Enhancing business ethics through social responsibility
Enhancing business ethics through social responsibility

Summary/Abstract: Modern economic activities that are performed in the globalized world and businesses should have ethical dimension as a sine qua non for successful business results and business performance. The last decade is popular with the issue of social responsibility of organizations and especially for multinational organizations (corporations) where necessary various measures and instruments have to monitor the ethical behavior, due to the involvement of a lot of employees, shareholders, business partners and customers, managers who have different interests, beliefs and values that should be balanced in order to reach the organization`s goals and interests of all included in the community and society. The concept of social responsibility of organizations, used in the big corporation is named as a “corporate social responsibility”. Social responsibility is the responsibility of managers to make choices and take actions that will contribute to the welfare and interests of organization, communities and society. Only organizations with good financial performance and big scale industries can afford better commitment to care of employees, shareholders, business partners, customers and community. In this process of taking care for to the people around, personal moral of managers is very significant for the impact of the social responsibility and the moral behavior of the organization. Ethics education is essential for the ethical organization.

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