Ethical ramifications of the dark side of business practices in international business
The dark side of international business practices has attracted significant research attention recently. However, researchers are struggling to delve into the ethical ramifications of these practices because of a limited understanding of ethical and digital transformation issues in international bus...
| Main Authors: | , , |
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| Format: | Journal Article |
| Published: |
Wiley
2024
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| Online Access: | http://hdl.handle.net/20.500.11937/95912 |
| _version_ | 1848766058057433088 |
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| author | Davcik, Nebojsa Sharma, Piyush Markovic, Stefan |
| author_facet | Davcik, Nebojsa Sharma, Piyush Markovic, Stefan |
| author_sort | Davcik, Nebojsa |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | The dark side of international business practices has attracted significant research attention recently. However, researchers are struggling to delve into the ethical ramifications of these practices because of a limited understanding of ethical and digital transformation issues in international business, which may be caused, inter alia, by sociocultural and market disparities, lack of regulatory frameworks, information asymmetries, data ubiquity, and power imbalance among key stakeholders. This paper addresses this important gap through four key themes—ethical considerations, data processing issues, legal considerations, and managerial contingencies. We discuss how to step forward in research on ethics in international business, assessing potential risks associated with privacy concerns, big data, cybersecurity, content analysis, stakeholder relationships, and discriminatory outcomes. Finally, we propose a research agenda and recommendations to address the ethical challenges and dilemmas international businesses face due to disruptive technologies (e.g., artificial intelligence) and cross-market challenges (e.g., legal jurisdictions). |
| first_indexed | 2025-11-14T11:45:06Z |
| format | Journal Article |
| id | curtin-20.500.11937-95912 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T11:45:06Z |
| publishDate | 2024 |
| publisher | Wiley |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-959122024-10-25T06:23:32Z Ethical ramifications of the dark side of business practices in international business Davcik, Nebojsa Sharma, Piyush Markovic, Stefan The dark side of international business practices has attracted significant research attention recently. However, researchers are struggling to delve into the ethical ramifications of these practices because of a limited understanding of ethical and digital transformation issues in international business, which may be caused, inter alia, by sociocultural and market disparities, lack of regulatory frameworks, information asymmetries, data ubiquity, and power imbalance among key stakeholders. This paper addresses this important gap through four key themes—ethical considerations, data processing issues, legal considerations, and managerial contingencies. We discuss how to step forward in research on ethics in international business, assessing potential risks associated with privacy concerns, big data, cybersecurity, content analysis, stakeholder relationships, and discriminatory outcomes. Finally, we propose a research agenda and recommendations to address the ethical challenges and dilemmas international businesses face due to disruptive technologies (e.g., artificial intelligence) and cross-market challenges (e.g., legal jurisdictions). 2024 Journal Article http://hdl.handle.net/20.500.11937/95912 10.1111/beer.12747 Wiley unknown |
| spellingShingle | Davcik, Nebojsa Sharma, Piyush Markovic, Stefan Ethical ramifications of the dark side of business practices in international business |
| title | Ethical ramifications of the dark side of business practices in international business |
| title_full | Ethical ramifications of the dark side of business practices in international business |
| title_fullStr | Ethical ramifications of the dark side of business practices in international business |
| title_full_unstemmed | Ethical ramifications of the dark side of business practices in international business |
| title_short | Ethical ramifications of the dark side of business practices in international business |
| title_sort | ethical ramifications of the dark side of business practices in international business |
| url | http://hdl.handle.net/20.500.11937/95912 |