The Impacts Of Globalization And New Corporate Agenda: Global Integrity Issue
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Dosyalar
Tarih
2005
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
İstanbul Ticaret Üniversitesi
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
Nowadays discussions regarding corporates social responsibility and related principals just like human rights, health and environmental restrictions, ethical business conducts, labour policies (including child labour abuses), anti bribery and corruption, the rule of law, transperency, free markets etc. has been speeded up towards. The main question is whether there is 'an implied contract' or just 'a deal' between society and corporates. Whether corporates revealed that they are the ones that could not continue to exploit society's intellectual capital and natural resources in order to produce good and services for their owners and shareholders' profit unless they satisfy society's needs for better standarts of life. No doubt that variety of further elaborations has been realized and will be realized by the public intensely throughout the sad events including environmental pollution of petrolium companies, child labour abuses of variety of western companies or allegation of corruption among governmental officers for the sake of their own good which have been on media over and over. As far as corporates point of view analysed, it has been acknowledged that certain steps were being taken in order to satisfy the needs list of society which is getting longer and longer everyday. In order to keep up with that needs lists, corporates are striving to change the strategy and forcing society to higher the principals and standards of life for better society. Bettering the standards of society necesitate enhancing of conditions within the corporates first. Corporates are striving to reach the new mission of changing culture which is affecting their intellectual capital and work force within the corporates who are constituting the society, towards complying to new principals: human rights, health and environmental restrictions, ethical business conducts, labour policies (including child labour abuses), anti-bribery and coruption, the rule of law, transperency, free markets. That would suppose to have certain impacts towards society's standarts to be enhanced. Of course, some experts are still arguing about that this will be the manouver of corporates will have silincing affect on the nationalistic powers within the emerging socities, who are claiming that multinational companies are forcing their national governments for exploiting their national resources for the profit maximisation in exchange of nothing for their citizens benefit. Even in Turkey, a country which has preferred financial liberilazition since 1989 and got rid of all kinds of barriers in front of foreign direct and portfolio investments, that discussion has been erupted drastically. The scope of the article is to define and introduce main principals related with corporates global integrity agenda and develop some approaches regarding those discussions.
Açıklama
Anahtar Kelimeler
Financial Liberilazition, Corporate Social Responsibility, Ethics.
Kaynak
The Effects Of Globalization On Financial Reporting
