Abstract

The main purpose of this study is to discuss business ethics and good corporate governance implementation. Business ethics is the foundation of good corporate governance implementation in a company. The existence of ethics in the company is expected to be a benchmark for measuring moral values, especially policies. It is also expected that the application of good business ethics elevates the implementation of good corporate governance. The establishment of supervisory institutions in public sector organizations is also expected to be the best way to eliminate the ethical violation. Thus, good business practices and the environment in Indonesia can be achieved.

Highlights

  • In the business world, companies that are engaged in services, trade, and manufacturing that have developed rapidly will always be faced with the problem of management and control of the company

  • The result of this study finds a significant effect of business ethics, code of conduct and policies on the implementation of good corporate governance

  • There have been many studies that show a significant relationship between corporate control that emphasizes the implementation of ethics and responsible behavior on the one hand with better organizational performance on the other hand. The results of these studies are believed that when applied in the context of Indonesian companies, it is likely to have a positive impact on the performance of companies in Indonesia which will impact the progress of the country's economy; 4) Improve the quality of business relationships by implementing business ethics such as commitment, honesty, and antibribery

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Summary

INTRODUCTION

Companies that are engaged in services, trade, and manufacturing that have developed rapidly will always be faced with the problem of management and control of the company. Business ethics in a company is a form of the implementation of good corporate governance principles (Zabihollah, 2009). The result of this study finds a significant effect of business ethics, code of conduct and policies on the implementation of good corporate governance. There have been many studies that show a significant relationship between corporate control that emphasizes the implementation of ethics and responsible behavior on the one hand with better organizational performance on the other hand The results of these studies are believed that when applied in the context of Indonesian companies, it is likely to have a positive impact on the performance of companies in Indonesia which will impact the progress of the country's economy; 4) Improve the quality of business relationships by implementing business ethics such as commitment, honesty, and antibribery. The company immediately pull their products that are defective or do not meet the standards and can even harm consumers

BUSINESS ETHICS AND ITS RELATION TO GOOD CORPORATE GOVERNANCE
CONCLUSIONS AND RECOMMENDATIONS
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