XXI Century Ethics:

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XXI Century Ethics a Global View
Dr. Roberto Artavia L. Costa Rica November 12,
2009
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3,2 billion live in poverty
26500 more since we started this morning
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Globalization of trade capital technology brands
organizations people culture
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gt69,000 MNCs gt823,000 international subsidiaries
integrating the business dynamics of the world
And still most of the companies and work
is local, run by millions of micro, small,
and medium entreprises
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Productive private sector
One way to look at the structure of todays world
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New borders make analysis and decision-making
more complex
Flexible political borders
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New borders make analysis and decision-making
more complex
Flexible political borders Permeable trade
borders Corporate borders open to
technological integration Capital markets are
interdependent Technology eliminates distance
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Financial markets
Transfer risks across borders Make the movement
of capital an easy and safe flow Operate on an
ever more virtual platform Are becoming more
heavily regulated
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Scientific and technological progress
New frontiers
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Space
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Deep oceans
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Polar regions
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Scientific and technological progress
New frontiers New concepts and ideas to
be managed and traded
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How fast is technology changing?
109
108
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Moores Law
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1000
100
2000
2005
1985
1970
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Scientific and technological progress
New frontiers New concepts and ideas to
be managed and traded Poor global
distribution Mitigation of new challenges
and risks
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Moving to a world of scarcity and volatility
Oil and gas, nuclear sources Metals and other
key materials Water Biocapacity and climate
change
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Future energy sources
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Moving to a world of scarcity and volatility
Oil and gas, nuclear sources Metals and other
key materials
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Scarcity of key materials
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29.2
27.9
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4.6
4.5
0.6
0
India
Brasil
China
Japón
U.S.A.
Aluminum consumption in Kg/yr
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Moving to a world of scarcity and volatility
Oil and gas, nuclear sources Metals and other
key materials Water Biocapacity and climate
change
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The resulting scenarios
Technological progress and adaptation
Future
Negotiation and adaptation
Conflict, war, controland segregation
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Ethics

• Set of principles of right conduct.
• A theory or a system of moral values.
• The study of the general nature of morals and of
  the moral
• choices to be made by a person.
• The rules or standards governing the conduct of a
  person or
• the members of a profession.

International Development Ethics Association
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Corporate social responsibility
"Corporate social responsibility is the
continuing commitment by business to contribute
to economic development while improving the
quality of life of the workforce and their
families as well as of the community and society
at large"
Can corporations do this and at the same
time fill the expectations of their stock- and
stake-holders?
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What are some possible responses?
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But also
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http//www.npr.org/templates/story/story.php?story
Id19141333
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Can we redefine our concept of ethics in
time? What are the implications for the legal,
accounting, and audit professionals?
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the end
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