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The challenges of business ethics - management and the question of ethics

Author

Listed:
  • Anton Jamnik

    (Catholic Institute, Faculty of Business Studies, Ljubljana, Slovenia)

Abstract

Past several decades management has become a vital concern to society. If we look at pools, we notice that the public does not have good opinion abouth management ethics and business. For the management community to turn this situation around, significant efforts are required. It should be understood what management ethics means, why it is important and how it should be integrated into decision making. Principles of ethics from moral philosophy and management theory are available to inform interested managers. Next challenge is to avoid immoral management, transitioning from an amoral to a moral management mode of leadership, behavior, decision making policies and practices. Moral management stands on ethical leadership. It requires that managers search out those vulnerable situations in which in which amorality may reign if careful, thoughtful reflection is not given by management. Further requires that managers understand, and be sensitive to, all the stakeholders of the organization and their stakes. If the moral management model is to be achieved, managers need to integrate ethical wisdom with their managerial wisdom and to take steps to create and sustain an ethical climate in their organizations. When all that will be done, the desirable goals of moral management will be achievable.

Suggested Citation

  • Anton Jamnik, 2011. "The challenges of business ethics - management and the question of ethics," Tourism and Hospitality Management, University of Rijeka, Faculty of Tourism and Hospitality Management, vol. 17(1), pages 141-152, May.
  • Handle: RePEc:tho:journl:v:17:y:2011:n:1:p:141-152
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    Citations

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    Cited by:

    1. Maja Kocevar & Dietmar Sternad, 2014. "The Role of Serbian Higher Business Education in Overcoming the Challenges of SME Managers," International Journal of Management, Knowledge and Learning, International School for Social and Business Studies, Celje, Slovenia, vol. 3(1), pages 23-42.
    2. Cristi Spulbar & Ramona Birau & Jatin Trivedi, 2021. "Is There a Necessary Prerequisite to Follow Ethical Issues in Entrepreneurship and Business ?," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 426-428, August.
    3. Włodzimierz Sroka & Richard Szántó, 2018. "Corporate Social Responsibility and Business Ethics in Controversial Sectors: Analysis of Research Results," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 14(3), pages 111-126.
    4. Wesal M. Aldarabseh, 2019. "Business Students’ Attitudes towards Business Ethics in Saudi Arabia: The Gender Factor," Eurasian Journal of Business and Management, Eurasian Publications, vol. 7(3), pages 15-21.

    More about this item

    Keywords

    Business Ethics; Responsibility; Management Ethics; Moral Management; Organization's Ethical Climate;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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