The field of human rights is another important area where companies are placing an increasing amount of attention. A company can avoid human rights violations by creating a code of conduct to be universally applied. A code of conduct sets universal guidelines on various issues like labor, working hours, discrimination, freedom of association, health and safety, and sometimes, environmental practice policies.
Another potential problem is corruption and bribery. The U.S. Foreign Corrupt Practices Act prevents companies from paying bribes to foreign governments and officials, as well as political candidates. Also, the organization for economic cooperation and development treaty has members from many countries who have pledged to refrain from unethical behavior.
Activity Resources:
- French, J., Wokutch, R. (2005)
- Griffin, R. W., & Pustay, M. W. (2010). Chapters 5
- Paul, P., Roy, A., & Mukhopadhyay, K. (2006)
Spotlight on Skills: Developing a Power Point Presentation