This document summarizes a research paper that examines the impact of workplace ethics on employee and organizational productivity in India. It begins by defining ethics, morals, and values. It then discusses the importance of ethical behavior and employment relations for organizational development and productivity.
The paper reviews literature on the topics of ethics and employee commitment. It presents the objectives and conceptual framework of the study, which used a survey method to collect data from 100 employees across sectors in India.
The results found relationships between ethical standards like integrity, work attitude, commitment, teamwork, and discipline with organizational productivity. Commitment had the strongest relationship. However, integrity and discipline were found to have negative impacts. The paper concludes that observing workplace ethics through
Role and Significance of Ethics in Human Resource Practices at Organization A...ijtsrd
This document discusses ethics in human resource practices at organizations. It begins by defining ethics and explaining how ethical values can benefit organizations by channeling employee energies into pursuits that are beneficial to society. It then discusses some common ethical issues that arise in HR activities like compensation, labor relations, health and safety, and training. The document reviews several past studies that have examined various aspects of ethics in HR. It outlines the objectives of exploring the role and significance of ethics in HR practices. Finally, it discusses how ethics can influence HR in organizations and some specific ethical issues that commonly arise related to compensation, discrimination, and employment practices.
A Study On Ethical Dilemmas Of Managers At Workplace.PdfDeja Lewis
This document reports on a study about the ethical dilemmas faced by managers in the workplace. It begins with an abstract summarizing the importance of business ethics and transparency for organizations. The introduction discusses the concept of ethical dilemmas for managers and how business ethics policies can communicate organizational priorities.
The study objectives were to identify areas where managers encounter ethical dilemmas, analyze managerial attitudes toward ethics, evaluate how managers overcome dilemmas, and understand how company strategies like codes of ethics support managers. The methodology involved surveying managers from various industries in India. Results found managers were generally ethical but did face dilemmas. Company strategies were meant to help managers navigate dilemmas and maintain ethics.
This document summarizes a research paper that examines the impact of business ethics on Nigerian financial institutions. It provides an overview of ethics and corporate image. It discusses ethical leadership and the characteristics of an ethical leader. It also reviews cross-cultural differences within business environments and how perceptions of ethics can vary between cultures. The document aims to explore unethical practices within the Nigerian financial sector and their effects on these institutions.
An appraisal on small firms corporate cultureprjpublications
This document discusses the relationship between corporate culture, innovation, and reward systems in small firms. It argues that developing a corporate culture that supports innovation must be accompanied by an appropriate reward system. A study of small firms in Chennai found a statistically significant relationship between corporate cultures that support innovation and reward system features. Most innovative companies have reward systems that encourage and reinforce innovative behaviors that are part of the corporate culture. Statistically significant relationships were also found among innovation rewards, corporate culture, and different features of variable pay systems.
The challenges-in-implementation-of-ethics-in-organizationOsamaBishr1
This document summarizes research on the challenges of implementing ethics in organizations. It identifies several key challenges: lack of enforcement of ethics policies, organizational cultures that do not strongly promote ethics, poor leadership that does not prioritize and model ethical behavior, and lack of ethics training for employees. The article discusses how these factors can undermine efforts to establish codes of ethics and influence employees' ethical decision-making and actions. Effective implementation of ethics requires addressing these challenges through consistent enforcement, developing an ethical culture, strong ethical leadership, and providing ethics education.
Business ethics corporate culture and strategic leadership for organization...IAEME Publication
This document discusses the relationship between business ethics, corporate culture, and strategic leadership for organizational effectiveness. It defines these concepts and provides examples of how leading companies integrate ethics and values into their corporate culture and strategy. Specifically, it discusses how strategic leaders who prioritize ethics can create a strong culture that encourages high-quality work and employee prosperity. However, it also notes that disasters like Enron occurred when strategy emphasized profits over ethics. Overall, the document argues that business ethics, corporate culture, and strategy must work together to ensure long-term organizational success.
Business ethics corporate culture and strategic leadership for organization...IAEME Publication
Emerging Globalization of business and reducing importance of human values, it
has become extremely important to adapt correct strategies as well as include Ethics as part
of the day-to-day business. In Indian Institute of Management Calcutta (IIMC) has made
'Business Ethics' as a mandatory subject for all the programs they are running. This is one of
the examples of Ethics becoming an important part of Business.
If we look at most successful businesses today, companies like Infosys, Apple, and
IBM have a combination of ‘Values’ combined with ‘Strategy’, which is demonstrated by the
great leaders who founded and nurtured these companies. It will be interesting to see how
Strategy and Ethics can go hand in hand to create promising corporate culture for employees
in a Corporate.
Strategic Leader giving high importance to business ethics can create a great corporate
culture and encourage its employees to prosper in this environment. We have seen disasters
like Enron Corporation and Satyam Computers where strategy was at its best but business
ethics was missing which shows importance of both going hand-in-hand to make the culture
blossom and make the Corporates a successful entity producing high quality manpower in the
business and society.
This document summarizes a research study on the relationship between corporate culture, innovation, and reward systems in small firms. The study found that corporate cultures supporting innovation through values like accepting failure can be reinforced by appropriate reward systems. A survey of 68 small firms in India found statistically significant relationships between cultural features encouraging innovation and innovation-linked rewards and compensation elements. The document concludes that corporate culture and reward systems can both encourage and sustain innovation in organizations if aligned properly.
Role and Significance of Ethics in Human Resource Practices at Organization A...ijtsrd
This document discusses ethics in human resource practices at organizations. It begins by defining ethics and explaining how ethical values can benefit organizations by channeling employee energies into pursuits that are beneficial to society. It then discusses some common ethical issues that arise in HR activities like compensation, labor relations, health and safety, and training. The document reviews several past studies that have examined various aspects of ethics in HR. It outlines the objectives of exploring the role and significance of ethics in HR practices. Finally, it discusses how ethics can influence HR in organizations and some specific ethical issues that commonly arise related to compensation, discrimination, and employment practices.
