• Business Ethics and Profitability

    Author: K&E Professional Accounting Associates | | Categories: businessethics , businesstransparency , canada , ethicspolicy , profitability

    Accounting Firm in Winnipeg

    Business ethics refers to the moral principles (trustworthiness, respect, fairness, and caring) that guide the day-to-day operations of a company, which should be important to every business.  They are constantly changing and evolving world-wide due to changing laws and society’s concerns.  Some ethical requirements have been written into law over time by governments as minimum standards, such as employer-employee relations including minimum wage and discrimination, insider trading restrictions, bribery, collusion, money laundering and social responsibility. The 1960’s was a first wave of significant changes in business ethics, when more companies started embracing social responsibility.  Rapid population growth, pollution and resource depletion…

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