Research Article | Open Access
THE IMPORTANCE OF ETHICS IN BUSINESS DECISION MAKING
Vaibhav Pandey
Pages: 8827-8832
Abstract
Paul's (1987) research was crucial in establishing the relevance of studying business ethics in undergraduate and graduate programs in management. In order to operate in an ethical manner, it is widely acknowledged that a value-based education is essential. This research aimed to understand how recently minted managers feel about corporate ethics, how important it is to them personally and professionally, and what part ethics training plays in managerial decision making. In this research, we put to the test the theory of reasoned action, which proposes that one's attitude toward a conduct is a strong predictor of that behavior. A person's attitude toward ethical conduct is the fundamental motivator of their desire to act ethically. The findings indicate that the graduates' age and degree of maturity affect their ethical actions in the workplace. An individual's ethical actions are greatly influenced by their work history. The ethical framework in which recent graduates in the field of management make decisions does not change with experience. The findings provide credence to the hypothesis of rational action.
Keywords
Business Ethics; Values, Decision Making, Business Conduct; Responsive Codes of Practice; Sustainability