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| Author: | Khera, I. P. |
| Title: | Business ethics East vs. West: myths and realities |
| Journal: | Journal of Business Ethics
2001 : MAR I, VOL. 30:1, p. 29-39 |
| Index terms: | BUSINESS ETHICS CORRUPTION THIRD WORLD |
| Language: | eng |
| Abstract: | 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, over time, developed sophisticated techniques whereby corruption becomes almost invisible. This paper discusses the myths and realities of Eastern vs. Western corruption and discusses several means, which have allowed Western companies to exploit other through subtle and, almost invisible means. |
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