Maintaining Solid Corporate Ethics in International Business - Article Example

Big multinational companies generally outsource some of their operations in those countries which are not well developed, where the lifestyles of people are poor, the wage level is substantially lower and the working conditions for workers are merciless. These companies normally exploit the poor conditions of the workers of underdeveloped countries and get their work done at a very low cost. In order to cut the cost, the basic rights of workers are totally set aside by these companies and those workers put their lives, at times, in extreme danger and complete the tasks in order to earn very low wages.

When journalists raise these unethical practices in magazines, then these companies make some adjustments in this regard and take care of those poor workers.LawlessnessThe other important unethical issue raised by the author is the concept of lawlessness. This practice is adopted by many companies with the cooperation of some of the corrupt governments of the world. To generate higher revenues, those corrupt governments support these giant companies on a partnership basis. The end result of this partnership is the generation of higher revenues for the companies and the accumulation of money in personal accounts for the government officials.