Integrating Ethics into Management: Why Is It Important?

Integrating Ethics into Management: Why Is It Important?

Irem Tukel (Yaşar University, Turkey) and Deniz Zaptcioglu Celikdemir (Yaşar University, Turkey)
DOI: 10.4018/978-1-4666-8195-8.ch033


Ethics is the science of morals dealing with human morality revealed in the human character and conduct. In general, ethics shows a corporation how to behave properly in all their businesses and operations. In business, ethical behavior means feeling responsible, being honest and confident towards your clients, employees, and stakeholders. On the other hand, when a company does not respect ethical criteria and fails to improve them, this will disrupt its integrity and unity and lead to internal or external conflicts. The rules of behavior are set by the government and society in the public area whereas the rules of behavior are set by employers in the workplace. The corporate world has always had some rules, norms, and standards in doing business. In this chapter, the authors show the impact of ethics in the field of management.
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1. Concept Of Ethics

Ethics is a difficult concept to define in a precise way. In general it can be defined as, the code of moral principles and values that govern the behaviors of a person or group with respect to what is right or wrong. (Daft, 1991, p. 92).

Ethics sets standards as to what is good or bad in conduct and decision making (F.Shea, 1988, pp. 601-617). Values and ethics in simple words mean principle or code of conduct that governs human conduct. However, the meaning of the term differs from one person to other according to each point of view. When the sociologist Raymond Baumhart asked business people, “What does ethics mean to you?” he got many different answers. Among the replies were the following:

  • “Ethics has to do with what my feelings tell me is right or wrong.”

  • “Ethics has to do with my religious beliefs.”

  • “Being ethical is doing what the law requires.”

  • “Ethics consists of the standards of behavior our society accepts.”

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