Vista Of Business Ethics: A Navigating Force For Good Governance

Abstract

Business ethics is apparent in management literature and business houses today. The essence of human values is quite essential for a long term survival of business. Notwithstanding the social uncertainties and the business fluctuation in vogue, competitive survival is the call of the hour. Understanding human values as human emotions in recent times is a challenge across organizations. This paper holds a study on the relevance, applicability and rationale of business ethics as a gateway to organizational success and reviews the concept of ethics, prospects of business ethics, moral codes, ethical goals, diversity, decision making, legal perspectives, gender differentiation, ethics and international organizations. The paper ends with some firming up on international business ethics and HR initiatives in the workplace.