A Study On Ethical Dilemmas Of Managers At Workplace.PdfDeja Lewis
This document reports on a study about the ethical dilemmas faced by managers in the workplace. It begins with an abstract summarizing the importance of business ethics and transparency for organizations. The introduction discusses the concept of ethical dilemmas for managers and how business ethics policies can communicate organizational priorities.
The study objectives were to identify areas where managers encounter ethical dilemmas, analyze managerial attitudes toward ethics, evaluate how managers overcome dilemmas, and understand how company strategies like codes of ethics support managers. The methodology involved surveying managers from various industries in India. Results found managers were generally ethical but did face dilemmas. Company strategies were meant to help managers navigate dilemmas and maintain ethics.
This document summarizes a research paper that examines the impact of business ethics on Nigerian financial institutions. It provides an overview of ethics and corporate image. It discusses ethical leadership and the characteristics of an ethical leader. It also reviews cross-cultural differences within business environments and how perceptions of ethics can vary between cultures. The document aims to explore unethical practices within the Nigerian financial sector and their effects on these institutions.
An appraisal on small firms corporate cultureprjpublications
This document discusses the relationship between corporate culture, innovation, and reward systems in small firms. It argues that developing a corporate culture that supports innovation must be accompanied by an appropriate reward system. A study of small firms in Chennai found a statistically significant relationship between corporate cultures that support innovation and reward system features. Most innovative companies have reward systems that encourage and reinforce innovative behaviors that are part of the corporate culture. Statistically significant relationships were also found among innovation rewards, corporate culture, and different features of variable pay systems.
The challenges-in-implementation-of-ethics-in-organizationOsamaBishr1
This document summarizes research on the challenges of implementing ethics in organizations. It identifies several key challenges: lack of enforcement of ethics policies, organizational cultures that do not strongly promote ethics, poor leadership that does not prioritize and model ethical behavior, and lack of ethics training for employees. The article discusses how these factors can undermine efforts to establish codes of ethics and influence employees' ethical decision-making and actions. Effective implementation of ethics requires addressing these challenges through consistent enforcement, developing an ethical culture, strong ethical leadership, and providing ethics education.
Business ethics corporate culture and strategic leadership for organization...IAEME Publication
This document discusses the relationship between business ethics, corporate culture, and strategic leadership for organizational effectiveness. It defines these concepts and provides examples of how leading companies integrate ethics and values into their corporate culture and strategy. Specifically, it discusses how strategic leaders who prioritize ethics can create a strong culture that encourages high-quality work and employee prosperity. However, it also notes that disasters like Enron occurred when strategy emphasized profits over ethics. Overall, the document argues that business ethics, corporate culture, and strategy must work together to ensure long-term organizational success.
Business ethics corporate culture and strategic leadership for organization...IAEME Publication
Emerging Globalization of business and reducing importance of human values, it
has become extremely important to adapt correct strategies as well as include Ethics as part
of the day-to-day business. In Indian Institute of Management Calcutta (IIMC) has made
'Business Ethics' as a mandatory subject for all the programs they are running. This is one of
the examples of Ethics becoming an important part of Business.
If we look at most successful businesses today, companies like Infosys, Apple, and
IBM have a combination of ‘Values’ combined with ‘Strategy’, which is demonstrated by the
great leaders who founded and nurtured these companies. It will be interesting to see how
Strategy and Ethics can go hand in hand to create promising corporate culture for employees
in a Corporate.
Strategic Leader giving high importance to business ethics can create a great corporate
culture and encourage its employees to prosper in this environment. We have seen disasters
like Enron Corporation and Satyam Computers where strategy was at its best but business
ethics was missing which shows importance of both going hand-in-hand to make the culture
blossom and make the Corporates a successful entity producing high quality manpower in the
business and society.
This document summarizes a research study on the relationship between corporate culture, innovation, and reward systems in small firms. The study found that corporate cultures supporting innovation through values like accepting failure can be reinforced by appropriate reward systems. A survey of 68 small firms in India found statistically significant relationships between cultural features encouraging innovation and innovation-linked rewards and compensation elements. The document concludes that corporate culture and reward systems can both encourage and sustain innovation in organizations if aligned properly.
This document discusses managing ethics in the workplace and its effects on productivity. It presents a paper for a course on organizational behavior at the University of Nigeria. The paper aims to determine various ethical issues in the workplace, how they can be managed, and the effects of managing ethics on productivity. It provides background on the topic, statements the problem and objectives, and outlines the research questions, scope and methodology. The literature review examines definitions of ethics, current ethical issues in business, and how to handle ethical issues in the workplace.
Sustainable Leadership Competency Model Leading To Business Growth and Develo...inventionjournals
This study identified a sustainable leadership competency model leading to business growth and development for developing healthcare executives in Kolkata, India based on the Healthcare Leadership (HL) Model. Eleven chief executive officers and chief medical officers were interviewed. They considered 86% of the Healthcare Leadership (HL) competencies as very important or vital and perceived a gap in the performance of these competencies. They also identified additional vital competencies beyond the scope of the model. Participants also reported that leadership development and succession planning programs were lacking. Recommendations are to design a leadership development program using the HL model as a framework and further customizing the approach as per the organization’s unique mission, vision, strategy, values, and circumstances. The HL is offered as a general strategy for leader development that could be useful in the growth and development of Indian private healthcare industry, based on some “best practices” in the design and implementation of the leadership programs.
ETHICS IN HUMAN RESOURCE MANAGEMENT (HRM)EthicsEthics entail.docxSANSKAR20
ETHICS IN HUMAN RESOURCE MANAGEMENT (HRM)
Ethics
Ethics entails those values which have been adopted by individuals or rather instilled by the external forcesthat help one in distinguishingthe right from what is wrong. Thus, such a person tends to act accordingly. Ethics originates from a number of sources which include religion, organizational culture, and legal obligations, among others. (Resource Management Institute, n.d.).
