Codes of Ethics and the Economic Results of Companies

• Authors: Zdeněk Caha
• Languages of publication: EN

Abstracts

EN

The goal of this paper is to determine how widespread the presence of a code of ethics is and the possible relationship between the presence of a code of ethics in Czech companies and the positive economic results of those companies over the last five years. The number of companies that are introducing ethical management continues to grow globally, including in the Czech Republic. A code of ethics is a tool with which to determine the ethical infrastructure of a company, as well as manage it. However, expert opinions on the possible economic impact of ethical management differ considerably. A statistical analysis of the results obtained from a questionnaire survey conducted among a sample of 297 companies showed that the presence of a code of ethics, or a lack thereof, has no demonstrable impact on the economic results of a company regardless of its size.

Keywords

EN

Code of ethics; economic impact; prosperity; management; company; ethical

Discipline

• ECONOMICS: ECONOMICS

• Publisher: The Institute of Technology and Business in České Budějovice, Czech Republic
• Journal: Littera Scripta
• Year: 2018
• Issue: 2
• Pages: 7-19

Dates

published

2018-12-20

Contributors

author

Zdeněk Caha

• Institute of Technology and Business in České Budějovice