>Most international businesses have adopted formal codes of conduct and systematically provide ethics training to their...

>Most international businesses have adopted formal codes of conduct and systematically provide ethics training to their employees to help them prepare for overseas assignments.

>A strong commitment to ethical standards, in both word and deed, by company executives is critical to creating an ethical corporate culture.

For further consideration: Would you be willing to pay a bribe on behalf of your company? If so, why? Under what conditions? If not, why not?

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Expert Solution

In any condition, paying a bribe to avail certain favor, on behalf of my Company, is ethically wrong. The concept of Corporate Governance, if strongly enforced by my Company and especially formalized in terms of the ‘Code of ethics’ leading the scope and activities of the employees, then the avenues for paying a bribe, actually decreases. However, if my Company itself is in the favor of bribing and if I see little way to escape the Act, then only in one condition, I would be able to accept the route of unethical acts and that is, if that act of bribery is for the better good of not only the Organization but genuinely, for the Society or in the situation where bribery is the only way to expose the unwarranted ways of some other party that is involved in dealings with our Organization.

keosha answered 1 year ago

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