Essay: Corporate Ethics after the Financial Crisis of 2008
Corporate Ethics refer to the acceptable moral practices in business. It includes moral principles, values and codes of conduct that determines the behavior of group of individuals in satisfying their customers’ needs. It also entails honesty, straight forwardness, trust, fairness and other core values that surround decision making business transactions or deals. Corporate or business ethics consider other business stakeholders’ interests during various business transactions. Corporate ethics and business success are therefore inseparable.
Upholding corporate ethics is one of the best ways by which companies can ensure their maximum benefits. Managements should not give higher priorities to their personal