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Case Study of Siemens’ Violation of Business Ethics

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Case Study of Siemens’ Violation of Business Ethics
Global Journal of Management and Business Research

Volume 12 Issue 13 Version 1.0 Year 2012
Type: Double Blind Peer Reviewed International Research Journal
Publisher: Global Journals Inc. (USA)
Online ISSN: 2249-4588 & Print ISSN: 0975-5853

A Case Study of Siemens’ Violation of Business Ethics in
Argentine Based On Stakeholder Theory
By Zhu Wenzhong & Fu Limin
Guangdong University of Foreign Studies (GDUFS)

Abstract - Hand in hand with prosper of International business brought by globalization, many ethical problems have been surfacing in the past decades: bribery, corruption, human rights issues, etc. Business ethics, as an academic discipline as well as a business practice, is becoming the focal point of waged and animated debate. The increasing attention on it generates many relative theories, among which Freeman’s stakeholder theory stands out. This paper, backed by Freeman’s stakeholder theory, conducts a case study of Simens’ violation of business ethics by analyzing its recent bribery scandal in Argentina. After a detailed analysis of the interests of Siemens’ stakeholders, it draws a conclusion of Siemens’ severe violation of business ethics, and thus suggests some solutions.

Keywords : Simens Telecommunication; Business Bribery; Stakeholder Analysis.
GJMBR-A Classification : FOR Code: 150303,150301 JEL Code: M21

A CaseStudyofSiemensViolationofBusinessEthicsinArgentineBasedO- nStakeholderTheory Strictly as per the compliance and regulations of:

© 2012. Zhu Wenzhong & Fu Limin. This is a research/review paper, distributed under the terms of the Creative Commons
Attribution-Noncommercial 3.0 Unported License http://creativecommons.org/licenses/by-nc/3.0/), permitting all non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited.

A Case Study of Siemens’ Violation of Business
Ethics in Argentine Based On Stakeholder
Theory

Keywords : Simens Telecommunication;


References: 2. Freeman. R. E (1984). “Strategic Management: A Stakeholder Theory” 3. Freeman. R. E (1991). “Business Ethics: The State of The Art” 4. Fritzsche. D.J (1998). “Business Ethics: A Global and Managerial Perspective” 5. Li, Y.H (2011). China Coporate Citizenship AntiCorruption and Anti- Bribery Research Report. The Coporate Social Responsibility 6. Mitchell. C (2009). “Internatinal Business Ethics”. 7. Mitchell. C (2000). “Internatinal Business Cultures”. 8. Weiss. J.W (2003). “Business Ethics: A Stakeholder and Issues Management Approach”
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