Making Business Ethics a Competitive Advantage
- Topics:
- Business Ethics,
- Organizational Behavior
- Tags:
- Business Ethics,
- Competitive Advantage,
- Ethics,
- Leadership,
- Management,
- Strategy,
- University Of South Australia
- Source:
- University of South Australia
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Overview: Transaction cost theory, the strategic resources model, and the practice of many successful companies show that ethics can be a source of competitive advantage, while models of management decision making demonstrate that ethical problems are not limited to seemingly intractable dilemmas in medicine and the environment. Empirical studies have shown that many people in Australia today are interested in values and ethics, that skills in moral reasoning can be developed, that codes by themselves are insufficient to bring about changes in behaviour, and that ethical behaviour is influenced by organisational culture.
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Format: PDF | Size: 264KB | Date: Nov 2001 | Pages: 19