Ethics is one of the basic elements of human life. Ethics forms the base which people decide what course of action to take. It shapes an individual’s plans and, therefore, without it, a person’s actions would be random and aimless. This amounts to total confusion for a person as well as in organizations. Organizations would lack waysof working towards their set goals. This is because bringing differencesseveral goals is difficult.
Having an ethical standard is not a perfection, it can be a challenge for organizations to effectively work on their goals and successfully realizing them. The issue here is that, the degree of a rational ethical standard determines the extent to which an organization can organize its goals and actions in the right manner. This fostersthe achievement ofthe most important values. Any shortcoming in ethics disable successful endeavors.
Ethics affects the way the society view actions. It dictates what is taken to be good and what is considered as bad, what is right or wrong. The society or even organization will take each and every action to ensure they work in accordance with the existing ethical standards. Any deviation from the accepted code of ethics amounts to a breach of ethical standards. There are always repercussions for this. The responsible person or organization is liable to a penalty.
Ethical issues are dynamic. They vary from one community to another and from one organization to another. What is considered ethical in one community or organization may be unethical in another. This makes the ethics concept a bit complex. This means some ethical issues or standard may not be applied universally. (Kidder, 2003).
Human Resource Management (HRM)
HRM involve activities dealing with the human resources in an organization. These activities include:
i. Employment opportunities to the people
ii. Resource development
iii. The actions taken in the utilization and compensationof employee services
All the above activitiesaredone in line with the job requirements. What an organization considers to promote the achievement of its goals and objectives is considered. HRM, thus, involves the four management functions: planning, organizing, directing and controlling human activities. This is done with the intention of achieving the organizational and individual goals.
Ethics inHuman Resource Management (HRM)
Ethics associated with HRM reflects how an organization treats employees. It portrays the decency with which employees work and the distributive justice applicable to them. The conduct of busin ...
The influence of corporate ethical codes of conduct on the production of qual...Alexander Decker
This document summarizes a study on the influence of corporate ethical codes of conduct on the production of quality products among pharmaceutical companies in Nigeria. The study used a sample of 280 managers from pharmaceutical companies listed on the Nigerian Stock Exchange. The study found a significant relationship between adherence to ethics codes, enforcement of procedures, and customer satisfaction, and the production of quality products. Based on these findings, the study recommends that pharmaceutical companies establish written ethics codes to guide employee behavior and ensure high quality product production.
11.the influence of corporate ethical codes of conduct on the production of q...Alexander Decker
This document summarizes a study on the influence of corporate ethical codes of conduct on the production of quality products among pharmaceutical companies in Nigeria. It begins with an introduction discussing the increased number of business scandals and need for companies to explicitly state their ethics through codes of conduct. It then outlines the study's hypotheses that adherence to codes of ethics, enforcement procedures, and customer satisfaction are related to the production of quality products. The theoretical framework discusses prior research finding codes of ethics can inhibit unethical behavior and provide guidelines. The document concludes by discussing how codes of conduct crystallize basic rules and standards necessary to achieve objectives.
1) The document discusses ethics in business decision-making and defines ethics as "the rules and standards applied by individuals when making decisions in their business environment." It argues that conducting business ethically is critical for long-term organizational sustainability.
2) It notes that while regulation is important, it is not sufficient on its own to ensure ethical behavior as businesses can find ways around it. Fostering an ethical culture and providing a decision-making process that considers stakeholders is important.
3) The document identifies three key performance indicators of sustainable and ethical businesses: return on capital employed, leadership trust, and corporate reputation. It argues that performing well on all three will lead to long-term success.
360 degree ei implementation business model – tool to achieve competitiveIAEME Publication
The document summarizes a research paper that developed a 360 Degree Emotional Intelligence (EI) Implementation Business Model. The paper conducted a comparative analysis of the EI-based stakeholder practices of 5 large, successful companies - Tata Steel, Walmart, British Petroleum, Toyota Motors, and Samsung Electronics. Across practices related to human resources, consumers, society, government/environment, investors, and third parties, the analysis found these companies commonly prioritize satisfying stakeholders through EI initiatives. Based on this, the research proposes a business model for small/medium enterprises to implement EI strategies to achieve competitive advantages like large corporations.
360 degree ei implementation business model – tool to achieve competitiveIAEME Publication
The document summarizes a research paper that developed a 360 Degree Emotional Intelligence (EI) Implementation Business Model. The paper conducted a comparative analysis of the EI-based stakeholder practices of 5 large, successful companies - Tata Steel, Walmart, British Petroleum, Toyota Motors, and Samsung Electronics. Across practices related to human resources, consumers, society, government/environment, investors, and third parties, the analysis found many similarities in how the companies prioritize satisfying stakeholders through EI initiatives, contradicting the hypothesis that EI is not a common factor in their success. Based on these findings, the research proposes a business model for new and small enterprises to implement EI strategies to achieve competitive advantages and sustainable growth
Why are corporates moving their way towards “ethically instilled workplace”.Ethics, what we already know is the moral philosophy which determines what is right and what is wrong. A prescribed code of conduct establishes the kind of and to what extent the ethics would be practiced in the organization. The need for ethics was felt when the organization faced the moral dilemmas in the workplace. Such dilemmas were complex and everyone bought their school of idea about ethics to the table. Also, the issue of business ethics has increased attention. Corporate research and watchdog groups such as the Ethics Resource Center and the Council on Economic Priorities brings out the number of organization that engage in ethics training.
The question arises why the corporates are now more diverted towards “being ethical”. This is what we founded in our research paper that why companies are moving towards ethical, to exist in long run why it is important to adopt ethical practises with the help of certain examples of companies and what happen to them when adopt ethical and unethical behaviour in their workplace.
