Ethical Management refers to a company’s understanding and implementation of the ethical responsibilities which are socially and commonly expected as well as its economic and legal responsibilities
Following a series of high-profile accounting scandals, corporate ethics has become more important, and ethical management has emerged as a global standard.
Also, the legal institution has been reinforced to strengthen ethics. Keeping pace with this trend, an increasing number of companies are introducing ethical management practice.
Ethical management should be recognized not only as a management tool, but as a management philosophy and a shared value that makes organizations and their management activities sound. It should also be seen as a source of competitiveness.
Today, the companies that do not understand the principles of ethical management and trust cannot be successful. Only those with strong ethical values can survive in this competitive management environment
For all its decisions and implementation of the decisions, companies should also consider their legal and social values from a long term perspective. This principle of social responsibilities is emerging as a major factor of ethical management.
Ethical Management Road- map
Ethical ManagementTo establish a Long-tem Plan
- Task-Performing, Feedback & Enhancing Ethical Management Operating System
- Establishing the Ethical Management Committee
Business CultureTo promote ethical
- Raising awareness on ethical business to cooperating companies
- Verifying effectiveness of the Ethical Management
- Providing compulsory training programme on ethical management
2020Achieve the reputation of
the highest integritTo enhance and
establish ethical business culture
- Intemalizing Ethical Culture
- Achieving the reputation of the highest integrity
- Making its name as an ethical enterprise.