Ethical Managers Practices in Large and Small Business in the U.S. Economic Environment

Abstract

The business horizon is constantly changing and uncertain, especially with respect to ethics and accountability and the cost of ethical malpractice is devastating to business. Ethical malpractices threaten the integrity and reputations of American business managers, who need resources and information from across the globe on how best to ethically manage their businesses. Accordingly, the rise in ethical malpractices questions the skill, knowledge, and resourcefulness of ethics managers in businesses, and what they maintain business ethics, and calls for an examination of their management principles, in addition to assisting in developing renewed ethical principles through research. This paper concludes that they are many factors affect ethical behaviour and business ethics some are internal such as the personal ethics of leaders, managers and supervisors of the business, others are external or environmental such as the dealings of other firms and the economic decline, and recommends further studies on variations in ethical management practices considering business type, size, ownership, and nature of business involvement.