Ten Traits of an Ethical Business

The new century has exposed any number of businesses which have not acted ethically.  A few years ago, some of HIH’s leaders were prosecuted after the collapse of this insurance company.  In the United States, they’ve witnessed the extraordinary collapses of Enron and Worldcom.  New headlines are regularly critical of banks, building companies, retail chains, hospitals and any number of large organisations.  You rarely see a headline which praises a company for being ethical.  However, generous corporate donations to the tsunami appeal and other worthwhile causes have certainly placed

The new century has exposed any number of businesses which have not acted ethically.  A few years ago, some of HIH’s leaders were prosecuted after the collapse of this insurance company.  In the United States, they’ve witnessed the extraordinary collapses of Enron and Worldcom.  New headlines are regularly critical of banks, building companies, retail chains, hospitals and any number of large organisations.  You rarely see a headline which praises a company for being ethical.  However, generous corporate donations to the tsunami appeal and other worthwhile causes have certainly placed a number of large corporations in good light.  Being ethical in business is about much more than avoiding unfavourable publicity and giving money to charity from time to time.  Here are ten traits of ethical business.  How many of these characteristics does your business possess?

Ten Traits of an Ethical Business

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