Corporate Governance and Ethical Decision-Making in Multinational Firms

Abstract

Corporate governance and ethical decision-making are pivotal in shaping the success and reputation of multinational firms. As these companies operate across diverse regulatory environments and cultural contexts, the complexity of maintaining ethical standards and robust governance practices increases. This paper explores the interplay between corporate governance frameworks and ethical decision-making processes within multinational corporations. It examines how governance structures influence ethical behavior, the role of leadership in fostering an ethical culture, and the impact of regulatory and cultural differences on ethical decision-making. Through a review of existing literature and case studies, this study identifies key challenges and best practices for multinational firms striving to balance profitability with ethical integrity.