Issues of Business Ethics in Domestic and International Businesses: A Critical Study

Abstract

Ethics is a significant issue in business both on the firm level and wider phases. Ethics indicate what is right and what is wrong in business branches also lead employees and stakeholders with moral values. Ethics is the basics for an impartial internal environment in an organization. An ethical climate constituted on fair foundations and lead by executives upholding ethical standards in the first instance tend to be more achieved when compared to other firms, since fair organizational internal environment motivates employees by satisfying their necessities, enhancing the organizational performance initially, then to bringing about industry and country wide developments. Thus, the aim of this paper is to review ethical management and corporate performance with a theoretical point of view, also with comprising the international business dimension of ethics and its significance for businesses resting on profound publications.

Identification of predictors’ effects on perceiving the ethical climate and job satisfaction within Serbian tourism industry

“…According to Knani (2014), a positive ethical climate creates a healthy organization by increasing employees' job satisfaction, simultaneously motivating them to improve organizational performance (DeConnick, 2010; Gokmen & Ozturk, 2012). Kim and Miller (2008) recommended that companies focus on creating an appropriate ethical climate that reinforces the desired work behavior of their employees.…”