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Ethical Necessity Or Imperative Essay

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The Ethical Necessity/Imperative
Companies yield to social pressures for change and ethical duties by giving token concessions to its stakeholders under the name of “social responsibility” or by the owners doing philanthropic activities. These concessions are but partial, if not artificial, commitment to ethical responsibility, and only a fraction of companies do these. There remains a lack of genuine initiative to “ethicize” business institutions. But why is there a need for a greater, real ethical responsibility?
Position: Companies and business people should be ethical
Point 1: Being ethical in business strengthens the systems and relationships that support and sustain it
Individuals, through corporations, have the right to amass wealth, but morality dictates that they do so ethically. Frist, principles of justice argue that unethical business practices, although may be legal, are unfair …show more content…

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Higher ethical commitments from businesses will likely lead to enhance image and reputation, which can lead to greater satisfaction from stakeholders, and eventually will translate to financial benefits. In the long run, commitment to ethical management will pay off the costs of not having to resort to unethical practices, which are traditionally used by managers to increase company

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