Business Studies Journal (Print ISSN: 1944-656X; Online ISSN: 1944-6578)

Abstract

The Importance of Business Ethics: Building Trust and Sustainability

Author(s): Alexander Joseph

Business ethics is an essential aspect of modern business management, as it promotes good corporate governance, builds trust, and supports sustainability. This paper explores the importance of business ethics in building trust and sustainability in organizations. It discusses the various benefits of having a strong ethical culture, including improved reputation, customer loyalty, employee engagement, and increased profits. Additionally, the paper highlights the role of corporate social responsibility (CSR) in promoting sustainable practices and ethical behaviour in businesses. The study concludes that incorporating business ethics into corporate strategies is essential for promoting responsible business practices, building trust with stakeholders, and ensuring long-term sustainability.

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