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Role Of Business Ethics In Management Of Human Resources

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  • Branko Mihailovic, Drago Cvijanovic, Zoran Simonovic

    (Institute of Agricultural Economics, Belgrade)

Abstract

The development of modern industry and the system of factory work, together with a large migration of people across oceans and continents, especially during the nineteenth and early twentieth century, has led to major changes in the way people work and do business. The economy shifted from agriculture and family cooperatives to the urban, the industrial organization. The impact of these changes on individuals, professionals, families, communities and the environment, as well as the rise of a new class of wealthy business leaders, but also new areas of poverty, have led to increased reporting of ethical debate. At the same time, if someone has a clear interest in a given company, then to its employees, whose lives and professional careers closely associated with it. Business ethics pays attention to employees (including employees of the management) in several ways. First, most of the ethical problems and crises that occur include operation and participation of employees. Ethical analysis of choice, communication, and behavior of employees occupying a significant part of business ethics. How can managers and owners treat the workers is another ethical issue of interest. Job security, compensation, safety, harassment, prejudice, and even the quality of work experience, are all aspects that are ethically important.

Suggested Citation

  • Branko Mihailovic, Drago Cvijanovic, Zoran Simonovic, 2015. "Role Of Business Ethics In Management Of Human Resources," Ekonomika, Journal for Economic Theory and Practice and Social Issues 2015-01, „Ekonomika“ Society of Economists, Niš (Serbia).
  • Handle: RePEc:esb:petprv:2015-107
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    File URL: http://www.ekonomika.org.rs/en/arhiva/PDF/ekonomika/2015/clanci1/7.pdf
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    References listed on IDEAS

    as
    1. Collins, John W., 1994. "Is business ethics an oxymoron?," Business Horizons, Elsevier, vol. 37(5), pages 1-8.
    2. Drago Cvijanović & Branko Mihailović & Miroslav Čavlin & Gordana Čavlin, 2015. "Impact of Marketing Consulting on Performances of Agrarian Clusters in Serbia," Sustainability, MDPI, vol. 7(2), pages 1-17, January.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    business ethics; human resources management; communications; social responsibility;
    All these keywords.

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • M54 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Management

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