Abstract
Ethics is about the behaviors that people enact on a social scale and that have consequences affecting others and the thinking processes that shape them. Business life is a part of social life and it has to develop principles compatible with value judgments in society. Increasing professional corruption is a situation where there is a complexity of values within the society and utilitarianism overcomes everything over time, and an ethical process is required. This can only be achieved through effective leadership.
TopIntroduction
The concept of business ethics has recently become a concept that all organizations are closely interested in. The effect of globalization forces organizations to operate within the framework of ethical principles. Creating ethical codes of organizations in this respect is among the most common methods. The most important factor that pushes organizations towards such a method is that businesses operating in compliance with business ethics principles believe that they will be successful in the long term. Ethical breakdowns of businesses that do not comply with business ethics reveal the necessity of business ethics. The result of this has revealed an ethical collapse that has been exposed to business scandals in America and Europe. Interesting and known of all accounting scandals from the past; ancient and middle ages, 17th-18th. centuries can be listed as 19th century (Jones, 2011: 115), 20th century and 21st century scandals (Yardımcıoğlu& Ada, pp.44-52).
The business community has clearly understood the necessity and importance of business ethics through ethical collapses. In addition, the ethical collapse in the businesses has been examined in terms of its causes and consequences.
The delay of legal arrangements in parallel with technological and social developments in business life, the lack of knowledge of laws, rules and methods, material and moral dissatisfaction cause professional corruption and weaken professional ties.
We have separated generations while studying work ethics. We examined the effects of generational differences on business life and the relationships between business ethics. When we examined the effects, we evaluated them both as employers and employees. Without an ethical climate, we cannot talk about success.
Key Terms in this Chapter
Ethical Dilemma or Ethical Paradox: It is a question of making a decision between the two possible moral imperatives, both of which are unacceptable or undesirable. Complexity arises from situational conflict where obedience will lead to someone else's passing.
Ethical Leadership: It is leadership that is guided by respect for ethical beliefs and values and the dignity and rights of others. So, it's about concepts like trust, honesty, thought, charisma and justice.
Unethical Behavior: A person is an act other than what is considered morally correct or appropriate for the profession or industry. They can act unethical like individuals, businesses, professionals and politicians.
Ethical System: In its simplest form, it is an ethical system of moral principles. It affects the way people make decisions and live their lives. Ethics deals with what is good for individuals and society and is also defined as moral philosophy.
Ethical Perception: It means the individual's perception of the action.
Generational Differences: It is a generation gap, a phrase that is often used when referring to generational differences: A generation gap, or a generational gap, is the difference of opinion about belief, policy or values between one generation and another.
Ethical Code: A code of ethics also referred to as an “ethical code,” may encompass areas such as business ethics, a code of professional practice and an employee code of conduct.
Business Ethics (Also Company Ethics): It is a form of applied ethics or professional ethics that examines ethical principles and ethical or ethical issues that arise in a business environment. It applies to all aspects of business behavior and concerns the behavior of individuals and all organizations.
Ethical Principle: It is a fundamental philosophical attitude that leads directly or indirectly to an ethical standard. The term “ethics” simply means “moral principles that govern the behavior of a person or group.”
Ethical Climate: It is the culture of an institution related to right and wrong problems. The governance that exists in an organization stems from values, norms and habits. The ethical climate stems from a firm's past and leadership.