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viii Contents

Priorities, 255 • Collect and Analyze Relevant Information, 258 • Verify the Results, 261 • Report the Findings, 262

The Strategic Importance Of Ethics Auditing 263 Summary 265 Important Terms for Review, 267 | Resolving Ethical Business Challenges, 268 | Check Your EQ, 269

Chapter 10: Globalization of Ethical Decision-Making 272 Chapter Objectives, 272 | Chapter Outline, 272

An Ethical Dilemma 273

Global Culture, Values, and Practices 274 Economic Foundations of Business Ethics 277

Economic Systems, 279 Multinational Corporation 283 Global Cooperation To Support Responsible Business 286

International Monetary Fund, 286 • United Nations Global Compact, 286 • World Trade Organization (WTO), 287

Global Ethics Issues 288 Global Ethical Risks, 288 • Bribery, 289 • Antitrust Activity, 292 • Internet Security and Privacy, 292 • Human Rights, 294 • Health Care, 294 • Labor and the Right to Work, 296 • Compensation, 297 • Consumerism, 298

The Importance of Ethical Decision Making in Global Business 299 Summary 301 Important Terms For Review, 302 | Resolving Ethical Business Challenges, 303 | Check Your EQ, 304

Chapter 11: Ethical leadership 308 Chapter Objectives, 308 | Chapter Outline, 308

An Ethical Dilemma 309

Defining Ethical Leadership 311 Requirements for Ethical Leadership 313 Benefits of Ethical Leadership 315 Ethical Leadership and Organizational Culture 316 Managing Ethical Conflicts 318

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