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The Link between Business Ethics and Organizational Reputation

2023-07-01 21:20:06

"Trust and reputation have been established for many years and need to be destroyed immediately" (Trevino & Nelson, 2011, p. Xiii). The link between business ethics and the organization's reputation is very important. Doing the right thing for the right reason will help build an organization's reputation while building their ethical capital. It is clear that business ethics is not fashion as ethical mistakes occur frequently (Trevino & Nelson, 2011). In this article, we will explain Connected or Connected business ethics and organization's reputation.

Organizational ethics is the ethics of an organization and is the reaction to stimulation inside or outside the organization. Organizational ethics and organizational culture are interdependent. It is similar to organizational behavior (OB), industry and organizational psychology, and business ethics at the micro and macro level, but organizational ethics is not OB or I / O psychology, but business ethics (including corporate governance) and It is not a business either. It is moral. Regardless of government and / or regulatory law, organizational ethics expresses organizational value to its employees and / or other bodies.

Business ethics is the standards, principles, values, and norms of contemporary organizations that influence the behavior and behavior of individuals within business organizations. Business ethics has two aspects of regulating business ethics and descriptive business ethics. As a business practice and professional discipline, this field is primarily normative. Scholars trying to understand business behavior use descriptive methods. The scope and quantity of business ethics issues reflects the interaction between profit maximizing behavior and non-economic problems

Business ethics may be called management ethics or organizational ethics and limit the ethical reference frame within the organization. According to MacDonlald (2010), "business ethics" can be defined as critically and systematically considering how people and institutions should behave in the business world. According to him, when an individual or company's behavior affects others, it is of particular interest in testing appropriate restrictions on self-interest or (for the company) profit pursuit.

According to business related documents, organizational ethics is the principle and standard of business management. They are best proven by fairness, consideration, honesty, honor, and responsibility. The key to employers and management is to ensure that all employees are aware of these ethics. One of the best ways to communicate organizational ethics is to train employees to comply with company standards. One example of organizational ethics is uniform treatment of all employees. Owners of SMEs need to respect all employees regardless of race, religion, culture, or lifestyle. Everyone should have opportunities for progress equally. One way to promote uniform treatment is through sensitivity training. Several companies hold a one-day seminar on various discrimination issues. After that, we invited external experts to discuss these topics. Likewise, administrators of SMEs should also avoid prioritizing one employee over other employees.