International Journal of Applied Research
Vol. 4, Issue 9, Part C (2018)
Universal business ethics: A challenge to multinational companies
Damianus Abun and Theogenia Magallanez
Ethic is a code of conduct put forward by society that is accepted by all rational adult individual beyond the boundary of country or culture or religion. Thus, ethics is universal, not relative. What is good and bad, what is right and wrong in one country or culture is also the same accepted by other countries or cultures as good or bad, right and wrong act. The same true with business ethics. Business ethics is universal, not relative. What is wrong and right, good or bad in one country is accepted as wrong and right, good or bad in other countries. Fraud is bad and that is applicable to all beyond cultures or countries. Thus, multinational companies must find common ethical ground that is accepted by all rational agent and business practitioners around the globe.
How to cite this article:
Damianus Abun and Theogenia Magallanez. Universal business ethics: A challenge to multinational companies. International Journal of Applied Research. 2018; 4(9): 190-195.