Levels of Application of Managerial Ethics in Small & Medium Enterprises in Maramures County Cover Image

Niveluri de aplicare ale eticii manageriale la întreprinderile mici şi mijlocii din Judeţul Maramureş
Levels of Application of Managerial Ethics in Small & Medium Enterprises in Maramures County

Author(s): Liviu Gavrilescu
Subject(s): Economy
Published by: Editura U. T. Press
Keywords: management; ethics; SMEs; Maramures County; survey; ethical code;

Summary/Abstract: In "Psychology of decision making", David M. Messick and Max M. Bazerman state: "Ethics in decision making has been dominated by the fact that executives have to make, constantly, a trade-off between profits and ethics". Successful executives need to have precise knowledge about the environment in which they operate. If they lack such knowledge, they need to be able educate themselves. If a manager is not able to estimate the consequences of his decisions, these can backfire and can cause both financial and ethical problems for both the decision maker and the company." Before an Ethical Code is produced, the current level of ethics in management needs to be analyzed, so when producing, implementing and monitoring an Ethics Code, the internal and external results of the company are taken into account. The relevant sample from the managers from Maramures County reveals that, according to the research, there are quite a few interesting characteristics and features in which management ethics is applied in small and medium enterprises. The good results were on a premise that there was good knowledge of the environment of the decision making. Getting to know the environment in which they operated implied a through, systematic and professional analysis. We can conclude that, an Ethics code for the small and medium enterprises in Maramures County is not only a code, but a legal paper which defines relationships between different players in the enterprise, irrespective of the position occupied. It is recommended that this represents the free will of every person in the company, so that they are able to manifest themselves in a natural manner.

  • Issue Year: XX/2011
  • Issue No: 1
  • Page Range: 341-349
  • Page Count: 9
  • Language: Romanian