ETHICAL CHALLENGES OF THE GLOBALIZATION PROCESS

Branko Balj and Radenko Mari
Additional contact information
Branko Balj: University of Novi Sad, Serbia
Radenko Mari: University EDUCONS, Serbia

Perspectives of Innovation in Economics and Business (PIEB), 2009, vol. 3, issue 3, 7-10

Abstract: Whereas roots of globalization are far reaching, it is primarily a modern age phenomenon. Modern business operation and the world economy are characterized by domination of multinational corporations, strong presence of the government in economy and the long-term tendency towards globalization in manufacturing, trading and consumption in the world. Containing both risks and opportunities, globalization is a problem of manifold nature. For some it means regression and falling into “neocolonialism”, the others glorify it. It is logical to ask the following questions: What are the consequences of globalization for governments, nations, companies and individuals? What are the business, social and ethical issues it causes? In one word, is it possible to be ethical, to avoid and correct “bad” and keep “good” consequences of total phenomena as the globalization, and whether it is rewarding in the increasing market competition?

Keywords: Globalization; ethics; strategy of business ethic; corporative responsibility; behavior (search for similar items in EconPapers)
JEL-codes: A13 F23 M14 (search for similar items in EconPapers)
Date: 2009
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://academicpublishingplatforms.com/downloads/p ... Balj-Radenko_AGR.pdf (application/pdf)
http://academicpublishingplatforms.com/article.php ... &number=3&article=43 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pdc:jrpieb:v:3:y:2009:i:3:p:7-10

Access Statistics for this article

Perspectives of Innovation in Economics and Business (PIEB) is currently edited by Jan Beseda

More articles in Perspectives of Innovation in Economics and Business (PIEB) from Prague Development Center Contact information at EDIRC.
Bibliographic data for series maintained by Jaroslav Holecek ( this e-mail address is bad, please contact ).