Importance Of Business Ethics And Social Responsibility

Chapter 9

Business Ethics and Social Responsibility

9.1 Introduction

The ethics are a set of moral rules that have the function of regulating the relations or the conduct of men in a given context or scope. Note that ethics is precisely that part of philosophy that just deals with the morality of the acts of human beings and therefore according to a moral standard established and agreed enables us to determine the actions as good or as bad.

Meanwhile, business ethics is a branch within the ethics that special care and exclusive manner of moral questions that arise or are raised at the request of the business world, companies.

They are so many and varied issues regarding this discipline, among which are the following: the inherent business moral

Because when company directors observe attitudes and behaviours that are ethically consistent infect and motivate its employees to act in the same way. You putting it in simpler terms, when practiced from above by example, they absorb the lower strata that ideal and respond in the same direction.

Then, as in any endeavour raw respect for ethical values it is almost a sine quean anyone proceed in order to corrupt the meantime those organizations in which the economic benefits are the only ones in charge, there they will tend to forget the respect for moral principles. However, when the economic issue is dominating an additional problem that is the staff suffers a kind of contradiction between the moral principle that follows and pressure to achieve the economic goals that are sent from the address adds.

If the aim is to have a lasting, solid company that arouses confidence is essential to assign him time and space to the cultivation of moral values

In developed countries, there is legislation detailed, civil, criminal, labour, administrative, commercial, which specifies that responsibilities have individuals and corporations. In developed countries, there are also sufficiently reliable court systems seeking to impose legal responsibilities when necessary. What is new is the social conscience that this corporate responsibility there is, and that should be effective even when the law fails to impose it. For example, when concerning acts performed outside the borders of the country of nationality of the Corporation, when no law protects the affected property or when the procedure of judicial service is so slow it is useless. In these cases, and many bulls, external and internal agents pressure directly to the Organization, to the extent that can be so that they take responsibility for their actions, to the margin of whether they have or not a legal obligation to do so. These pressures, which in any way imply recognition of the impotence of the State against the organizations, can lead, when they accumulate, which we can call moral bankruptcy of these same organizations. At one point, an organization that has neglected their responsibilities can be found before a bankruptcy of this kind, which leads to an accounting bankruptcy and ending by eroding the confidence of consumers, Governments, and financial markets. Organizations with a strong ethical