Concept of business ethics, the importance of ethics in business, myths about business ethics, morale reasoning, the morality of profit motive, ethics and philosophy, ethics and morality, benefits of business ethics, code of conducts; meaning and importance of social responsibility, the evolution of CSR, a morale argument of CSR, increasing relevancy of CSR, social responsibility and ethics, CSR domains.
Ethics and Corporate Social Responsibility are recognized as important concerns in making decision in all aspects of our life. And it’s contributing to accelerate the process of overall development of a nation. India being the second most populous country in the world, and have the largest number of people in need of basic amenities call for more intensive efforts as part of such initiatives in the health care space of the nation. We all know that people engage in business to earn profit. However, making profit is not the sole function of the business. It performs number of social function as it is a part of society. It takes care of those who are instrumental in securing its existence and survival. Business ethics are nothing but the application of ethics in business. It proves that business can be and have been ethical and still make profits. Today more and more interest is being given to the application of ethical practices in business dealings and the ethical implications of business. The paper delves into a comprehensive understanding of how Business Ethics and Corporate Social Responsibility involves as concept and the reason that encourage company in India to be socially responsible.
This document provides an overview of topics related to supply chain management that were discussed in an Emerging Topics class. It includes links to resources on supply chain management roles, terms, trends like blockchain, AI and IOT. It also discusses emerging issues like creating shared value, embedding sustainability, and extending corporate social responsibility to global supply chains. The document outlines lessons learned from quality improvement initiatives that could inform supply chain CSR programs with suppliers. Overall, it promotes a collaborative approach and embedding sustainability into business models from the start.
Are CEO's an Unmanaged Risk to the Organisation's they Steer?David Mallard
Are leaders, and the cultures they spawn, an unmanaged risk to the enterprises they steer? Research shows not
only the costs of failure to pay attention to business ethics
costs but the financial benefits of a focus on business ethics. Board reliance on good compliance policies
can only signal intent. The Board’s critical role in building organisational integrity involves four key activities.
Improving and promoting ethical behavior in business relationsAlexander Decker
This document discusses improving and promoting ethical behavior in business relations. It begins by introducing the objective of the study, which is to investigate the main reasons people indulge in unethical practices and how this affects corporate image and profitability. It then provides context on business ethics and conceptualizes common unethical behaviors such as abusive conduct, conflicts of interest, and dishonesty. The document categorizes causes of unethical behavior and discusses how companies can encourage ethical practices through codes of conduct, training programs, and anonymous reporting systems. Overall, the document analyzes factors that influence unethical behavior and how organizations can establish standards to improve ethics.
The document outlines the key topics in a chapter on social responsibility and ethics. It discusses classical and socioeconomic views of social responsibility, and how social obligation evolves into social responsiveness and responsibility. It examines research on the relationship between social involvement and economic performance. It also defines values-based management, managerial ethics, and how organizations can improve ethical behavior through codes of ethics, training, and leadership.
Contents
Introduction
Meaning and definitions of business ethics
Sources of business ethics
Characteristics of business ethics
Importance
Principles of business ethics
Introduction
Business is a part of society and its functions in the society.
It is the application of ethics to business.
It is the study of good and evil, right or wrong and just and unjust actions of businessmen.
Every business should be guided by ethics.
Ethics helps to survive and succeed their ventures.
Meaning and definition
It refers to the “moral principles which are considered right by the society.
It is the study of morality.
These are the moral principles and rules of conduct which govern and guide the activities of business.
According to David Fritzsche, “it is the process of evaluating decisions, either pre or post, with respect to the moral standards of society’s culture”.
The institute of global ethics defines, “the term ethics as obedience to the unforceable”.
Sources of business ethics
Religion
Culture experience
Legal system
Characteristics/features of business ethics
This document provides an introduction to business ethics. It defines business ethics as the study of business situations addressing issues of right and wrong. Business ethics examines morally right decisions, not just commercially strategic ones. The relationship between business ethics and law is described, with ethics covering issues beyond just legal compliance. Morality, ethics and ethical theory are distinguished, with ethics representing a systematic study of morality. The importance of business ethics is outlined in terms of business power and impact, its potential for good or harm, and addressing complex stakeholder demands. Business ethics is important for a variety of organization types and faces different challenges in a globalized world.
The document discusses business ethics and provides several key points:
1. Ethics refers to principles of right and wrong that govern conduct, and business ethics examines the ethics of businessmen's actions and consequences.
2. A code of ethics provides guidance for employees when facing ethical dilemmas and is most effective when developed with employee participation.
3. Business ethics is important for several reasons - it corresponds to basic human needs, creates credibility with the public, and gives management credibility with employees. Ethical behavior also helps lead to better decision making.
Corporate culture and organizational effectivenessAlexander Decker
This document summarizes a study that examined the effect of corporate culture on organizational effectiveness in the Nigerian banking industry. The study surveyed 388 managers from 24 Nigerian banks. It found that adaptability positively influences profitability and market share, but not productivity. Shared mission, employee involvement, and shared values were positively related to profitability, productivity, and market share. The study concluded that corporate culture significantly influences organizational effectiveness. It recommends that in addition to adaptability, organizations should minimize costs and waste and share their mission and values with employees to promote effectiveness.
This document discusses the effects of moral responsibility on organizational behavior. It reviews literature on how ethics impact employee actions within organizations. Unethical company cultures can socialize employees to engage in unethical or illegal acts. However, establishing clear ethical guidelines and training can promote positive behaviors. The role of human resource development professionals is to address ethics issues, define responsible actions, and encourage ethical decision-making, though some employees may act ethically despite pressures to conform.
Job analysis & Job design function of HRM helps the organization to identify the skills that are required to the employee to perform .Job design helps in motivating the employee to give the performance
Training and development refers to the process of imparting skills through formal education or on-the-job learning to help employees grow. It differs from education which is theoretical learning and can provide organizations a competitive advantage. The training process involves analyzing jobs, participants, and objectives to develop tailored content and materials using various methods like on-the-job or classroom training, then monitoring outcomes and return on investment.
