central Europe, Middle East and South Africa. It is sensitive to market sentiment, clear recommendations for equities and fixed income exchange, carefully prepared by BMIs treasury team. It consists the likes of ABN Amro, Bankers Trust, Chase Securities, Deutsche Bank, HSBC, ING Barings, Jardine Fleming, Lehamn Brothers, Merrill Lynch, Nomura International, Standard Chartered, Templeton Emerging Markets and UBS Warburg.

Business Monitor International has weekly financial alerts that relies upon by senior experts that evaluate risks and track opinions. It has an up- to- minute news together with attributed insights directly given by Alerts. It also has an explicit terms be it short and medium currency watch backed by fundamentalists. Having a time- sensitive data, it offers a visual method of graphs and charts to emphasize the analysis behind the banner stories.

They have other programs such as regional monthly monitors that has a country-by-country coverage, political review, macroeconomic forecast, market report and environment update. There is also the quarterly country forecasts reports over a three- year horizon that enters into the domestic outlook, external sector and global growth.