Publication details

Business Ethics in Subsidiaries of Multinational Companies in the Czech Republic



Year of publication 2012
Type Article in Periodical
Magazine / Source E-Leader online
MU Faculty or unit

Faculty of Economics and Administration

Field Management and administrative
Keywords business ethics; multinational companies; czech economy; empirical research
Attached files
Description Business ethics is developing in the environment of subsidiaries of multinational companies operating in the Czech Republic. In 2011 the empirical research covering the analysis and description of the functioning of subsidiaries of multinational companies operating in the Czech country was carried out. In relation to the implementation of research was held by the code of ethics at selected branches and representative offices of multinational companies. The sample consisted of 335 subsidiaries of large multinational companies with more than 50 employees and an annual turnover of more than 30 million CZK (1.2 mil. Euro). Respondents answered questions dealing with the existence and implementation process of a code of ethics in selected subsidiaries with special regard to the effect of national culture. All surveyed subjects were evaluated also in terms of economic performance and organizational structure. The results indicate an interesting approach to the concept of business ethics in the subsidiaries of multinational companies operating in the CR, in the terms of shaping the relations between headquarters and their subsidiaries. In this context also specific effects of national culture can be identified as “penetrating” the code of ethics in specific country. The results also suggest a possible relation between economic performance and the existence of an ethical code of the subsidiaries of multinationals companies.
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