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This document discusses managing ethics in the workplace and its effects on productivity. It presents a paper for a course on organizational behavior at the University of Nigeria. The paper aims to determine various ethical issues in the workplace, how they can be managed, and the effects of managing ethics on productivity. It provides background on the topic, statements the problem and objectives, and outlines the research questions, scope and methodology. The literature review examines definitions of ethics, current ethical issues in business, and how to handle ethical issues in the workplace.
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ETHICS IN HUMAN RESOURCE MANAGEMENT (HRM)EthicsEthics entail.docxSANSKAR20
ETHICS IN HUMAN RESOURCE MANAGEMENT (HRM)
Ethics
Ethics entails those values which have been adopted by individuals or rather instilled by the external forcesthat help one in distinguishingthe right from what is wrong. Thus, such a person tends to act accordingly. Ethics originates from a number of sources which include religion, organizational culture, and legal obligations, among others. (Resource Management Institute, n.d.).
Ethics is one of the basic elements of human life. Ethics forms the base which people decide what course of action to take. It shapes an individual’s plans and, therefore, without it, a person’s actions would be random and aimless. This amounts to total confusion for a person as well as in organizations. Organizations would lack waysof working towards their set goals. This is because bringing differencesseveral goals is difficult.
Having an ethical standard is not a perfection, it can be a challenge for organizations to effectively work on their goals and successfully realizing them. The issue here is that, the degree of a rational ethical standard determines the extent to which an organization can organize its goals and actions in the right manner. This fostersthe achievement ofthe most important values. Any shortcoming in ethics disable successful endeavors.
Ethics affects the way the society view actions. It dictates what is taken to be good and what is considered as bad, what is right or wrong. The society or even organization will take each and every action to ensure they work in accordance with the existing ethical standards. Any deviation from the accepted code of ethics amounts to a breach of ethical standards. There are always repercussions for this. The responsible person or organization is liable to a penalty.
Ethical issues are dynamic. They vary from one community to another and from one organization to another. What is considered ethical in one community or organization may be unethical in another. This makes the ethics concept a bit complex. This means some ethical issues or standard may not be applied universally. (Kidder, 2003).
Human Resource Management (HRM)
HRM involve activities dealing with the human resources in an organization. These activities include:
i. Employment opportunities to the people
ii. Resource development
iii. The actions taken in the utilization and compensationof employee services
All the above activitiesaredone in line with the job requirements. What an organization considers to promote the achievement of its goals and objectives is considered. HRM, thus, involves the four management functions: planning, organizing, directing and controlling human activities. This is done with the intention of achieving the organizational and individual goals.
Ethics inHuman Resource Management (HRM)
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This document summarizes a study on the influence of corporate ethical codes of conduct on the production of quality products among pharmaceutical companies in Nigeria. The study used a sample of 280 managers from pharmaceutical companies listed on the Nigerian Stock Exchange. The study found a significant relationship between adherence to ethics codes, enforcement of procedures, and customer satisfaction, and the production of quality products. Based on these findings, the study recommends that pharmaceutical companies establish written ethics codes to guide employee behavior and ensure high quality product production.
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This document summarizes a study on the influence of corporate ethical codes of conduct on the production of quality products among pharmaceutical companies in Nigeria. It begins with an introduction discussing the increased number of business scandals and need for companies to explicitly state their ethics through codes of conduct. It then outlines the study's hypotheses that adherence to codes of ethics, enforcement procedures, and customer satisfaction are related to the production of quality products. The theoretical framework discusses prior research finding codes of ethics can inhibit unethical behavior and provide guidelines. The document concludes by discussing how codes of conduct crystallize basic rules and standards necessary to achieve objectives.
1) The document discusses ethics in business decision-making and defines ethics as "the rules and standards applied by individuals when making decisions in their business environment." It argues that conducting business ethically is critical for long-term organizational sustainability.
2) It notes that while regulation is important, it is not sufficient on its own to ensure ethical behavior as businesses can find ways around it. Fostering an ethical culture and providing a decision-making process that considers stakeholders is important.
3) The document identifies three key performance indicators of sustainable and ethical businesses: return on capital employed, leadership trust, and corporate reputation. It argues that performing well on all three will lead to long-term success.
360 degree ei implementation business model – tool to achieve competitiveIAEME Publication
The document summarizes a research paper that developed a 360 Degree Emotional Intelligence (EI) Implementation Business Model. The paper conducted a comparative analysis of the EI-based stakeholder practices of 5 large, successful companies - Tata Steel, Walmart, British Petroleum, Toyota Motors, and Samsung Electronics. Across practices related to human resources, consumers, society, government/environment, investors, and third parties, the analysis found these companies commonly prioritize satisfying stakeholders through EI initiatives. Based on this, the research proposes a business model for small/medium enterprises to implement EI strategies to achieve competitive advantages like large corporations.
360 degree ei implementation business model – tool to achieve competitiveIAEME Publication
The document summarizes a research paper that developed a 360 Degree Emotional Intelligence (EI) Implementation Business Model. The paper conducted a comparative analysis of the EI-based stakeholder practices of 5 large, successful companies - Tata Steel, Walmart, British Petroleum, Toyota Motors, and Samsung Electronics. Across practices related to human resources, consumers, society, government/environment, investors, and third parties, the analysis found many similarities in how the companies prioritize satisfying stakeholders through EI initiatives, contradicting the hypothesis that EI is not a common factor in their success. Based on these findings, the research proposes a business model for new and small enterprises to implement EI strategies to achieve competitive advantages and sustainable growth
Why are corporates moving their way towards “ethically instilled workplace”.Ethics, what we already know is the moral philosophy which determines what is right and what is wrong. A prescribed code of conduct establishes the kind of and to what extent the ethics would be practiced in the organization. The need for ethics was felt when the organization faced the moral dilemmas in the workplace. Such dilemmas were complex and everyone bought their school of idea about ethics to the table. Also, the issue of business ethics has increased attention. Corporate research and watchdog groups such as the Ethics Resource Center and the Council on Economic Priorities brings out the number of organization that engage in ethics training.
