Ethical Leadership

Paper Summary:

This paper discusses the role of business ethics across the multinational enterprise. It discusses the role of ethics in the executive decision making process and offers several recent examples of ethical failings in multinational enterprises. The result of this examination concludes that ethic decision making begins with, the appointment of ethical people.

From the Paper:

"The preponderance of evidence seems to support that ethical decision making on the part of international business organizations tends to provide positive financial results in the long term. The inverse is true as well in that short term unethical decision making tends to produce better financial results. This is Occam's razor at its purist which postulates that the simplest explanation, especially in this case, is always sufficient. The complete lack of ethical decision making, within the last five years, has singularly led to a host of spectacular multinational enterprise (MNE) corporate implosions: "WorldCom, Adelphia, Global Crossing, Qwest, Tyco...These...ethical failures in...business...have taken a terrible toll. They have: destroyed some of the world's largest companies and hundreds of billions of dollars in shareholder value..."(Copeland, 2005, p.36)."

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