An ethical business culture is based first on organizational mission and values. Other related factors can include shareholders, long-term perspectives, process integrity, and leadership effectiveness.27The roles of boards, CEOs, other executives, and HR leaders are vital in setting the culture for ethics globally as well as locally. Training of employees is crucial, and how they respond to situations may be linked to their expectations, motivations, and other factors.28As the HR Best Practices indicates, Cisco has emphasized ethics using creative and effective means throughout its global business world.Ethics and Global DifferencesDifferences in legal, political, and cultural values and practices in different countries often raise ethical issues for global employers who must comply with both their home-country laws and the laws of other countries. With the changes in the global economy in the past few years, a France-based entity, the Organization for Economic Cooperation (OECD), has emphasized the effects of ethics. The OECD has recommended that global multinational firms establish and implement stricter ethical standards to aid business development.29The different legal, political, and cultural factors in other countries can lead to ethical and legal conflicts for global managers. Some global firms have established guidelines and policies to reduce the payments of bribes, but even TOÀN CẦU
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