The question arises why the corporates are now more diverted towards “being ethical”. This is what we founded in our research paper that why companies are moving towards ethical, to exist in long run why it is important to adopt ethical practises with the help of certain examples of companies and what happen to them when adopt ethical and unethical behaviour in their workplace.
Concept of business ethics, the importance of ethics in business, myths about business ethics, morale reasoning, the morality of profit motive, ethics and philosophy, ethics and morality, benefits of business ethics, code of conducts; meaning and importance of social responsibility, the evolution of CSR, a morale argument of CSR, increasing relevancy of CSR, social responsibility and ethics, CSR domains.
Ethics and Corporate Social Responsibility are recognized as important concerns in making decision in all aspects of our life. And it’s contributing to accelerate the process of overall development of a nation. India being the second most populous country in the world, and have the largest number of people in need of basic amenities call for more intensive efforts as part of such initiatives in the health care space of the nation. We all know that people engage in business to earn profit. However, making profit is not the sole function of the business. It performs number of social function as it is a part of society. It takes care of those who are instrumental in securing its existence and survival. Business ethics are nothing but the application of ethics in business. It proves that business can be and have been ethical and still make profits. Today more and more interest is being given to the application of ethical practices in business dealings and the ethical implications of business. The paper delves into a comprehensive understanding of how Business Ethics and Corporate Social Responsibility involves as concept and the reason that encourage company in India to be socially responsible.
This document provides an overview of topics related to supply chain management that were discussed in an Emerging Topics class. It includes links to resources on supply chain management roles, terms, trends like blockchain, AI and IOT. It also discusses emerging issues like creating shared value, embedding sustainability, and extending corporate social responsibility to global supply chains. The document outlines lessons learned from quality improvement initiatives that could inform supply chain CSR programs with suppliers. Overall, it promotes a collaborative approach and embedding sustainability into business models from the start.
Are CEO's an Unmanaged Risk to the Organisation's they Steer?David Mallard
Are leaders, and the cultures they spawn, an unmanaged risk to the enterprises they steer? Research shows not
only the costs of failure to pay attention to business ethics
costs but the financial benefits of a focus on business ethics. Board reliance on good compliance policies
can only signal intent. The Board’s critical role in building organisational integrity involves four key activities.
Improving and promoting ethical behavior in business relationsAlexander Decker
This document discusses improving and promoting ethical behavior in business relations. It begins by introducing the objective of the study, which is to investigate the main reasons people indulge in unethical practices and how this affects corporate image and profitability. It then provides context on business ethics and conceptualizes common unethical behaviors such as abusive conduct, conflicts of interest, and dishonesty. The document categorizes causes of unethical behavior and discusses how companies can encourage ethical practices through codes of conduct, training programs, and anonymous reporting systems. Overall, the document analyzes factors that influence unethical behavior and how organizations can establish standards to improve ethics.
The document outlines the key topics in a chapter on social responsibility and ethics. It discusses classical and socioeconomic views of social responsibility, and how social obligation evolves into social responsiveness and responsibility. It examines research on the relationship between social involvement and economic performance. It also defines values-based management, managerial ethics, and how organizations can improve ethical behavior through codes of ethics, training, and leadership.
Contents
Introduction
Meaning and definitions of business ethics
Sources of business ethics
Characteristics of business ethics
Importance
Principles of business ethics
Introduction
Business is a part of society and its functions in the society.
It is the application of ethics to business.
It is the study of good and evil, right or wrong and just and unjust actions of businessmen.
Every business should be guided by ethics.
Ethics helps to survive and succeed their ventures.
Meaning and definition
It refers to the “moral principles which are considered right by the society.
It is the study of morality.
These are the moral principles and rules of conduct which govern and guide the activities of business.
According to David Fritzsche, “it is the process of evaluating decisions, either pre or post, with respect to the moral standards of society’s culture”.
The institute of global ethics defines, “the term ethics as obedience to the unforceable”.
Sources of business ethics
Religion
Culture experience
Legal system
Characteristics/features of business ethics
This document provides an introduction to business ethics. It defines business ethics as the study of business situations addressing issues of right and wrong. Business ethics examines morally right decisions, not just commercially strategic ones. The relationship between business ethics and law is described, with ethics covering issues beyond just legal compliance. Morality, ethics and ethical theory are distinguished, with ethics representing a systematic study of morality. The importance of business ethics is outlined in terms of business power and impact, its potential for good or harm, and addressing complex stakeholder demands. Business ethics is important for a variety of organization types and faces different challenges in a globalized world.
The document discusses business ethics and provides several key points:
1. Ethics refers to principles of right and wrong that govern conduct, and business ethics examines the ethics of businessmen's actions and consequences.
2. A code of ethics provides guidance for employees when facing ethical dilemmas and is most effective when developed with employee participation.
3. Business ethics is important for several reasons - it corresponds to basic human needs, creates credibility with the public, and gives management credibility with employees. Ethical behavior also helps lead to better decision making.
Corporate culture and organizational effectivenessAlexander Decker
This document summarizes a study that examined the effect of corporate culture on organizational effectiveness in the Nigerian banking industry. The study surveyed 388 managers from 24 Nigerian banks. It found that adaptability positively influences profitability and market share, but not productivity. Shared mission, employee involvement, and shared values were positively related to profitability, productivity, and market share. The study concluded that corporate culture significantly influences organizational effectiveness. It recommends that in addition to adaptability, organizations should minimize costs and waste and share their mission and values with employees to promote effectiveness.
