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The Importance Of Business Ethics In Today's Corporate World

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There are many reasons to practice business ethics in today’s corporate world. For years business in America has been scrutinized because of its lack of integrity and continuation of fraud. Business ethics is the modern way for many companies to separate themselves from others. There are both biblical and secular reasons to be ethical today. In this paper, I will discuss 5 points an article that lists many reasons to be ethical in today’s business world. These points discuss why I personally think that business ethics are important. Keep in mind that this article was written from a secular standpoint, and that there will be biblical support added to the end of each point that is made. The reasons for this are to show that ethics should be important …show more content…
Even shareholders can be deceived by falsify financial records. I need to maintain ethical standards for myself in business so that I will not act selfishly to gain for myself at the expense of others. Matthew 7:12 - "In everything, therefore, treat people the same way you want them to treat you, for this is the Law and the Prophets.
#4: Ethics help guard against unethical workers. I want the company I work at someday to be known for being ethical because I will be assured that the majority of workers in the organization will be just as ethical. A person without integrity will not be attracted to a company with high moral values and vice versa. Philippians 4:8 - Finally, brethren, whatever is true, whatever is honorable, whatever is right, whatever is pure, whatever is lovely, whatever is of good repute, if there is any excellence and if anything worthy of praise, dwell on these …show more content…
Companies that want to be ethical also want to serve. The more ethical companies do more for their local environment and people. They give back to others who are less fortunate. I know that if my mind is set on remaining ethical, my heart is also more broken for those who need help, and I believe that this is the same for businesses. It also means that ethics protect business from doing harm to the community in their practices. An unethical company will not take as much care to be responsible for how they impact others. Romans 12:15-18 - Rejoice with those who rejoice, weep with those who weep. Live in harmony with one another. Do not be haughty, but associate with the lowly. Never be wise in your own sight. Repay no one evil for evil, but give thought to do what is honorable in the sight of all. If possible, so far as it depends on you, live peaceably with

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