Business ethics is the set of moral rules that govern how businesses operate, how business decisions are made and how associated resources are treated. It refers to implementing appropriate business policies and practices with regard to arguably controversial subjects that includes corporate governance, insider trading, bribery, discrimination, corporate social responsibility, and fiduciary responsibilities. It enhances the law by outlining standard behaviours beyond government control. Business ethics is based on moral and social values. It contains moral and social principles or rules for doing business. This includes self-control, consumer protection and welfare, service to society, fair treatment to social groups, not to exploit others, etc. The three C's of business ethics include compliance, contributions and consequences.

Abhijith S

354 resources

0

6

0

Like