NAME: Eleazar, Joash G.
COURSE/YR: BSCPE – 5th Year
SUBJECT: Technopreneurship
TOPIC: Ethics on Business
In summary:
The importance of business ethics reaches far beyond employee
loyalty and morale or the strength of a management team bond. As with all
business initiatives, the ethical operation of a company is directly related to
profitability in both the short and long term.
The reputation of a business in the surrounding community, other
businesses, and individual investors is paramount in determining whether a
company is a worthwhile investment. If a company is perceived to not
operate ethically, investors are less inclined to buy stock or otherwise
support its operations.
Companies have more and more of an incentive to be ethical as the
area of socially responsible and ethical investing keeps growing. The
increasing number of investors seeking out ethically operating companies to
invest in is driving more firms to take this issue more seriously.
