Cite this article as:"Rewards of Business Ethics," in The Business Professor, updated January 30, 2015, last accessed June 5, 2020, https://thebusinessprofessor.com/lesson/rewards-business-ethics/.
Back to: BUSINESS ETHICS
What are the benefits to business in pursuing ethical business practices?
- Effect: Note the enormous size of the world’s largest companies.
- Profits and business ethics are not contradictory.
- That unethical behavior is a business liability.
- If ethical self-regulation does not guide business behavior sufficiently, legal regulation often follows quickly.