Role of Ethics and Corporate Social Responsibility in Contemporary Management

The business ethics has long needed a highly practical resource that is designed particularly for leaders and managers, those charged to ensure ethical practices in their organizations. This guide is a straightforward and highly practical tool designed to help leaders and managers implement comprehensive ethics management systems in their workplaces, systems to deal with the complex, ethical issues that can occur in the day-to-day realities of leading and managing an organization. While each company has a different ethical standard, management ethics are largely the same in every industry. The main goal of management ethics is to treat all employees and customers justly and fairly. It is believed that by following a moral and ethical code, business will improve. When a management team adheres to management ethics, employees become motivated and a workplace environment becomes motivational. There is a saying that all is fair in war and love. In a similar way, there is a widespread perception that in business all is fair as long as profits are there. There is a popular saying in Tamil to the effect that “the money got by selling a dog does not bark and the money got by selling fish does not smell.” The purport of this proverb is that the money earned in business is not generally considered to be carrying any evil effect of how it was really got