scholarly journals The Benefits of Business Ethics - Ethical Behavior of Decision Makers: the Empirical Findings from Croatia

2017 ◽  
Vol 8 (4-1) ◽  
pp. 9-14
Author(s):  
Ivana Bulog ◽  
Ivan Grančić

Abstract More than ever before, the ability of managers to recognize and deal with complex business ethical issues has become a significant priority. Ethical behavior has always been a concern for managers because they are the ones that have major responsibility in company when it is about business ethics. Managers’ work is manly the work of making decisions. On a daily basis they are making decisions - big and small ones - on which company future depends. Interest in business ethics and ethical behavior is on the rise, especially in recent years when widespread moral corporate scandals have brought this topic to the fore. Therefore, the organizational environment demands effective managers - decision makers -with the ability to behave ethically and the ability to make right choices. There is no doubt that the ethical behavior of decision makers is of strategic importance for successful business. It could be acknowledged that among the numerous different factors that can determine a company’s progress, the key elements that contribute to a more successful achievement of company competitive advantage is the ethical behavior of managers. This paper aims at analyzing the benefits of business ethics and at identifying the ethical behavior of managers in a big company in Croatia. Qualitative research was conducted and interesting and somewhat puzzling results were found. Based on the overall findings, this research offers the foundation for future research in this area. The implications of the findings are discussed in terms of value for managers and their companies due to the improvement and development of business ethics and their ethical behavior.

Author(s):  
Sorinel Căpusneanu ◽  
Dan Ioan Topor

This chapter illustrates aspects of business ethics and cost management applicable to small and medium-sized entities. The main objectives of this chapter are to identify and clarify ethical issues and business ethics theories applicable to small and medium-sized entities as well as to identify the functions and principles underpinning the cost management of small and medium-sized entities. Based on the literature, the authors also identify the factors that generate the ethical behavior, the organizational culture, the factors that influence the cost management of small and medium entities. There are also highlights of sustainable development and corporate social responsibility through which small and medium-sized entities align with the expectations and requirements of customers, the population and investors. Through the authors' contribution, a new conceptual and empirical framework is created to discuss other issues encountered in the business environment of small and medium-sized entities.


2011 ◽  
Vol 11 (2) ◽  
pp. 214-223 ◽  
Author(s):  
John McManus

PurposeThe purpose of this paper is to explore the challenges faced by corporations in incorporating ethics into their strategic management processes.Design/methodological approachThe research is based on a survey of the issues and the literature published in Europe, North America and Asia.FindingsFindings indicate a definite gap between the implementation of strategy and the moral and ethical obligations of corporations. Given the decline in business ethics and recent corporate scandals it is proposed that ethics be brought back to the forefront of strategic management and integrated into the strategic management process.Research limitations/implicationsThe paper serves as a instrument for debate and future research in that the ethical issues faced by corporations will continue to gather momentum as will the issues faced by traditional strategists.Originality/valueThis paper allows researchers and practitioners to gain an understanding of the issues and shortcomings in strategy and ethical integration, which allows for future research.


Author(s):  
Sorinel Căpusneanu ◽  
Dan Ioan Topor

This chapter illustrates aspects of business ethics and cost management applicable to small and medium-sized entities. The main objectives of this chapter are to identify and clarify ethical issues and business ethics theories applicable to small and medium-sized entities as well as to identify the functions and principles underpinning the cost management of small and medium-sized entities. Based on the literature, the authors also identify the factors that generate the ethical behavior, the organizational culture, the factors that influence the cost management of small and medium entities. There are also highlights of sustainable development and corporate social responsibility through which small and medium-sized entities align with the expectations and requirements of customers, the population and investors. Through the authors' contribution, a new conceptual and empirical framework is created to discuss other issues encountered in the business environment of small and medium-sized entities.


Author(s):  
Zaleha Othman ◽  
Fathilatul Zakimi Abdul Hamid

Despite the growing interest in qualitative research and discussion of ethics, there has been little focus in the literature on the specific ethical dilemmas faced by researchers. In this paper, we share our fieldwork experiences regarding the ethical dilemmas that we encountered while doing research on a sensitive topic. Specifically, we share some of the ethical dilemmas, that is, concerning confidentiality, anonymity, legitimacy, controversial data, interpretation and off-the-record data, which emerged from the research. Most importantly, this paper shares ideas concerning how researchers might deal with ethical issues while preserving their integrity in the research process. Overall, this paper suggests approaches that qualitative researchers can adopt when doing research on sensitive topics. The paper contributes towards closing an existing gap in the literature, making visible the challenges frequently faced by qualitative researchers, that is, the vulnerability of researchers while preserving research integrity. Finally, this paper concludes with the suggestion that ethical dilemmas are part of the research process in doing qualitative research. However, it is suggested that future research should focus on ethical issues from the perspective of the researchers as well as the respondents.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Vivek Kumar ◽  
Arpita Srivastava

