BUSINESS ETHICS AND EDUCATION
In a free market economy system, the company aimed to achieve maximum profit, in line with the principle of efficiency. However, in achieving these goals often businesspeople justify various ways without caring whether his action violated the ethics of doing business or not.
This occurs due to management and employees tend to seek only profit, so a deviation occurs ethical norms, although these companies have a code of conduct in a business that must be obeyed all the organs in the organization. Application of rules on good corporate governace private companies, state enterprises, and government agencies are still weak. Many companies conduct violations, especially in the company's financial performance reporting.
The principle of disclosure of information about the financial performance for JSE listed companies for example are often violated and clearly detrimental stakeholders (stakeholders), especially shareholders and other large communities. Insider trading cases and the number of public companies shares trading suspended by the authority of the stock shows an example of bad practice in business. Not to mention the problem of environmental damage caused by the exploitation of natural resources in pursuit of profit reasons as high regardless of the environmental carrying capacity of ecosystems.
Can be imagined, the real effect due to indifference to ethical business culture of corruption in business is an increasingly serious and destructive social and cultural fabric of society. If this continues, how can foreign investors interested to invest in our country? This situation raises the question of why all of this happen? Are these entrepreneurs do not get the learning of business ethics in college? What is wrong with our education, because education institutions should serve as a morale-force in upholding the values of truth in business?
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