This document discusses the effects of moral responsibility on organizational behavior. It reviews literature on how ethics impact employee actions within organizations. Unethical company cultures can socialize employees to engage in unethical or illegal acts. However, establishing clear ethical guidelines and training can promote positive behaviors. The role of human resource development professionals is to address ethics issues, define responsible actions, and encourage ethical decision-making, though some employees may act ethically despite pressures to conform.
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2. Impact of Work Place Ethics on Employee and Organization Productivity
http://www.iaeme.com/IJM/index.asp 23 editor@iaeme.com
with ethics. For instance, the desire for health and wealth are values, but not ethical values.
Importance of advertising is significant but on the other hand, one cannot avoid its bad impact
on the society and culture.
Ethics describes a generally accepted set of moral principles
Morals describe the goodness or badness or right or wrong of actions.
Values describes individual or personal standards of what is valuable or important
Most people have convictions about what is right and wrong based on religious beliefs,
cultural roots, family background, personal experiences, laws, organizational values,
professional norms and political habits.
Ethical values such as trustworthiness, respect, responsibility, fairness, caring and
citizenship personal and professional beliefs vary over time, among cultures and among
members of the same society. They are a source of continuous historical disagreement, even
wars. There is nothing wrong with having strong personal and professional moral convictions
about right and wrong, but unfortunately, some people are "moral imperialists" who seek to
impose their personal moral judgments on others. The universal ethical value of respect for
others dictates honoring the dignity and autonomy of each person and cautions against self-
righteousness in areas of legitimate controversy.
Ethical Behavior and Employee Relations
Ethical behaviour and the employment relations in any work organizations is very crucial for
general development, the production of goods and services, both for domestic consumption
and international trade or exchange, creation of national wealth, the attainment of political
stability and the inclusive benefits of sustainable human developments. Organizations
adhering to ethical standards determine the well-being of all the stakeholders, the
organization’s productivity and the subsequent profitability, as well as the macroeconomic
growth and development of the nation.
The concept of efficiency as applicable to the context of employment relationship is a
function of proper management of employees at work, including the adherence to workplace
ethical standards. Work dominates the lives of most men and women, and the management of
employees, both individually and collectively, remains a central feature of organizational life .
The totality of the essence of work in society is that it is the primary determinism around
which human lives are ordered, organizations improved and nations are developed. Indeed,
organizations advance the fortunes of nations through efficiency, productivity, output level
and performance, as engendered by the institutional labour or a group of people known as
workers.
2. REVIEW OF LITERATURE
The Oxford Advanced Leamer's Dictionary defines ethics as "the science which deals with
morals" Ethics is the systematic study of the fundamental principle of the moral law; or as
normative science of human conduct. This implies that ethics is basically a normative science,
as distinct from the descriptive or empirical sciences. Moral principles that form the subject
matter of ethics are about the way people ought to behave in terms of the commitment to their
work and their team, integrity and being self-disciplined. It follows that ethics, primarily is
the critical investigation of the norms of conduct to which human actions ought to conform.
According to Justin Kuepper (2013), Investing in India may seem foreign to many in the
United States, but the country's positive demographics and rapidly growing economy make it
a great opportunity for international investors.
3. Dr. K Sunanda
http://www.iaeme.com/IJM/index.asp 24 editor@iaeme.com
According to Rick Ferri (2013), what was not expected or reasonable was how the fund
company chose to compare the hypothetical results of the new global index with ETF
investment because those comparisons make the hypothetical global index look spectacular.
According to Eric Dutram (2010), Transparency International, ranked countries from least
corrupt to the most corrupt, takes into account the results of 13 independent corruption
surveys. The top of the list consists of countries such as New Zealand, Denmark, and
Singapore with countries such as Somalia, Afghanistan, and Myanmar at the very bottom
(India ranked 84th).
Statement of the Problem
In this era of globalization and multinational competition, ethical practices in business are
assuming importance as relationships with various suppliers and customers are shaped by
ethical practices and mutual trust. Therefore, ethical decision taking assumes importance in
today’s corporate world. When using the Internet and E-Commerce, it is important to
remember that, there are many legal, moral and ethical issues to consider. Businesses entering
the e-commerce world will be facing a new set of ethical challenges. It is easy for businesses
to become side tracked in the technical challenges of operating in this way and to pay little
attention to the ethical implications.
There is a research gap in the study of ethical issues which, influence performance of
business, which in turn can influence at various levels in the complex society in India. This
study envisages the need for comparison of various ethical issues in the current business
scenario and throws light on the key takeaway points for best Ethical Practices in Business:
An Indian Perspective in the Present Business Scenario.
The desperation of the productive enterprise to achieve corporate goals and workers'
desire for equity has naturally affected etiquette, integrity, self discipline and by extension the
level of performance and productivity within the framework of employment relationship.
3. OBJECTIVES OF THE STUDY
To study the need of Business ethics in organizations.
To study the impact of determinant variables of work place ethics of the study on the
productivity levels.
4. CONCEPTUAL FRAME WORK OF THE STUDY
4. Impact of Work Place Ethics on Employee and Organization Productivity
http://www.iaeme.com/IJM/index.asp 25 editor@iaeme.com
5. RESEARCH METHODOLOGY
Research design was Survey method .Structured questionnaire was used as research
instrument to obtain relevant and valid data from 100 respondents from private and public
sector companies.
Questionnaire
The questionnaire was divided into two parts; the first part contained the demographic profile
of the respondents data such as gender, age, marital status, etc. while the second part contains
twenty items that focused on observed variables of the study, which were developed from
literature and each item was based on a5-Likert scale. AMOS 22 was adopted in testing the
hypotheses.
The data was presented with use of SPSS and Structural Equation Modeling (SEM) was
utilized due to its generality and flexibility to evaluate the validity of regression and
correlation between the observed variables.
