Business Ethics East vs. West: Myths and Realities

The West has a stereotypical image of businesses, officials, and politicians, etc., in the East (Third World) countries being pervasively corrupt while it views itself as being almost completely uncorrupt. One closer look, however, realities turn out to be quite different. Business corruption is muc...

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Bibliographic Details
Published in:Journal of business ethics 2001-03, Vol.30 (1), p.29-39
Main Author: Khera, Inder P.
Format: Article
Language:English
Subjects:
Banking ethics
Business
Business corruption
Business ethics
Business structures
Comparative analysis
Conferences
Corporate image
Corruption
Cross cultural studies
Decision making
Developing countries
East-West relations
Employees
Ethical codes
Ethics
Government corruption
International
LDCs
Marketing
Moral corruption
Morality
Philosophers
Political ethics
Politicians
Studies
Third World
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Summary:The West has a stereotypical image of businesses, officials, and politicians, etc., in the East (Third World) countries being pervasively corrupt while it views itself as being almost completely uncorrupt. One closer look, however, realities turn out to be quite different. Business corruption is much more universal than Westerners are generally willing to accept. The major differences are that corruption in the East is practiced so blatantly that it makes major news. Western businesses, on the other hand, have, over time, developed sophisticated techniques whereby corruption becomes almost invisible. This paper discusses the myths and realities of Eastern versus Western corruption and discusses several means which have allowed Western companies to exploit others through subtle and, almost invisible means. The overall advantage, however, still goes to the West where petty corruption has been pretty much eliminated.
ISSN:0167-4544
1573-0697
DOI:10.1023/A:1006489410023