Abstract
Abstract A blizzard of ethical issues surrounds transnational corporations. The most‐discussed involve labor standards, marketing practices, tax policy, economic impact, human rights, host government relations, and environmental responsibilities. Two distinct schools of thought have arisen about transnational responsibilities: the “minimalist” and “maximalist.” The minimalist argues that a transnational corporation's moral responsibilities are linked tightly to its economic purposes: to make profits for its investors and products or services for the public. Minimalists deny that it is ever the responsibility of the corporation in a host country to raise labor standards, fight corruption, improve the environment, discourage bias, or expand human rights, except insofar as doing so advances its more fundamental mission of making profits.
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