There is much talk today about ethics in business – as there should be, but there should be more than talk; there should be a high moral code for all executives who are responsible to both their customers and their shareholders. For example, if your coworkers make long-distance telephone calls on company time and at company expense, you might view that behavior as acceptable and ethical because everyone does it. Significant others are persons to whom someone is emotionally attached-spouses, friends, and relatives, for instance.
Peoples’ conflicting beliefs are revealed daily in expressions such as “It’s just business” (which attempts to exonerate commerce of all but the hardest of legislative controls) and, conversely, in aspirations such as “We will only prosper through creating win-win situations with partners and customers”.
Without being perceived as a sign of economic strength, social responsibility has today the form of corporate civic – a way to create stable and profitable business relationship for all parties, a non-aggressive way, less harmful to work around the community, a friendly way of communication with society.
Some of the ethical policies followed by the company include national interest, support from open market economy, gift and donation for social cause, political non alignment, health safety and environment care, quality product and service and regulatory compliance etc.
If you start early, and instill a good sense of ethical conduct within your employees, or as an employee cultivate these ethics within yourself, then you can be assured of working in a company that will not fall prey to deceptive practices and fraudulent processes.