Strategic Frameworks of Ethic Management in MNEs: Theoretical Discussions and Model Development

Abstract

The proposed framework of strategic ethics management is assumed to improve both economic and ethical goals of Multinational Enterprises (MNEs). Especially, considerations of financial values of these two mutually exclusive objectives in 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.