THE ROLE AND IMPORTANCE OF ETHICS IN THE CONTEXT OF CYCLIC EVOLUTION OF BUSINESS

Camelia Bä‚eè˜u ()
Additional contact information
Camelia Bä‚eè˜u: Stefan cel Mare University, Suceava, Romania

European Journal of Accounting, Finance & Business, 2017, vol. 5, issue 15, 1-5

Abstract: The mission of ethics does not reside only in carrying forth the theoretical aspects of moralities, but in being a practical, real guide in the instruction and improvement of ethical life of society. The role of ethics is to assist people and institutions in decision making on what is best for them to do, on which criteria to choose and which are their ethical motivations in their actions. In the analysis of cyclic evolution of business in a company, irrespective of the position taken by the decision maker, the economic conjucture in which that company carries on its activity must also be taken into consideration. Therefore, the furtherance of a proper ethical behavior, both from the part of managers and that of subordinates, has a huge importance with decisive impact on the final results of the whole company on its market evolution.

Date: 2017
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.accounting-management.ro/getpdf.php?paperid=15_1 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:scm:ejafbu:v:5:y:2017:i:15:p:1-5

Access Statistics for this article

European Journal of Accounting, Finance & Business is currently edited by Stefan cel Mare University of Suceava, West University of Timisoara

More articles in European Journal of Accounting, Finance & Business from "Stefan cel Mare" University of Suceava, Romania - Faculty of Economics and Public Administration, West University of Timisoara, Romania - Faculty of Economics and Business Administration Contact information at EDIRC.
Bibliographic data for series maintained by Liviu Scutariu ( this e-mail address is bad, please contact ).