Multinational companies have often found themselves in a dilemma when they have a corporate code of ethics which, if applied, would cost them a significant loss of business in other countries. The people who work for these MNCs are usually in a quandary when they are faced with having to “grease the wheel” in order for things to move favorably. In some of these countries, companies will pay the bribes even though it undermines the very business environment they are in and negatively...
>>>Multinational companies have often found themselves in a dilemma when they have a corporate code of ethics which, if applied, would cost them a significant loss of business in other countries. The people who work for these MNCs are usually in a quandary when they are faced with having to “grease the wheel” in order for things to move favorably. In some of these countries, companies will pay the bribes even though it undermines the very business environment they are in and negatively impacts their competitiveness simply because making less profits is still better than making no profit at all.