BUSINESS ETHICS AS A TOOL FOR ORGANISATIONAL GROWTH

Abstract

There is growing recognition that good ethics can have a positive economic impact on the performance of organizations. Many statistics support the premise that ethics, values, integrity and responsibility are required in the modern workplace. As a result of behavioral and financial scandals, corporate fraud and unethical issues, the importance of Business ethics in modern day business organization has been brought to light. The growth of business organization relies on its sound ethical code of conduct to guide both management and employees in its daily activities. The study, therefore, examined the relationship between business ethics and organizational growth. It also explains the concept of ethical code of conduct for a more productive workplace. The study was descriptive in nature. The result therefore showed that the application of ethical code of conduct is a by-product of organizational growth.