Research Paper on "Multinationals and Development"

Research Paper 5 pages (1936 words) Sources: 5 Style: MLA

[EXCERPT] . . . .

Multinationals are expected to take the high road regarding social and ethical issues. Morality is expected and the deontological approach of the means being as important as the ends is even more common after the Enron scandal. Morality has become the standard that stakeholders use to judge multinationals -- and the expectations are transparency, disclosure and acting in a way that promotes not only the global economic idea of cooperation, but human rights and actualization as well (Muchlinski).

Thus, there is no direct answer regarding whether multinationals are helpful or hindering to developing countries. Just as people are individuals, so are corporations. However, given a multinational corporation that adopts the principles of CSR, that works within the developing country's culture and political system for the common good, and provides a system in which both sides reach a win-win paradigm of modernization (e.g. education, training, goods and services, quality of life, etc.), then the developing country does benefit from the multinational. The key is both the intrinsic culture of the multinational and the responsibility that the corporation holds for the developing country. The days of removing resources without adequate planning and cooporation are over -- the days of shared responsibility and sustainable options, training and educational programs for citizens, fair wages and benefits, and clear human goals to enhance human rights are now the operative model for development. (Quinlivan).

Works Cited

Croucher, S. Globalization and Belonging. New York: Roman and Littlefield, 2004. Print.

Cruver, D. "Complying with the Foreign Corrupt Practices Act." March 1999. Foley.com. Web. November 2013. .

Deming, S. The Foreign Corrupt Practices Act and the New International Norms. New York: American Bar Association, 2006. Print.

Ehtridge, M. And H. Handleman. Politics in a Changing World. 6th. Boston, MA: Cenage, 2013. Print.

Jensen, N. Nation-States and the Multinational Corporation. Princeton, NJ: Princeton University Press, 2006. Print.

Muchlinski, P. "Human Rights and Multinationals." International Affairs 77.1 (2001): 31-48. Print.

Nye, J. "Globalism vs. Globalization." 15 April 2002. The Globalist. November 2013. .

Pitelis, C. And R. Sugden. The Nature of the Transnational Firm. New York: Routledge/Psychology Press, 2000. Print.

Quinlivan, G. "Multinational Corporations: Myths and Facts." June 2010. Acton Institute. Web. November 2013. .

Robinson, R. And H. Groves. Introducing Political Philosophy. New York: Icon Books, 2003. Print.

Savage, J. And L. McElroy. "Keeping Business Above Board." Security Management 42.2 (1998): 48-56. Print.

Shell Global. "Investor Centre." March 2013. shell.com. Web. Novemebr 2013. .

Troyer, J. The Classical Utilitarians. London: Hackett Publications, 2003. READ MORE

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