“International business ethics” is a fairly new field of investigation compared to “business ethics,” that already has a history of 25-plus years in North America, and, even more so, to the well-established disciplines of management, economics, and ethics. This new field is emerging not because it has been designed by academics, but primarily because international business itself has dramatically developed since the 1980s. It has brought about plenty of ethical implications and challenges. To a large extent, they affect not only “international” business but also “domestic” business, which are increasingly being interconnected, and reach far beyond the commonly defined “business domain.” This process of globalization with multiple dimensions is extremely complex and rather opaque and, therefore, needs a great deal of clarification through thoughtful and courageous business initiatives as well as academic expertise.