The Strategy and Influences for an Ethical Multinational Enterprise (Mne) Foreign Direct Investment (Fdi)
Introduction
The economic globalization is a gradual active process of regulatory steps and trends towards the establishment of a unified global market, unbounded by tariff or non-tariff barriers and unrestricted by state borders. Multinational enterprises are the forefront vanguards of this process. Since the beginning of the Industrial Revolution in the 18th century, international business activities have had a paramount impact on previously exclusively state-reserved rights like fiscal policies, political and economic strategy formation, national and international legislative initiatives and even the formation of security alliances. Nevertheless, the uneven development level of countries across the globe has caused controversies in multiple aspects related to multinational corporate operations, primarily in the closely related terms of Foreign Direct Investment and international trade. Cases of violating human and civil rights, shady lobbyism and pressure on state authorities, aggressive exploitation of socially and economically disadvantaged groups, unsustainable and environmentally endangering management of natural resources on foreign territory and others have arisen suspicion that multinational enterprises rarely, if ever, adhere to high conducts of ethical relations with all stakeholders.
Theory
The strategy and influences for an ethical multinational enterprise foreign direct investment are inherently derived from the entities’ relations with its stakeholders. The scope of business ethics (which are a form of applied ethics) is gigantic, ranging from the ultimately ontological aspect of the existence of business in any form and the optimal structural paradigm of society, to notably more concrete and of greater applied value fields such as ethics of finance, HR, technology, and international business. Post-structuralism and postmodernism have expanded the ideas of thinkers and philosophers such as Virginia Woolf, James Joyce and Roland Barthes to
The economic globalization is a gradual active process of regulatory steps and trends towards the establishment of a unified global market, unbounded by tariff or non-tariff barriers and unrestricted by state borders. Multinational enterprises are the forefront vanguards of this process. Since the beginning of the Industrial Revolution in the 18th century, international business activities have had a paramount impact on previously exclusively state-reserved rights like fiscal policies, political and economic strategy formation, national and international legislative initiatives and even the formation of security alliances. Nevertheless, the uneven development level of countries across the globe has caused controversies in multiple aspects related to multinational corporate operations, primarily in the closely related terms of Foreign Direct Investment and international trade. Cases of violating human and civil rights, shady lobbyism and pressure on state authorities, aggressive exploitation of socially and economically disadvantaged groups, unsustainable and environmentally endangering management of natural resources on foreign territory and others have arisen suspicion that multinational enterprises rarely, if ever, adhere to high conducts of ethical relations with all stakeholders.
Theory
The strategy and influences for an ethical multinational enterprise foreign direct investment are inherently derived from the entities’ relations with its stakeholders. The scope of business ethics (which are a form of applied ethics) is gigantic, ranging from the ultimately ontological aspect of the existence of business in any form and the optimal structural paradigm of society, to notably more concrete and of greater applied value fields such as ethics of finance, HR, technology, and international business. Post-structuralism and postmodernism have expanded the ideas of thinkers and philosophers such as Virginia Woolf, James Joyce and Roland Barthes to