Abstract
Researchers agree that ethics and ethical behaviour have become two of the most important topics of the new millennium. Reasons for this can include changing business conditions as well as the growing public demand for quality services, reasonable prices and honest treatment. Furthermore, the present wave of corruption in South African business makes it important to focus on management-related factors that seem to influence employees’ decisions to behave ethically at work. These phenomena will be used as a basis to make practical suggestions on how to improve the situation.
Highlights
Ethics and ethical behaviour have become two of the most important topics of the new millennium
At the same time, changing business conditions exposing companies to greater ethical risks, mergers, takeovers, diversification, divestitures, deregulations and the pressure of international competition have increased the ethical vulnerability of companies in virtually every industry (Du Plessis et al, 1997:2; Van Zyl, 1999:16)
The managerial hierarchy is an important source of ethical influence and provides an impetus for finding ways of managing business ethics
Summary
Ethics and ethical behaviour have become two of the most important topics of the new millennium. Esterhuizen (1992:69) indicates that the growing public demand for quality services, reasonable prices and honest treatment is giving rise to the focus on ethical behaviour in South Africa. In South Africa we have dual exchange rates, quantitative controls, permits, regulations, non-competitive furnishing of services and goods, power without discretion and little or no accountability at times (King, 1993:1). One way to go about is to let corporations increase the human dimension in the way they manage people. This means inter alia that leadership has to be practised in such a way that subordinates can identify and go along with it (Lapin, 1992)
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