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Q&A | February 27, 2014

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Globalization and Self-Regulation: The Crucial Role That Corporate Codes of Conduct Play in Global Business

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Globalization and Self-Regulation: The Crucial Role That Corporate Codes of Conduct Play in Global Business Cover

 

Synopses & Reviews

Publisher Comments:

It is imperative for the business community to act now to create global, industry-wide standards of conduct. Corporate strategy expert S. Prakash Sethi along with notable experts on issues of global codes of conduct take an in-depth look at global structures and how regulation works from a corporate perspective, providing case studies of several industries and governments who have begun implementing voluntary codes of conducts, including Equator Principles, ICMM, and The Kimberly Process.  He assesses the many types of self-regulations that are currently underway and provides critical analysis for making these more effective, making this a must-read for academics, policy-makers, and corporate leaders.

Book News Annotation:

Editor Sethi (Zicklin School of Business, Baruch College, The City University of New York) gathers international experts in corporate strategy to explore issues related to the voluntary codes of conduct governing multinational organizations. The book is organized by 4 different types of self-regulation: individual company-based voluntary codes of conduct; industry-wide voluntary codes of conduct with industry-controlled governance structures; industry-wide voluntary codes of conduct in collaboration with civil society organizations; and universal multi-industry and multi-purpose voluntary codes of conduct. The book presents a 10-year assessment of the UN Global Compact, and a detailed example of a voluntary multigroup initiative to control the illegal mining and trade of diamonds in war-torn African countries. Other case studies look at Mattel, Inc.'s global manufacturing principles, the defense industry, the International Council on Mining and Metals, and the role of certification in protecting the world's forests. Annotation ©2011 Book News, Inc., Portland, OR (booknews.com)

Synopsis:

A look at voluntary codes of conduct and why they are critical to global business practices

Synopsis:

A look at voluntary codes of conduct and why they are critical to global business practices

About the Author

S. Prakash Sethi is University Distinguished Professor, Academic Director of Executive Programs, and Professor of Management at the Zicklin School of Business, Baruch College, The City University of New York.

Table of Contents

GLOBALIZATION OF BUSINESS AND THE HISTORY OF REGULATION PRACTICES * Globalization and its Impact on Worldwide Business * Industry Standards-and the Lack Thereof * How Government Greed Fails Local Workforce * Why Voluntary Industry-Wide Codes of Conduct, Why Now? * WHAT INDUSTRY-WIDE VOLUNTARY CODES OF CONDUCT ARE DOING RIGHT * How the Mining Industry is Using Codes of Conduct to Develop Sustainable Business Practices * The Equator Principle:  How the Banking System has Created Guidelines to Help Developing Nations * Why Transparency Creates Accountability:  The EITI Initiative * Why Voluntary Principles Can and Will Improve Human Rights * How the Diamond Industry is Managing Their Controversial Practices of Conflict Diamond Flow * Interdisciplinary Councils Can Work * APPLYING CORPORATE RULES OF CONDUCT AND VOLUNTARY SELF REGULATION TO YOUR BUSINESS * What Can We Learn from the Case Studies * Making Industry Wide Codes of Conduct Effective and Relevant for Any Business * First Steps

Product Details

ISBN:
9780230611559
Author:
Sethi, S. Prakash
Publisher:
Palgrave MacMillan
Subject:
Industries - Manufacturing Industries
Subject:
Exports & Imports
Subject:
Business Ethics
Subject:
BUS070050
Subject:
Exports
Subject:
Imports
Subject:
Industries/Manufacturing
Subject:
International - General
Subject:
Business - General
Edition Description:
Trade Cloth
Series Volume:
The Crucial Role of
Publication Date:
20110931
Binding:
HARDCOVER
Grade Level:
Professional and scholarly
Language:
English
Illustrations:
Includes: 8 pgs figs
Pages:
312
Dimensions:
9.25 x 6.13 in

Related Subjects

Business » Ethics
Business » General
Business » Import and Export
Business » Management
History and Social Science » Economics » General
History and Social Science » Politics » General

Globalization and Self-Regulation: The Crucial Role That Corporate Codes of Conduct Play in Global Business New Hardcover
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Product details 312 pages Palgrave MacMillan - English 9780230611559 Reviews:
"Synopsis" by ,
A look at voluntary codes of conduct and why they are critical to global business practices
"Synopsis" by ,
A look at voluntary codes of conduct and why they are critical to global business practices
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