Business Ethics: The Changing Face of Working Life

Business Ethics: The Changing Face of Working Life

Neslihan Yilmaz
DOI: 10.4018/979-8-3693-2045-7.ch005
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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.
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Introduction

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.

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