ETHICS AND ORGANIZATIONAL CULTURE – KEY ELEMENTS REGARDING THE DEVELOPMENT OF ECONOMIC ACTIVITIES

Loredana Terec-Vlad, and Marius Cucu
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Loredana Terec-Vlad,: Stefan cel Mare University of Suceava, 720229, Romania, Lumen Research Center in Social and Humanistic Sciences
Marius Cucu: Stefan cel Mare University of Suceava, 720229, Romania

EcoForum, 2016, vol. 5, issue 1, 22

Abstract: The aim of this paper is to analyse the organizational culture within the business environment. The paper analyzes the ethical criteria of the entrepreneurs and the way they relate to the consumer, as well as the reinforcement of the moral values so that the final result of the economic activity is represented by sustainability and economic profit. We thought it would be important to point out that promoting an ethical firm can ensure the well-needed trust capital in a constantly changing society. In this context, corporate responsibility is a key element that ensures both the sustainability of the company as well as the sustainability of the relations with the business partners. In our view, a strong corporate culture must integrate ethics and responsibility in all its activities, since the focus is often laid on obtaining profit, not on the values that should lead the organization towards success over a long period of time. Since our society provides both positive and negative information regarding any company or organization, the focus should be laid increasingly more on the ethics and responsibility of the human resources in regard to the external environment of the company. We thought it would be appropriate to bring up these issues since the issue of building an organizational culture is at a very early stage in our country, and most entrepreneurs only aim at obtaining short-term profit. The fees and taxes are high and the thick legislation often does not provide alternatives; therefore, one must take into account the fact that the real profit is not represented by the short-term benefits, but rather by the benefits obtained in a constant manner over medium-long periods of time.

Keywords: ethics; organizational culture; trust capital; profit; economic activity (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (6)

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