IDEAS home Printed from https://ideas.repec.org/a/cmj/journl/y2018i1p59-64.html
   My bibliography  Save this article

Ethics And The Impact On Corporate Governance

Author

Listed:
  • Oana-Marina BĂTAE

    (The Bucharest Academy of Economic Studies)

Abstract

Nowadays, more than ever before, the companies are under the watchful eye of the stakeholders. However much energy, effort and also expertise a company brings in order to bear on the risks of the unethical behavior, many surveys have proved that fraud, bribery and also corruption are unlikely to completely disappear. In order to prevent an unethical behavior, companies must be able to identify, investigate and also remediate actions of different individuals who are prepared not to comply with the ethical principles. Ethics is an important aspect formalised through a Code of Conduct within companies, which has the role to articulate the core values and also employees’ behavioural expectations. It is the responsibility of the management to ensure that the personnel follows this code, otherwise it is informed about the penalties that might arise. Ethics is characterized also by transparency, supporting an increase in the trust of people and institutions.

Suggested Citation

  • Oana-Marina BĂTAE, 2018. "Ethics And The Impact On Corporate Governance," CrossCultural Management Journal, Fundația Română pentru Inteligența Afacerii, Editorial Department, issue 1, pages 59-64, July.
    • Handle: RePEc:cmj:journl:y:2018:i:1:p:59-64
    as

    Download full text from publisher

    File URL: http://seaopenresearch.eu/Journals/articles/CMJ2018_I1_8.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ian Jones & Michael Pollitt (ed.), 1998. "The Role of Business Ethics in Economic Performance," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-37979-4, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Hayam Wahba, 2010. "How do institutional shareholders manipulate corporate environmental strategy to protect their equity value? A study of the adoption of ISO 14001 by Egyptian firms," Business Strategy and the Environment, Wiley Blackwell, vol. 19(8), pages 495-511, December.
    2. Ian W. Jones & Michael G. Pollitt, 2002. "Who Influences Debates in Business Ethics? An Investigation into the Development of Corporate Governance in the UK since 1990," Palgrave Macmillan Books, in: Ian W. Jones & Michael G. Pollitt (ed.), Understanding How Issues in Business Ethics Develop, chapter 2, pages 14-68, Palgrave Macmillan.
    3. Peter Heslam & Ian Jones & Michael Pollitt, 2009. "How a Social Capital Approach can help Multinationals show Ethical Leadership," Working Papers wp388, Centre for Business Research, University of Cambridge.
    4. Dunning, John H., 2004. "The contribution of British scholarship to international business studies," International Business Review, Elsevier, vol. 13(2), pages 257-279, April.
    5. Peter J. Buckley & Mark Casson, 2010. "The Moral Basis of Global Capitalism: Beyond the Eclectic Theory," Palgrave Macmillan Books, in: The Multinational Enterprise Revisited, chapter 9, pages 205-238, Palgrave Macmillan.
    6. Ferrali, Romain, 2012. "The Maghribi industrialists: contract enforcement in the Moroccan industry, 1956-82," Economic History Working Papers 45680, London School of Economics and Political Science, Department of Economic History.
    7. Liemt, Gijsbert van., 2004. "Towards a different kind of globalization, or how the anti-globalists view the world," ILO Working Papers 993692993402676, International Labour Organization.
    8. Elsayed, Khaled & Wahba, Hayam, 2013. "Reinvestigating the relationship between ownership structure and inventory management: A corporate governanceperspective," International Journal of Production Economics, Elsevier, vol. 143(1), pages 207-218.
    9. repec:ilo:ilowps:369299 is not listed on IDEAS
    10. Katherina Glac, 2009. "Understanding Socially Responsible Investing: The Effect of Decision Frames and Trade-off Options," Journal of Business Ethics, Springer, vol. 87(1), pages 41-55, April.
    11. Hayam Wahba, 2008. "Exploring the moderating effect of financial performance on the relationship between corporate environmental responsibility and institutional investors: some Egyptian evidence," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 15(6), pages 361-371, November.
    12. Ian Jones & Michael Pollitt, 1999. "The Development of Ethical Issues Facing Boards of Directors: A Model with Implications," Working Papers wp151, Centre for Business Research, University of Cambridge.

    More about this item

    Keywords

    Ethics; Code of Conduct; Fraud; Whistleblowing; Romanian Banking Ethical Code; Corporate Governance;
    All these keywords.

    JEL classification:

    • D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cmj:journl:y:2018:i:1:p:59-64. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Serghie Dan (email available below). General contact details of provider: https://seaopenresearch.eu/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.