Table 1 Data analysis and interpretation
Demographic variables Frequency Percent%
Gender Male 60 60%
Female 40 40%
Total 100 100%
Age Below 21years 10 10%
21-30 years 16 16%
31-40 years 28 28%
41-50 years 25 25%
Above 50 years 12 12%
Total 100 100%
Marital status Married 68 68%
Unmarried 32 32%
Total 100 100%
Educational
qualifications
Under graduate 58 58%
Post graduate 34 34%
PhD 8 8%
Total 100 100%
Designation Senior staff 37 37%
Middle staff 46 46%
Junior staff 17 17%
Total 100 100%
Experience Below 5 years 33 33%
5-10 years 45 45%
10 years 22 22%
Total 100 100%
Interpretation of the Data
As obtained in Table 1, the valid sample for the study shows those sixty (60) males and forty
(40) females representing 60% and 40% respectively. Significant percentages (68%) of the
respondents were married and 22% were unmarried. About 33% have worked for below five
years and with 45% between 5-10 years and above 10 years 22%.
In structural equation modeling, chi -square value is expected not to be significant and
different standards are considered to be appropriate model fit using this measure, the value
ranges between 2 and 5. The chi-square value is (CMIN/DF = 4.234) from the study it could
5. Dr. K Sunanda
http://www.iaeme.com/IJM/index.asp 26 editor@iaeme.com
be considered to have good model fit. The NFI and CFI values obtained are .872 and .873,
respectively, while .9 and above are considered to have acceptable or good fit.
Strong relationships that exist between the variables work attitude, Commitment, team
work and Discipline are a vital predictor of organizational productivity. The regression
coefficient value between commitment and productivity is 0.16, being the highest. While the
coefficient value between both work attitude and productivity; team work and productivity is
.13.
Table 2 Model Fit Summary
Model N
PAR
C
MIN
D
F
P CMI
N/DF
Default model 2
5
8
468
2 014 4.234
Saturated model 2
7
0
00
0
Independence 1
2
6
5.942
1
5
000 4.396
Model N
FI
Delta
1
R
FI
Rho 1
I
FI
Delta
2
T
LI
rho
CFI
Default model .8
72
.0
37
.8
99
.048 .873
Saturated model 1
000
1
000
1.000
Independence
model
.0
00
.0
00
.000 .000
From the above table we interpret that close relationship exists amongst the observed
variables such as integrity, work attitude, commitment, team work and discipline. Strong
relationships that exist between these variables is a vital predictor of organisational
productivity. The regression coefficient value between commitment and productivity is 0.16,
being the highest. While the coefficient value between both work attitude and productivity;
team work and productivity is .13.
Standardized parameter estimates of the model
6. Impact of Work Place Ethics on Employee and Organization Productivity
http://www.iaeme.com/IJM/index.asp 27 editor@iaeme.com
Interpretation of the Data
There is no significant positive correlation between integrity and organizational
productivity
Results obtained from the study showed that integrity and discipline have negative impact on
the improved productivity level of organization,. In other words, both hypothesized
statements regarding these variables are accepted
Self-discipline will not contribute to organizational productivity
Organisations to flourish and survive, stimulation of self-discipline at work are essential.
Further, others hypotheses should be rejected having obtained that variables work attitude,
commitment, and team work are strong predictors of organizational productivity.
Employees' commitment is a determining factor of organization productivity and lack of
teamwork could lead to failure in organizations. Work attitude has also been found to be vital
in organization productivity.
6. CONCLUSION AND RECOMMENDATIONS
The urge to attain and maintain high level of productivity is needed for the establishment of
commercial and business ventures. Ethical consideration in labor management relationship is
a concomitant for organizational development. For high productivity, it’s important that all
stakeholders observe ethical conducts in their dealings with one another. This must be openly
displayed through positive attitudes; committed teamwork, high integrity and self-discipline.
the above mentioned variables serve as indicators of organizational development. This implies
that efforts must be made to ensure and observe etiquette and ethical conducts within work
centers for the expected goals of the complex organization to be attained. Absence of etiquette
in work places has created among the employees attitude, which may hinder productivity.
On the part of the Indian workers, for ethical conducts to have been properly observed, there
is the need to align wage demands and increase in productivity and performance. A stable
pattern of rising productivity will naturally improve and sustain wages and favorable
conditions of employment relationship in India.
REFERENCES
[1] Eric Dutram (2010) Seven Most Corrupt Country ETFshttp://etfdb.com/2010/seven-
mostcorrupt-country-etfs
[2] Justin Kuepper (2013) the Ultimate Guide to Investing in India
Guidehttp://internationalinvest.about.com/od/globalmarkets101/a/The-Ultimate-Guide-
ToInvesting-In-India.htm
[3] Rick Ferri (2013) A Call for Ethics in ETF advertising
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and Character Types for Positive Psychology. Theory &Psychology, 18, (5). pp. 629-653.
[5] Habib A., Khursheed A. & Idrees A. S. (2010) Relationship between Job Satisfaction, Job
Performance.
[6] Attitude towards Work and Organizational Commitment. European Journal of Social
Sciences, Vol. 18(2), 257-267.
7. Dr. K Sunanda
http://www.iaeme.com/IJM/index.asp 28 editor@iaeme.com
[7] Ratna Mappanyukki, Imam Ghozali, Etna Nur Afri Yuyetta and Puji Harto, The Role of
the Non Assurans Service In Mode rating The Effect Professional Ethics, Materiality and
Risk To Audit Quality Reduction. International Journal of Civil Engineering and
Technology, 8(9), 2017, pp. 1065–1073.
[8] Dr. Shivakumar Deene. An Empirical Examination of Liquidity Risk Management with
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01-18.
[9] Jagannath Mohanty, Bhabani P Rath, Examining the Sustainability Of Ethics In Business:
An Academic Perspective. International Journal of Management, 1(2), 2010, pp. 164-173.