Open AccessStrategic Frameworks of Ethic Management in MNEs: Theoretical Discussions and Model Development
Author(s) -
Hideki Takei
Publication year - 2011
Publication title -
journal of management research
Language(s) - English
Resource type - Journals
ISSN - 1941-899X
DOI - 10.5296/jmr.v3i2.560
Subject(s) - multinational corporation , business ethics , business , profitability index , strategic management , business relationship management , industrial organization , ethical issues , process management , business model , management , marketing , economics , engineering ethics , finance , electronic business , engineering
Our proposed framework of strategic ethics management is assumed to improve both economic and ethical goals of Multinational Enterprises (MNEs). Especially, we considered financial values of these two mutually exclusive objectives so that this framework will allow MNEs to consider financial performance of business operations and ethical business conducts. With positive correlation between ethical business conducts and long-term financial performances, the strategic ethics management should be able to use business ethics as competitive advantages in global operations to increase long-term profitability.