Abstract
Abstract Among the significant determinants influencing the corporate culture is the degree of riskiness in the operational activities of a company. Firstly and most importantly, business entities must be prepared to respond quickly to the needs of an external as well as the internal environment, to be in close relationship with customers, to use internal business activities, to strive to build the desired way of behaviour and actions of all stakeholders. The paper aims to define possible risks of ethical credibility based on the analysis and research in selected production companies operating in Slovakia and then propose options, measures to eliminate the threats to ethical credibility and thus increase the credibility and reliability of manufacturing companies.
Highlights
This breakdown is crucial in the utilization of business ethics in practice, as it points out that the employment of ethics to the economy is the responsibility of various entities by many works [14, 31, 32]
From the point of view of research goals focused on business ethics, the principal question was whether a company has a code of ethics
As the results of our research and the overall summary of respondents' answers show, only 28 manufacturing companies have all important parameters of ethical credibility in place, which can be described as their high reliability and credibility; considering the total number of respondents it is a low proportion
Summary
The qualitative social changes that have occurred in the new millennium are characterized primarily by globalization and multiculturalism, and by the internationalization of economic processes. We believe that business ethics in practice takes place at four levels, which are the global, social, organizational, and individual levels. This breakdown is crucial in the utilization of business ethics in practice, as it points out that the employment of ethics to the economy is the responsibility of various entities by many works [14, 31, 32]. Ethics and its observance in management can contribute to building trust and increasing the level of interpersonal relationships It has its share in the performance of competitiveness and the overall results. It acts as a regulator of the tension between the different economic and social interests of business entities and society. The response time was set at four weeks. 132 responses returned within the set time, i.e., the return rate of the questionnaire was 30.7%
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