Business Ethics and Corporate Governance, Second Edition

SUMMARY

Today very few countries can claim to be economically self-sufficient. Most business enterprises are drawn to doing business across national borders. Many factors such as falling trade barriers, newer technology and political reforms have come to play a facilitating role in recent times to promote and foster international trade. Businesses in the present global society are carried on by multinational or transnational corporations, most of which are based in the developed countries. Global business operates within the context of international and where necessary regional rules and regulations set up by appropriate governmental agents. It is dominated by multinational corporations that have their businesses spread across continents. International ...