Provides an original account of international business ethics grounded in cosmopolitan human
rights theory Transnational companies (TNCs) operate in a variety of political jurisdictions
and legal frameworks. As international trade and foreign direct investment (FDI) continue to
increase TNCs based in industrialized 'home' nations are gaining enormous economic and
political influence in developing 'host' nations. Corporations operating internationally
particularly in nations with limited regulatory and enforcement resources are often free to
determine whether they will follow existing laws and guidelines regarding consumer protection
worker safety and environmental protection. The Ethics of Global Business provides clear and
pragmatic guidance for business leaders interested in the ethical conduct of international
business. With a cosmopolitan human rights perspective on international business ethics this
comprehensive volume describes modern transnational companies explains why companies and their
leaders are responsible for company policies and practices and presents a conceptual framework
grounded in respect for basic human rights. Arnold addresses a wide range of central topics
such as the role of transnational companies in global justice the human rights obligations of
transnational companies labor rights in global supply chains corporate responsibility
regarding global climate change and exploitation and empowerment at the base of the global
economic pyramid. * Presents and defends a theory of moral legitimacy that views TNCs as agents
of justice * Offers an alternative ethical conception of CSR that integrates a cosmopolitan
human rights perspective * Provides critical and ethical analysis of recent United Nations (UN)
initiatives on business and human rights including the UN tripartite framework recently
approved by the UN Human Rights Council * Analyzes current Base of the Pyramid (BoP) strategies
* Defends minimum standards for working conditions in global supply chains and analyzes wage
exploitation in developing nations * Demonstrates the need for ethical CSR and morally
legitimate BoP business ventures that do not exploit people living in moderate and extreme
poverty (MEP) The Ethics of Global Business is essential reading for business leaders
policymakers scholars undergraduate and graduate students and general readers with an
interest in business ethics global justice human rights sweatshop ethics solutions to
global poverty corporate environmental sustainability and global climate change as related to
transnational companies.
