The Routledge Companion to Business Ethics

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The globalization of business ethics

Kirk O. Hanson

Between 1975 and 2015, the study and practice of business ethics became a truly global phenomenon. Its development paralleled the growth and integration of markets in both the developed and developing world. The study and practice of business ethics became global as markets became global.

During this same period, multinational firms from developed Western countries, and increasingly from developing countries, became “global enterprises.” Global companies, operating in countries around the world, needed to meet the ethical expectations of their home countries, but also the ethical expectations of the growing number of countries in which they now operated. In developing countries, where ...