Company Law Affecting Ethics and International Relations

Just this morning we have a brilliant discussion with my learners between the effect of Company Laws affecting ethics and International Relations as a whole. 

 

Some of the ideas being brought in the class discussion are the matter of government legal procedures being amended and implemented in most International companies.  Giving the fact that national law will differ when compared with other country’s standards of legal ethics and practices. 

 

Certainly, International Companies must adhere to the national law implemented by the country and at the same time consider the international standard as well.  At present, the matter on the financial procedures and documents of International companies around the world must have transparent financial reports for the whole stakeholders of the company. 

 

Business ethics touches the concept of organizational responsibilities.  As the organization or the business company will become public company….issuing IPOs to the public, then more social responsibility must be considered inside the internal planning and management of the organization. 

 

In the aspect of politics, both local and international politics must be considered to find the “sweet-spot” of your company’s business operation. Therefore, the reflective nature of the country’s political stability towards the business organization will continually float depending from the negative and positive trends movement.