How to manage business ethics effectively?
The main purpose of this paper is exploring ways to manage business ethics effectively. To achieve this, first of all, the paper reviews the concepts and importance of business ethics together with its components, such as corporate ethics codes and corporate social responsibility (CSR). Next, five w...
Main Author: | |
---|---|
Format: | Article |
Language: | English |
Published: |
HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE
2012-08-01
|
Series: | Ho Chi Minh City Open University Journal of Science - Economics and Business Administration |
Subjects: | |
Online Access: | https://journalofscience.ou.edu.vn/index.php/econ-en/article/view/75 |
_version_ | 1819107237473288192 |
---|---|
author | Tran Kiem Viet Thang |
author_facet | Tran Kiem Viet Thang |
author_sort | Tran Kiem Viet Thang |
collection | DOAJ |
description | The main purpose of this paper is exploring ways to manage business ethics effectively. To achieve this, first of all, the paper reviews the concepts and importance of business ethics together with its components, such as corporate ethics codes and corporate social responsibility (CSR). Next, five ways to manage business ethics efficiently are revealed. Based on these suggested ways, the paper recommends four practical actions for managers to have good management skills in this field. These recommendations are setting up an effective corporate ethics code, acting and behaving ethically in any circumstances, setting up rules and regulations, and advancing CSR in a very wise way. The paper concludes with two issues for future researchers: whether corporations need a business ethics manager/ specialist, and how companies motivate their employees to act ethically |
first_indexed | 2024-12-22T02:50:51Z |
format | Article |
id | doaj.art-40317b88ff1a42ae96f8a955023036c2 |
institution | Directory Open Access Journal |
issn | 2734-9314 2734-9586 |
language | English |
last_indexed | 2024-12-22T02:50:51Z |
publishDate | 2012-08-01 |
publisher | HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE |
record_format | Article |
series | Ho Chi Minh City Open University Journal of Science - Economics and Business Administration |
spelling | doaj.art-40317b88ff1a42ae96f8a955023036c22022-12-21T18:41:24ZengHO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCEHo Chi Minh City Open University Journal of Science - Economics and Business Administration2734-93142734-95862012-08-0121899510.46223/HCMCOUJS.econ.en.2.1.75.201258How to manage business ethics effectively?Tran Kiem Viet Thang0Faculty of Business AdministrationThe main purpose of this paper is exploring ways to manage business ethics effectively. To achieve this, first of all, the paper reviews the concepts and importance of business ethics together with its components, such as corporate ethics codes and corporate social responsibility (CSR). Next, five ways to manage business ethics efficiently are revealed. Based on these suggested ways, the paper recommends four practical actions for managers to have good management skills in this field. These recommendations are setting up an effective corporate ethics code, acting and behaving ethically in any circumstances, setting up rules and regulations, and advancing CSR in a very wise way. The paper concludes with two issues for future researchers: whether corporations need a business ethics manager/ specialist, and how companies motivate their employees to act ethicallyhttps://journalofscience.ou.edu.vn/index.php/econ-en/article/view/75business ethicscorporate ethics codecorporate social responsibility |
spellingShingle | Tran Kiem Viet Thang How to manage business ethics effectively? Ho Chi Minh City Open University Journal of Science - Economics and Business Administration business ethics corporate ethics code corporate social responsibility |
title | How to manage business ethics effectively? |
title_full | How to manage business ethics effectively? |
title_fullStr | How to manage business ethics effectively? |
title_full_unstemmed | How to manage business ethics effectively? |
title_short | How to manage business ethics effectively? |
title_sort | how to manage business ethics effectively |
topic | business ethics corporate ethics code corporate social responsibility |
url | https://journalofscience.ou.edu.vn/index.php/econ-en/article/view/75 |
work_keys_str_mv | AT trankiemvietthang howtomanagebusinessethicseffectively |