Purpose This paper aims to map the evolution of research in business ethics from 1991 to 2018. It aims to identify the major themes and how they have evolved. It also aims to identify gaps in the literature for recommending future research agenda. Design/methodology/approach This study uses co-word network analysis. Co-word network analysis is a bibliometric technique used to objectively identify research themes via article keywords. The study examines articles from 1991 to 2018, which is a span encompassing a greater number of articles than previous bibliometric studies in business ethics. This time span was split into four periods and major research themes were identified for each period to map the changes in research agendas in the business ethics discipline over time. Findings The findings point to increasing maturation of the discipline, a slight decline in ethical decision-making research, a rise in research at the intersection of leadership and ethics and exponential growth in studies on corporate social responsibility. Ethical issues in business-to-business contexts are understudied. Research in environmental disclosures and leadership is expected to grow in the future. Originality/value This is the first study in business ethics to use keywords for analyzing the evolution of a discipline. This study encompasses more articles than any other study in business ethics. Finally, this is the only study to use co-word network analysis to study business ethics literature.


Author(s):  
Margaret C. McKee

Recent high profile corporate scandals have sparked considerable discussion about the need for increased research into business ethics. This paper reviews the extant literature on ethical leadership, and makes recommendations for future research.


Author(s):  
Jana Markesova ◽  
Mirko Dohnal ◽  
Anna Putnova

There is an unwritten assumption that success and business ethics are closely interrelated, and that it is not possible, in a successful business, to disregard moral and ethical principles on the long run. Unfortunately, it is extremely difficult to verify such an assumption.Knowledge of ethics and its relations with economics are vague, inconsistent, partially subjective and sparse. That is why it cannot be studied using traditional mathematical and statistical methods.


2012 ◽  
pp. 78-90
Author(s):  
Thang Nguyen Ngoc

Knowledge and the capability to create and utilize knowledge today are consid- ered to be the most important sources of a firm’s sustainable competitive advantage. This paper aims to advance understanding of the knowledge creation of firm in Vietnam by studying Alphanam Company. The case illustrates how knowledge- based management pursues a vision for the future based on ideals that consider the relationships of people in society. The finding shows that the case succeeded because of their flexibility and mobility to keep meeting to the changing needs of the customers or stakeholders. The paper also provided some suggestions for future research to examine knowledge-based management of the companies in a different industry segments and companies originating in other countries


2018 ◽  
Vol 9 (8) ◽  
pp. 660-665
Author(s):  
Chi Sheh ◽  
◽  
Peng Chan ◽  
Wen Jun Sim ◽  
◽  
...  

Fast fashion is becoming more and more popular nowadays and this industry is growing rapidly. In order to supply to the big demand of fast fashion clothing, company will need to increase the production of the clothing in shorter time frame. Besides that, to out beat the competitor, company will provide more choices of clothing in cheaper price to the customers. By practicing these actions to increase the business profits, company is behaving unethical to the manufacturer of the cloth. Most consumers are not aware of these ethical issues. This paper is will used and tested the conceptual model of fast fashion business ethics based on literature reviews. The finding from this paper will manifest the “real cost” of a cheap and branded fast fashion clothing and will be supported by real life event that happened. However, after realizing the problems, some company did make some changes and the solutions are stated in the paper as well.


2020 ◽  
Vol 4 (1) ◽  
pp. 15-29
Author(s):  
Nour El Houda Yahiaoui ◽  
Abdelmadjid Ezzine

Corporate governance systems are developed to govern corporations, build trust and create sustainable value for all stakeholders. Paradoxically, in spite of massive efforts in developing governance systems, corporate scandals are persisting. Different studies have strongly recommended business ethics as a solution to this paradox. Thus, this study explores if business ethics supports corporate governance practices in a sample of Algerian corporations. The study used a mixed methodology; qualitative: since this subject is poorly addressed in the Algerian context that requires an exploratory study. Quantitative by developing a structural model demonstrating the relationship between business ethics and corporate governance, Data for the study were collected by means of a questionnaire distributed on an anonymous basis to corporations’ senior managers in Sidi Bel Abbes district. Treatment of collected data is done using two types of analysis: the structural equations modeling approach by using the PLS Path approach (PLS Path Modeling) and linear regression. The study finds out that business ethics leads to better levels of corporate governance and supports its practices; and the reason is mainly due to an implicit involuntary commitment to laws as a minimum required level of compliance, and that the protection of stakeholders’ rights are the most important corporate governance’s dimension affected by business ethics.


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