A framework for analyzing international business and legal ethical standards |
| |
Institution: | 1. University of Akron School of Law, 150 University Avenue, Akron, OH 44325-2901, U.S.A.;2. Walsh University, 2020 E. Maple Street, North Canton, OH 44720, U.S.A.;1. Bal?kesir University, Balikesir, 10700, Turkey;2. Kocaeli University, Kocaeli, 41380, Turkey;1. College of Business & Technology, The University of Texas at Tyler, Tyler, TX 75799, U.S.A.;2. Frank G. Zarb School of Business, Hofstra University, Hempstead, NY 11549, U.S.A.;1. Royal Roads University, Victoria, Canada;2. Tecnologico de Monterrey, Mexico City, Mexico;1. IESEG School of Management (LEM-CNRS), Socle de la Grande Arche, 1 Parvis de la Défense, 92044 Paris La Défense, France;2. Zicklin School of Business, Baruch College, One Bernard Baruch Way, New York, NY 10010, U.S.A.;3. ESMT European School of Management & Technology, Schlossplatz 1, D-10178 Berlin, Germany |
| |
Abstract: | Globalization increasingly brings businesses and legal providers together. With the help of lawyers, savvy businesspeople can complete complicated international transactions or create multinational networks of related corporations. This isolates risk, facilitates local business transactions, and carefully tailors localized ownership structures. However, these globalization activities can also facilitate activities such as international jurisdiction shopping, tax evasion, money laundering, and even terrorist financing. The resultant challenges undermine the ability of all parties to both compete and pursue ethical behavior across national markets. This article develops a framework for analyzing international business and legal ethics. Specifically, we focus on four key topics: (1) how globalization impacts both business and legal ethics; (2) the special role played by national interests in shaping the applicable ethics and legal standards; (3) a framework to explain how the configuration of international business networks and related legal services can have dramatic ethical implications; and (4) applicable issues identified in the Panama Papers and the Paradise Papers. |
| |
Keywords: | International business ethics Global business ethics Panama Papers Paradise Papers |
本文献已被 ScienceDirect 等数据库收录! |
|