Are Multinational Corporations Free from Moral Obligation Essay

Are Multinational Corporations Free from Moral Obligation - Essay Example This work will critically analyze the issue of there being any ethical consideration in the working of international organizations. According to Velasquez (1992, 319), morality does not exist in international corporations. This is simply because these corporations are not subject to the law of any nation in the world. In this way, they cannot be held responsible for breaking any law. Velasquez argues that morality is held and maintained when there is a higher authority to monitor any aspect of immorality. International corporations do, however, operate under now authority of any nation. His explanation for lack of morality is that according to Hobbsian Theory, men are likely to behave the way they want if they are not regulated. In this respect, men are likely to behave in ways that are targeting to gratify their personal interests. Velasquez argues that those international corporations that have some aspects of morality get discouraged by various issues. One of them is that if an international corporation is working within other organizations that do not value ethical considerations, it is subjected to high competitive pressure. On another hand, any international organization that works within an environment where ethical consideration are not regarded feel guiltless when they fail to observe the morality. When an organization is working within such environment, it is considered unfair if they continue to adhere to the laws of morality, which other organizations are not following (Velasquez, 1992, 320). Fleming (1992, 324-325), argues on a different point of view. This is by considering facts of presence of chief executive officers of organizations, managers and governments of nations in which these international corporations operate as important authority to foresee ethics. According to him, these agents have power to dictate moral and ethical considerations in any organizations. This is regarding their positions as decision makers of such