Business Research Ethics

In: Business and Management

Submitted By mwendabai
Words 971
Pages 4
Business ethics is the principles and standards that determine acceptable conduct in business organizations. If there was any doubt that ethical standards can have a significant impact on work life, research has confirmed that such doubt is unwarranted. A multitude of research has demonstrated that ethics is related to a variety of important job related outcomes. For example, studies have shown that a higher ethical work climate (Mulki, Jaramillo, and Locander, 2008) and top leadership support for ethics and both positively relate to job satisfaction. Ethics codes (Valentine and Fisherman, 2008), ethics training, and perceived corporate social responsibility are also linked to job satisfaction. Unethical business research at work ranges from minor acts of deviance to immoral decisions that result in catastrophes such as the Enron and Merrill Lynch & Co Inc. These fields of research provide especially clear data on connection between unethical workplace acts and wellbeing: discrimination, bullying and injustice. Even though ethics is sometimes under looked in business it is an important conduct in the organization for a variety of reasons. Organizations have to ensure that they practice high standards of ethics in the organization to rip maximum benefits and avoid scandals such as the Enron And Merrill Lynch & Co Inc. Enron Corporation and Merrill Lynch & Co Inc, both practiced unethical business behavior, this is because two of their top officials were involved in fraudulent activity or were charged with conspiracy to commit fraud and other crimes. A former in house accountant at Enron Corp and a former Vice President were both charged with conspiracy to commit fraudulent activity or crimes this was in connection to the government’s investigation on Enron and Merrill Lynch Company. The companies were also practicing unethical behavior in the case of Enron’s parking…...

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