International standards of business conduct: framework and illustration

Svensson, Goran and Wood, Greg 2008, International standards of business conduct: framework and illustration, European business review, vol. 20, no. 3, pp. 260-274, doi: 10.1108/09555340810871446.

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Title International standards of business conduct: framework and illustration
Author(s) Svensson, Goran
Wood, Greg
Journal name European business review
Volume number 20
Issue number 3
Start page 260
End page 274
Total pages 15
Publisher Ermald Group Publishing Limited
Place of publication Bingley, England
Publication date 2008
ISSN 0955-534X
Keyword(s) business conduct
code of ethics
ethical values
ethics artefacts
Summary Purpose: – The purpose of this paper is to describe the insights and a proposal into the structure of standards of business conduct and its intended applications.

– The case study is based upon an inductive content analysis of corporate ethics artefacts.

– It is concluded that the standards of business conduct may be highly prescriptive in world wide corporations, but that there should be an explicit commitment to a flexible and dynamic approach to the application of standards of business conduct.

Research limitations/implications:
– An examination of the actual behaviour of a corporation's operations was beyond the scope of the present research, but such a study has potential for future research. This would open up the wider question of how corporations can minimise the gap between corporate intentions and actual outcomes in business operations across national and cultural boundaries.

Practical implications:
– These diverse national and cultural contexts that world wide corporations encounter must be taken into consideration in the content of their standards of business conduct.

– The authors emphasise the concern of recognising that the contexts surrounding standards of business conduct are dynamic. Corporate codes of ethics should be regarded as dynamic artefacts. A framework of application is proposed.
Language eng
DOI 10.1108/09555340810871446
Field of Research 150399 Business and Management not elsewhere classified
HERDC Research category C1 Refereed article in a scholarly journal
Copyright notice ©2008, Emerald Group Publishing Limited
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