Record Details

The Importance of Business Ethics to Small Ventures

Entrepreneurship and Innovation Management Journal

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Field Value
 
Title The Importance of Business Ethics to Small Ventures
 
Creator McFarlane, Donovan A.; H. Wayne Huizenga School of Business and Entrepreneurship, Nova Southeastern University, 3301 College Avenue, Fort Lauderdale, Florid
 
Subject Amoral manager, ethical dilemma, good faith, immoral manager, moral manager, natural law, social responsibility, stakeholder analysis, Uniform Commercial Code (UCC)
 
Description This  paper  examines  the  importance  of  ethics  to small  ventures.  The  author  defines  the vulnerability problem of small businesses and defines business ethics as stemming from an understanding that all businesses have  stakeholders and that their actions affect these stakeholders including society. The author explores the literature and body of knowledge or variables constituting the ethical basis or ethical obligations of small businesses, and the standards of business  ethics, and the ethical challenges facing small businesses. The author  identifies  four  areas  in  which  ethics  is  especially  important  to  small  venture practices, and proposes three major approaches or solutions in addressing the challenge of ethics  in  small  businesses.  Finally,  several recommendations  are  made  for  improving ethical practices that create value for customers and contribute to greater success, image and reputation building, and competitive advantage for small business ventures.
 
Publisher Academy of Business & Scientific Research
 
Contributor —
 
Date 2013-11-30
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://absronline.org/journals/index.php/eimj/article/view/25
 
Source Entrepreneurship and Innovation Management Journal; Vol 1, No 1 (2013): November; pp. 50-59
2311-1836
2310-00079
 
Language eng
 
Relation http://absronline.org/journals/index.php/eimj/article/view/25/30
 
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