Need For Business Ethics Research Articles

Do business ethics really matter?

Do business ethics really matter?

Perception Regarding Ethical Rules Implemented in the Context of Corporate Governance: A Study in Banking Sector

Purpose - Ethics, which constitute the behaviors that should be abided by or avoided by parties, are all material and non-material factors that include social, cultural, economic and scientific values that are the basis for inter-personal relationships, and are a discipline that deal with behavioral norms and rules such as correct or wrong, good or bad, which people have to abide by. In this regard, the purpose of this study is to demonstrate business ethics in corporate governance and assessment of the need for business ethics, leader and behaviors relationship in corporate governance, explanation of organizational and its impacts on workers as well as perception of workers in banking sector regarding the rules implemented in the context of corporate governance and the impacts of such rules. Methodology- In this study, questionnaire method was used as data collection method and ten demographical questions as well as nine questions regarding ten scales, eleven scales and five non-ethical behavior scales were asked in the questionnaire. This study is a relational screening model that reviews the relations among two different situations that can affect each other in terms of several variables. Findings- There were no statistically significant differences in terms of ethical leadership scale scores between males and females in this study and there was a significant difference in terms of ethical leadership and ethical climate between married and single individuals observed. The desire of married individuals to work in a more stable environment and tend to be less risky also lead to the valuing of and climate. When we look at educational status and education areas, there was a statistically significant difference between ethical leadership and ethical climate scale scores. Conclusion- This study is a guide and it will play a role and contribute to institutions in determining their own ethics and spreading this ethics to the personnel working at bank through training to be given to employees of the institution. It is foreseen that the banking structure, which is a growing and spreading system, can develop even more with the rules internalized by the employees in addition to the the written rules, which can affect the business loyalty and motivation of the employees in the bank. Keywords: Et hical, Ethical Leadership, Ethical Climate,Corporate Governance

Business ethics and spirituality for corporate sustainability: a Buddhism perspective

Globally, ethical concerns principally focus on the need for business ethics as well as an emphasis on spiritual leadership to enhance long-term effectiveness and corporate sustainability. This paper responds to a call for further studies of business ethics and spirituality in workplaces and advances the currently limited knowledge in the realm, in particular, from an Eastern Buddhism perspective. Using a case study research approach, this paper investigates how a modern company can ethically and spiritually lead and manage a successful, sustainable business. A Buddhist-based philosophy of “Sufficiency Economy,” as advocated by United Nations Development Programme was used as the research framework to examine the philosophy’s ethical and spiritual application. The findings suggest that, to achieve long-term corporate sustainability, a successful business enterprise should embrace good ethical and spiritual values via ethics/morality, knowledge, moderation, reasonableness, resilience, compassion and care for its stakeholders. Implications, limitations and future research are discussed.

BUSINESS ETHICS FOR BUSINESS SUSTAINABILITY IN MUHAMMADIYAH HOSPITAL: EVIDENCE FROM PONOROGO, INDONESIA

The purpose of this study is to examine how business ethics can support business sustainability in hospitals. Business ethics is associated with: Hospital professional ethics, medical professional ethics, professional accounting ethics, and Islamic business ethics. This study used a qualitative approach with phenomenological analysis techniques to process the data collected from key informants, through Focus Group Discussions (FGD) with 20 supervisors, in-depth interviews with six members of the management, 11 outside observations, and documentation over a period of six months. The business ethics theory was used to guide the research’s findings. The business sustainability theory was used to find the relationship of the research’s findings with the opinions of four expert informants for the purpose of triangulation on the reasons for conducting Islamic business ethics for a sustainable business. The finding of this study is the reason for running the hospital ethically. The finding of this study can be used to redesign the vision and mission of the hospital as a basis for achieving better performance. The implication of the finding of this research is the need for business ethics in the design of internal systems.

Towards Business Ethics as an Academic Discipline

Recalling several profound disagreements about business ethics as it is currently discussed in Western societies, I emphasize the need for business ethics as an academic discipline that constitutes the “backbone” for both teaching business ethics and improving business practice (section 1). Then I outline a conceptual framework of business ethics that promotes a “bottom-up” approach (section 2). This “problem-and action-oriented” conception appears to be fruitful in terms of both practical relevance and theoretical understanding. Finally, I argue for (section 3) the relevance of discussing goals at all levels of human action (i.e., individuals, organizations, systems) as well as the indispensability of human rights, and propose Amartya Sen's “goal-rights-system” approach as a normative-ethical framework for business ethics that integrates these two fundamental aspects.

Towards Business Ethics as an Academic Discipline

AbstractRecalling several profound disagreements about business ethics as it is currently discussed in Western societies, I emphasize the need for business ethics as an academic discipline that constitutes the “backbone” for both teaching business ethics and improving business practice (section 1). Then I outline a conceptual framework of business ethics that promotes a “bottom-up” approach (section 2). This “problem-and action-oriented” conception appears to be fruitful in terms of both practical relevance and theoretical understanding. Finally, I argue for (section 3) the relevance of discussing goals at all levels of human action (i.e., individuals, organizations, systems) as well as the indispensability of human rights, and propose Amartya Sen's “goal-rights-system” approach as a normative-ethical framework for business ethics that integrates these two fundamental aspects.

Business ethics in a competitive market

Consequentialist reasoning and neoclassical assumptions about perfectly competitive markets encourage business school faculty and students to overlook the role of ethics in a market system. In a perfectly competitive economy, self-interest suffices to bring about a desirable outcome. However, discrepancies between an economist's assumptions and the realities of a market economy establish a need for business ethics. This essay, written as a lecture for MBA students, first reviews Pareto optimality as an argument in favor of market allocations. It then uses the discrepancies between actual and hypothetical markets to derive a Rawlsian duty of civility. This neoclassical case for business ethics requires individuals to avoid exploiting the defects that are inevitable in any social structure.

Does Business Ethics Make Economic Sense?

I begin not with the need for business ethics, but at the other end—the idea many people have that there is no need for such ethics. That conviction is quite widespread among practitioners of economics, though it is more often taken for granted implicitly rather than asserted explicitly. We must understand better what the conviction rests on and why it may be mistaken.

Economic efficiency: A paradigm for business ethics

Current teaching, writing and thinking in business ethics reflects (more than) a tendency to subsume business into the theoretical, idealistic and impractical objectives of philosophical ethics. Professors Primeaux and Stieber argue against this tendency. They propose the basic business model of economic efficiency as a practical and appropriate paradigm for business ethics. Understood from a behavioral perspective, economic efficiency reflects all of the ethical considerations of the academic study of philosophical ethics, but in a much more concrete and applicable manner. In effect, they are proposing that any study of business ethics defines its starting point and focus of reference in terms of economic efficiency. qu]Is there a need for business ethics? Yes, of course! Can business ethics be taught? Well, yes. But ... But, what? But, how?