Ethical Commitment, Corporate Financial Factors: A Survey Study of Korean Companies
- Ethical Commitment, Corporate Financial Factors: A Survey Study of Korean Companies
- Choi, Tae H.
- Business ethics; Ethical Commitment; Financial Performance; Korea; Valuation
- Issue Date
- Series/Report no.
- KDI Working Paper Series;06-22
- To date, a variety of stakeholders including investors, corporate managers, customers,
suppliers, employees, researchers, and government policy makers have been interested in
the relationship between ethics and profits. In a same vein, during last decade business
ethics and corporate valuation have received great attention in Korea. However, the link
between corporation’s financial performance and its commitment to business ethics has
rarely investigated. Thus, this paper speculates the relation between corporate business
ethics and corporate financial performance.
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