Ethical Aspects in Legal Management: A Unique Approach to Addressing Moral Dilemmas in Business Decision-Making
Gunawan Widjaja
Journal of Management World, 2024, vol. 2024, issue 4, 326-332
Abstract:
In an increasingly complex and rapidly changing business environment, ethical dilemmas become routine challenges in decision-making. The study examines the importance of ethical aspects in legal management as a foundation for dealing with moral dilemmas in business decision-making. This analysis highlights how ethical dilemmas affect law management policies and practices and the potential positive outcomes of decisions taken with adequate ethical consideration. Using a qualitative approach and relevant literature studies, the study outlines the need to integrate ethical principles into business strategy and operations through the formulation of ethical codes, ethical training, breach reporting mechanisms, and ethical decision-making. Research results show that applying ethical aspects in law management not only improves legal compliance and minimizes risk but also plays a crucial role in building reputation, public trust, and long-term business sustainability. The conclusion emphasizes the importance of ethical aspects in law management to create value and strengthen the organization's integrity in the eyes of stakeholders, thereby reassuring them about the organization's credibility.
Keywords: Business decision-making; Ethical aspects; Legal management; Moral dilemmas. (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:bjx:jomwor:v:2024:y:2024:i:4:p:326-332:id:395
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